Zip Code

46131

City

Franklin, IN

Population & Migration

What is the forecasted population for Zip code 46131 Franklin, IN?

Population census 2020
33,682
Forecasted population 2025
36,965
9.7% vs. 2020
Forecasted population 2030
38,461
14.2% vs. 2020

Zip code 46131 Franklin, IN population is forecasted to grow 9.7% by 2025 (5.0 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 36,965 people for 2025 zip code 46131 Franklin, IN will generate a good demand for housing, which is expected to have a deficit of 1,822 houses for 2030. Vacancy rate is 4.4 points below national US average.

Total homes available 2020
12,848
Estimated total home demand in 2030
14,670
Total homes balance inventory
1,822

Average Household Income in zip code 46131 Franklin, IN
from Internal Revenue Service

Average household income in 2021
$85,424

Affordability

Affordability Index
2

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 46131 Franklin, IN?

County total number of drinking water violations

200

-18%

244

County total number of drinking water contaminations

59

+146%

24

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