Median Age
48 Years
Largest Age Group
55-64 Years
Approximately 16% of Residents
Under 20
22%
Over 65
23%
Franklin
Franklin, MI Area Guide
This small town will show you all the joys of living in a quaint community
Quaint
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Great Location
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Restaurants
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Historic
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Convenient
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Called the “Town That Time Forgot,” Franklin is an old-fashioned village. Named after Benjamin Franklin, this village is a registered National Historic District. Franklin is known for its impressive estate-style homes, vintage downtown area, and beloved cider mill. Downtown, residents enjoy charming mom-and-pop shops and restaurants paying homage to the town’s historic roots. Purchase handcrafted, one-of-a-kind jewelry at So Zen Design, or enjoy classic American fare at the Franklin Grill, a tavern serving up locally sourced food in a former 1840s blacksmith shop.
The renowned Franklin Cider Mill attracts people from across Michigan. Not only does this mill produce handmade apple cider, candied apples, jams, and doughnuts, but it’s also a major social hub for Franklin residents during autumn. Franklin Cider Mill offers live entertainment, face painting, and more for families to enjoy. Maintaining its quaint charm, Franklin is predominantly residential, and most renters travel outside of town for amenities. Conveniently, Franklin is near several commercial centers offering a variety of local eateries, popular chains, and department stores. Franklin is a great community for commuters with Detroit only 30 minutes away.
Demographics
Median Household Income
$177,153
Average: $193,605
Education
1,796
Residents Have a Degree
Job Market
1,343
Workers Employed
Age Distribution
Get a sense of this area's population profile.
Housing Distribution
Franklin has more homeowners than renters.
Renters
4%
Non-Renters
96%
Education Distribution
Review this city's overall education levels.
Bachelor's or Higher
55%
Other Education
45%
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Franklin, MI is for everyday living.
Fairly Walkable
Walkability
40
/ 100
Very Drivable
Drivability
80
/ 100
Somewhat Bikeable
Bikeability
30
/ 100
Scores provided by
Points of Interest
Shopping Centers
Parks and Recreation
- E.L. Johnson Nature Center
- Catalpa Oaks County Park
- Farmington Hills Nature Center and Heritage Park
- Cranbrook Institute of Science
- West Bloomfield Woods and Nature Preserve
Commuter Rail
Military Bases
Airports
- Detroit Metro Wayne County
Top Apartments in Franklin
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Nearby City Rentals
Nearby Neighborhood Rentals
Nearby House Rentals
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.