Franklin, MI Employment - Median Household Income, Unemployment Rate

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219%

Income/capita NAT. AVG.

195%

Household income NAT. AVG.

57%

Unemployment NAT. AVG.

Index	Franklin	Michigan	National
Income per capita	$143,146	$40,534	$44,883
Median household income	$240,000	$74,200	$81,333
Median income owner occupied	$243,976	$92,757	$106,172
Median income renter occupied	$211,244	$42,775	$52,080
Median earnings male	$151,281	$52,653	$54,343
Median earnings female	$65,105	$34,413	$38,439
Unemployment rate	2.1%	5.5%	4.9%
Poverty level	3.4%	16.3%	15.1%

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Key findings

The income per capita in Franklin is 219% higher than the national average
The median household income in Franklin is 195% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Franklin is 57% lower than the national average
The poverty level in Franklin is 78% lower than the national average

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am i middle class

$159,984 $240,000 $480,000

City

$49,461 $74,200 $148,400

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Franklin median earnings by income bracket

Franklin employment by industry

Labour Type	Male	Female
Construction industry	6.7%	6.7%
Manufacturing sector	19.3%	19.3%
Financial & insurance services	3.8%	3.8%
Wholesale & retail services	9.9%	9.9%
Public administration	2.0%	2.0%
Transportation, warehousing & utilities	0.0%	0.0%
Education, health & social services	16.3%	16.3%
Other	38.8%	38.8%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Orchard Lake Village, MI	2,576	$306,760	277.2%
Lake Angelus, MI	335	$269,985	232.0%
Bloomfield Hills, MI	4,127	$267,076	228.4%
Bingham Farms, MI	1,580	$251,607	209.4%
Huntington Woods, MI	6,528	$221,883	172.8%
Franklin, MI	2,935	$240,000	195.1%

Cities with similar population

City	Population	Household Income	National Avg.
Filer, ID	2,935	$60,438	25.7%
Akron, NY	2,934	$77,861	4.3%
Yamachiche, QC	2,934	n/a
Kechi, KS	2,936	$147,524	81.4%
Ravensworth, VA	2,936	$209,872	158.0%
Franklin, MI	2,935	$240,000	195.1%

Source: The Franklin, MI employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.