Is Franklin Township (Floyd County), IN growing?
Franklin Township (Floyd County), IN had an estimated 1,757 (±347) residents in 2020–2024, against 1,445 in 2015–2019.
That is a change of +21.6%, not a measurable change.
Its housing went from 581 to 703 homes (+21.0%), a measurable increase.
0.0% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 1,757 (±347)
- Amount of change
- +21.6%
- Homes change
- +21.0%
- Built 2020 or later
- 0.0%
Residents and homes in Franklin Township (Floyd County), 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,445 (±198) | 1,757 (±347) | +21.6% | Not a measurable change |
| Housing units | 581 (±73) | 703 (±97) | +21.0% | Measurable increase |
| Households that rent | 2.0% (±2.2 points) | 5.4% (±4.4 points) | +3.4 percentage points | Not a measurable change |
| Median home value | $177,300 (±$24,768) | $250,600 (±$35,437) | +41.3% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Growth in Franklin Township (Floyd County) against Floyd County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Franklin Township (Floyd County) | +21.6% | Not a measurable change | +21.0% |
| Floyd County | +4.7% | Measurable increase | +6.2% |
| Indiana | +2.8% | Measurable increase | +3.1% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Franklin Township (Floyd County)
| Year built | Franklin Township (Floyd County) | Floyd County | Indiana | United States |
|---|---|---|---|---|
| 2020 or later | 0.0% (±5.2 points) | 1.4% | 1.7% | 2.0% |
| 2010 to 2019 | 5.5% (±3.7 points) | 8.2% | 8.0% | 9.4% |
| 2000 to 2009 | 16.1% (±7.8 points) | 11.7% | 12.3% | 13.6% |
5.5% of the homes in Franklin Township (Floyd County) were built in 2010 or later.
The median age of residents is 39.3 years.
Growth in places near Franklin Township (Floyd County)
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Franklin Township (Floyd County) | — | 1,757 | +21.6% | Not a measurable change |
| Lanesville | 4.1 mi | 944 | +53.5% | Measurable increase |
| Franklin Township (Harrison County) | 5.4 mi | 4,174 | +0.5% | Not a measurable change |
| Shively | 5.5 mi | 15,638 | −0.6% | Measurable decrease |
| Georgetown Township | 5.6 mi | 11,119 | +5.5% | Measurable increase |
| Georgetown | 6.0 mi | 3,800 | +16.3% | Measurable increase |
| Posey Township (Harrison County) | 6.7 mi | 2,855 | −3.5% | Measurable decrease |
| Elizabeth | 7.7 mi | 168 | +7.7% | Not a measurable change |
| New Albany Township | 7.7 mi | 52,011 | +3.7% | Measurable increase |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Franklin Township (Floyd County)
Is Franklin Township (Floyd County) growing?
Franklin Township (Floyd County), IN had an estimated 1,757 residents in 2020–2024 and 1,445 in 2015–2019, a change of +21.6%: not a measurable change by the Census Bureau’s test.
How many homes have been added in Franklin Township (Floyd County)?
The estimated number of housing units went from 581 in 2015–2019 to 703 in 2020–2024 (+21.0%), a measurable increase.
How much new construction is there in Franklin Township (Floyd County)?
0.0% of homes in Franklin Township (Floyd County) were built in 2020 or later and 5.5% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Franklin township, Floyd County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Franklin township, Floyd County, Indiana
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Franklin township, Floyd County, Indiana
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Franklin township, Floyd County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Franklin township, Floyd County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Franklin township, Floyd County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Franklin township, Floyd County, Indiana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Franklin township, Floyd County, Indiana (county subdivision:25360, in state:18 county:043).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Franklin Township (Floyd County) at a glance
- Income and affordability in Franklin Township (Floyd County)
- Home values in Franklin Township (Floyd County)
- Homeowner costs in Franklin Township (Floyd County)
- Property taxes in Franklin Township (Floyd County)
- Types of homes in Franklin Township (Floyd County)
- Bedrooms in Franklin Township (Floyd County)
- Age of homes in Franklin Township (Floyd County)
- Heating fuel in Franklin Township (Floyd County)
- Commute and cars in Franklin Township (Floyd County)
- Fair Market Rent in Franklin Township (Floyd County)
- Indiana landlord and tenant rules
- Housing across Floyd County
- Housing data for every place in Indiana