Is Franklin Township (Grant County), IN growing?
Franklin Township (Grant County), IN had an estimated 7,041 (±25) residents in 2020–2024, against 6,845 in 2015–2019.
That is a change of +2.9%, a measurable increase.
Its housing went from 3,589 to 3,619 homes (+0.8%), not a measurable change.
1.0% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 7,041 (±25)
- Amount of change
- +2.9%
- Homes change
- +0.8%
- Built 2020 or later
- 1.0%
Residents and homes in Franklin Township (Grant County), 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 6,845 (±32) | 7,041 (±25) | +2.9% | Measurable increase |
| Housing units | 3,589 (±238) | 3,619 (±224) | +0.8% | Not a measurable change |
| Households that rent | 37.8% (±5.5 points) | 29.9% (±5.2 points) | −7.9 percentage points | Measurable decrease |
| Median gross rent | $711 (±$48) | $765 (±$21) | +7.6% | Down after inflation |
| Median home value | $69,100 (±$7,961) | $87,800 (±$8,657) | +27.1% | 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 (Grant County) against Grant County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Franklin Township (Grant County) | +2.9% | Measurable increase | +0.8% |
| Grant County | −0.2% | Measurable decrease | −1.9% |
| 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 (Grant County)
| Year built | Franklin Township (Grant County) | Grant County | Indiana | United States |
|---|---|---|---|---|
| 2020 or later | 1.0% (±1.3 points) | 0.3% | 1.7% | 2.0% |
| 2010 to 2019 | 5.7% (±2.7 points) | 3.0% | 8.0% | 9.4% |
| 2000 to 2009 | 5.4% (±2.8 points) | 6.8% | 12.3% | 13.6% |
6.7% of the homes in Franklin Township (Grant County) were built in 2010 or later.
The median age of residents is 44.1 years.
Growth in places near Franklin Township (Grant County)
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Franklin Township (Grant County) | — | 7,041 | +2.9% | Measurable increase |
| Sweetser | 3.7 mi | 1,061 | −17.9% | Not a measurable change |
| Marion | 4.1 mi | 27,531 | −1.5% | Not a measurable change |
| Sims Township | 5.0 mi | 1,514 | −0.5% | Not a measurable change |
| Swayzee | 5.0 mi | 846 | −10.6% | Not a measurable change |
| Pleasant Township (Grant County) | 5.9 mi | 6,970 | +8.1% | Measurable increase |
| Jonesboro | 6.1 mi | 1,578 | +23.8% | Not a measurable change |
| Center Township (Grant County) | 6.1 mi | 21,543 | −2.6% | Measurable decrease |
| Mill Township | 6.6 mi | 10,386 | +1.0% | 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 (Grant County)
Is Franklin Township (Grant County) growing?
Franklin Township (Grant County), IN had an estimated 7,041 residents in 2020–2024 and 6,845 in 2015–2019, a change of +2.9%: a measurable increase by the Census Bureau’s test.
How many homes have been added in Franklin Township (Grant County)?
The estimated number of housing units went from 3,589 in 2015–2019 to 3,619 in 2020–2024 (+0.8%), not a measurable change.
How much new construction is there in Franklin Township (Grant County)?
1.0% of homes in Franklin Township (Grant County) were built in 2020 or later and 5.7% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Franklin township, Grant County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Franklin township, Grant County, Indiana
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Franklin township, Grant County, Indiana
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Franklin township, Grant County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Franklin township, Grant County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Franklin township, Grant County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Franklin township, Grant 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, Grant County, Indiana (county subdivision:25378, in state:18 county:053).
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 (Grant County) at a glance
- Median rent in Franklin Township (Grant County)
- Rent by bedrooms in Franklin Township (Grant County)
- Rent burden in Franklin Township (Grant County)
- Renters and owners in Franklin Township (Grant County)
- Income and affordability in Franklin Township (Grant County)
- Home values in Franklin Township (Grant County)
- Homeowner costs in Franklin Township (Grant County)
- Property taxes in Franklin Township (Grant County)
- Types of homes in Franklin Township (Grant County)
- Bedrooms in Franklin Township (Grant County)
- Age of homes in Franklin Township (Grant County)
- Heating fuel in Franklin Township (Grant County)
- Commute and cars in Franklin Township (Grant County)
- How long people stay in Franklin Township (Grant County)
- Indiana landlord and tenant rules
- Housing across Grant County
- Housing data for every place in Indiana