You are here: Real Estate FSBO » Profile » Profile TN » Profile FRANKLIN, TN » Economy
Find in
Neighborhood Info: Franklin Overview, Franklin Schools, Franklin Events, Franklin Economy, Franklin Climate, Value Trends, Cost of Living, Crime Rates
Real Estate: Tennessee Real Estate Database, Tennessee Homes For Sale, Foreclosures
Useful Services: Franklin Home Staging, Franklin Real Estate Brokers/Agents, Franklin Videographers, Moving Services, Home Inspectors

Franklin, Tennessee Economy Profile

Official State Website URL- http://www.tennessee.gov

QuickFacts


 Franklin, Tennessee United States
StateTennessee
CityFranklin
Total population41,842 281,421,906
Male20,224138,053,563
Female21,618143,368,343
Median age (years)33.035.3
Total households16,128105,480,101
Median household income (dollars)56,43141,994

Franklin, Tennessee Economy

The number of private wage and salary workers in Franklin, Tennessee equals 18,855. Government workers comprise 8.49% of workers in Franklin, Tennessee. Self-employed workers in own not incorporated business make up 6.69% of Franklin, Tennessee labor force. There are 89 unpaid family workers in Franklin, Tennessee.

5.11% of population are involved in construction, thirteen point zero nine percent are in manufacturing, and 4.01% are in wholesale trade. Ten point four two percent of labor force provide professional, scientific, management, administrative, and waste management services in Franklin, Tennessee. 8.98% of people provide Arts, entertainment, recreation, in Franklin, Tennessee.

seventy-four point two five percent of population 16 years and over is in the active work force in Franklin, Tennessee. 82.9% of Franklin, Tennessee workers 16 years and over commute to work by car, truck, or van - drive alone. Four point seven five percent of Franklin, Tennessee residents work at home. 0.21% use public transportation (including taxicab).

 Franklin, Tennessee %, Franklin, Tennessee United States
Population 16 years and over31,081  217,168,077
In labor force23,077 74.25%63.92%
- Civilian labor force23,077 74.25%63.39%
- - Employed22,335 71.86%59.73%
- - Unemployed742 2.39%3.66%
- - - Percent of civilian labor force3.2  5.8
- Armed Forces0  0.53%
Not in labor force8,004 25.75%36.08%
 
Females 16 years and over16,328 52.53%51.66%
In labor force10,664 34.31%29.72%
- Civilian labor force10,664 34.31%29.65%
- - Employed10,350 33.3%27.92%
 
Own children under 6 years4,162 13.39%10.05%
All parents in family in labor force2,154  12,787,501
 
COMMUTING TO WORK
Workers 16 years and over21,957  128,279,228
Car, truck, or van -- drove alone18,202 82.9%75.7%
Car, truck, or van -- carpooled2,232 10.17%12.19%
Public transportation (including taxicab)47 0.21%4.73%
Walked189 0.86%2.93%
Other means244 1.11%1.19%
Worked at home1,043 4.75%3.26%
Mean travel time to work (minutes)22.9 0.1%25.5
 
Employed civilian population 16 years and over22,335  129,721,512
 
OCCUPATION
Management, professional, and related occupations10,013 44.83%33.65%
Service occupations2,385 10.68%14.86%
Sales and office occupations6,538 29.27%26.69%
Farming, fishing, and forestry occupations57 0.26%0.73%
Construction, extraction, and maintenance occupations1,362 6.1%9.45%
Production, transportation, and material moving occupations1,980 8.87%14.62%
 
INDUSTRY
Agriculture, forestry, fishing and hunting, and mining45 0.2%1.87%
Construction1,142 5.11%6.78%
Manufacturing2,924 13.09%14.1%
Wholesale trade895 4.01%3.6%
Retail trade2,646 11.85%11.73%
Transportation and warehousing, and utilities481 2.15%5.2%
Information1,313 5.88%3.08%
Finance, insurance, real estate, and rental and leasing2,845 12.74%6.89%
Professional, scientific, management, administrative, and waste management services2,327 10.42%9.3%
Educational, health and social services3,941 17.64%19.92%
Arts, entertainment, recreation, accommodation and food services2,005 8.98%7.87%
Other services (except public administration)1,194 5.35%4.87%
Public administration577 2.58%4.79%
 
CLASS OF WORKER
Private wage and salary workers18,855 84.42%78.47%
Government workers1,897 8.49%14.59%
Self-employed workers in own not incorporated business1,494 6.69%6.63%
Unpaid family workers89 0.4%0.31%
 Franklin, Tennessee %, Franklin, Tennessee United States
INCOME IN 1999
Households16,092  105,539,122
Less than $10,000805 5.0%9.54%
$10,000 to $14,999700 4.35%6.31%
$15,000 to $24,9991,316 8.18%12.83%
$25,000 to $34,9991,814 11.27%12.81%
$35,000 to $49,9992,407 14.96%16.53%
$50,000 to $74,9993,326 20.67%19.46%
$75,000 to $99,9992,387 14.83%10.23%
$100,000 to $149,9992,354 14.63%7.72%
$150,000 to $199,999552 3.43%2.2%
$200,000 or more431 2.68%2.37%
Median household income (dollars)56,431  41,994
With earnings14,434 46.44%39.12%
- Mean earnings (dollars)69,184  56,604
With Social Security income2,352 7.57%12.47%
- Mean Social Security income (dollars)11,424  11,320
With Supplemental Security Income282 0.91%2.13%
- Mean Supplemental Security Income (dollars)6,604  6,320
With public assistance income250 0.8%1.67%
- Mean public assistance income (dollars)1,996  3,032
With retirement income1,502 4.83%8.13%
- Mean retirement income (dollars)19,383  17,376
 
Families11,238  72,261,780
Less than $10,000292 2.6%5.75%
$10,000 to $14,999369 3.28%4.31%
$15,000 to $24,999678 6.03%10.74%
$25,000 to $34,999928 8.26%12.02%
$35,000 to $49,9991,442 12.83%17.13%
$50,000 to $74,9992,449 21.79%22.32%
$75,000 to $99,9992,085 18.55%12.47%
$100,000 to $149,9992,088 18.58%9.6%
$150,000 to $199,999525 4.67%2.75%
$200,000 or more382 3.4%2.92%
Median family income (dollars)69,431  50,046
 
Per capita income (dollars)27,276  21,587
Median earnings (dollars):
Male full-time, year-round workers50,226  37,057
Female full-time, year-round workers31,531  27,194
 
POVERTY STATUS IN 1999 (below poverty level)
Families576  6,620,945
With related children under 18 years449 77.95%77.87%
- With related children under 5 years230 39.93%38.7%
 
Families with female householder, no husband present292  3,315,916
With related children under 18 years249 85.27%88.68%
- With related children under 5 years120 41.1%42.27%
 
Individuals2,744  33,899,812
18 years and over1,808 65.89%65.35%
- 65 years and over344 12.54%9.7%
Related children under 18 years929 33.86%33.59%
- Related children 5 to 17 years635 23.14%23.52%
Unrelated individuals 15 years and over771 28.1%31.63%
View more about Franklin, Tennessee: population  |   housing  |   education  |   economy  |   neighborhood


The data is taken from www.census.gov reports.