Is Franklin Township (Hendricks County), IN growing?
Franklin Township (Hendricks County), IN had an estimated 1,334 (±245) residents in 2020–2024, against 1,494 in 2015–2019.
That is a change of −10.7%, not a measurable change.
Its housing went from 599 to 538 homes (−10.2%), not a measurable change.
2.6% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 1,334 (±245)
- Amount of change
- −10.7%
- Homes change
- −10.2%
- Built 2020 or later
- 2.6%
Residents and homes in Franklin Township (Hendricks County), 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,494 (±214) | 1,334 (±245) | −10.7% | Not a measurable change |
| Housing units | 599 (±79) | 538 (±94) | −10.2% | Not a measurable change |
| Households that rent | 10.0% (±7.0 points) | 3.5% (±3.8 points) | −6.5 percentage points | Not a measurable change |
| Median gross rent | $900 (±$279) | $873 (±$594) | −3.0% | No measurable change after inflation |
| Median home value | $169,100 (±$25,867) | $247,400 (±$60,262) | +46.3% | 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 (Hendricks County) against Hendricks County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Franklin Township (Hendricks County) | −10.7% | Not a measurable change | −10.2% |
| Hendricks County | +11.9% | Measurable increase | +12.8% |
| 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 (Hendricks County)
| Year built | Franklin Township (Hendricks County) | Hendricks County | Indiana | United States |
|---|---|---|---|---|
| 2020 or later | 2.6% (±4.0 points) | 4.4% | 1.7% | 2.0% |
| 2010 to 2019 | 0.2% (±0.6 points) | 17.1% | 8.0% | 9.4% |
| 2000 to 2009 | 13.0% (±10.7 points) | 24.8% | 12.3% | 13.6% |
2.8% of the homes in Franklin Township (Hendricks County) were built in 2010 or later.
The median age of residents is 46.0 years.
Growth in places near Franklin Township (Hendricks County)
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Franklin Township (Hendricks County) | — | 1,334 | −10.7% | Not a measurable change |
| Stilesville | 1.3 mi | 296 | +26.0% | Not a measurable change |
| Amo | 3.6 mi | 417 | −15.4% | Not a measurable change |
| Clay Township (Hendricks County) | 3.7 mi | 2,162 | −2.9% | Not a measurable change |
| Coatesville | 4.8 mi | 566 | +2.0% | Not a measurable change |
| Adams Township (Morgan County) | 5.4 mi | 1,169 | −7.4% | Not a measurable change |
| Clayton | 5.8 mi | 818 | −26.3% | Not a measurable change |
| Liberty Township (Hendricks County) | 5.9 mi | 6,187 | +0.9% | Measurable increase |
| Marion Township (Putnam County) | 7.0 mi | 2,141 | +0.1% | Not a measurable change |
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 (Hendricks County)
Is Franklin Township (Hendricks County) growing?
Franklin Township (Hendricks County), IN had an estimated 1,334 residents in 2020–2024 and 1,494 in 2015–2019, a change of −10.7%: not a measurable change by the Census Bureau’s test.
How many homes have been added in Franklin Township (Hendricks County)?
The estimated number of housing units went from 599 in 2015–2019 to 538 in 2020–2024 (−10.2%), not a measurable change.
How much new construction is there in Franklin Township (Hendricks County)?
2.6% of homes in Franklin Township (Hendricks County) were built in 2020 or later and 0.2% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Franklin township, Hendricks County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Franklin township, Hendricks County, Indiana
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Franklin township, Hendricks County, Indiana
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Franklin township, Hendricks County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Franklin township, Hendricks County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Franklin township, Hendricks County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Franklin township, Hendricks 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, Hendricks County, Indiana (county subdivision:25414, in state:18 county:063).
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 (Hendricks County) at a glance
- Income and affordability in Franklin Township (Hendricks County)
- Home values in Franklin Township (Hendricks County)
- Homeowner costs in Franklin Township (Hendricks County)
- Property taxes in Franklin Township (Hendricks County)
- Types of homes in Franklin Township (Hendricks County)
- Bedrooms in Franklin Township (Hendricks County)
- Age of homes in Franklin Township (Hendricks County)
- Heating fuel in Franklin Township (Hendricks County)
- Commute and cars in Franklin Township (Hendricks County)
- Fair Market Rent in Franklin Township (Hendricks County)
- Indiana landlord and tenant rules
- Housing across Hendricks County
- Housing data for every place in Indiana