Franklin, Indiana is a part of the Johnson County Submarket submarket area, and contains zip code 46131.
The 2019 average effective rent for Class A, B, and C apartments in the Franklin, IN submarket area was $806, which is 14.81% lower than 2014 average rent. This represents a compounded annual growth rate of 2.80%. 2019 vacancy in Franklin, IN was 2.00%.
The total population of the city of Franklin, IN has grown 6.48% since 2010. As of 2018, the population was 25,248. The median household income of the Franklin was $59,064, which is 2.04% lower than the national average.