Market insights · Indiana
Franklin County, IN: growth, migration and housing
Franklin County has 23,286 residents, up 2.2% since 2020 (+0.7% in the last year). In 2022–2023, 509 households moved in and 589 moved out (-80 net), bringing in a net $1.3M of income. Median household income is $78,074, the median home $249,500 and median rent $870 a month.
In Indiana: 26th of 92 counties for 5-year population growth · 85th of 92 counties for net in-migration (per resident) · 18th of 92 counties for median household income · 11th of 92 counties for median home value.
Where new residents came from
Top counties by households (tax returns) moving to Franklin County, 2022–2023 (IRS).
| From | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Ripley County, IN | 101 | $5.9M |
| Dearborn County, IN | 57 | $4.9M |
| Hamilton County, OH | 52 | $3.1M |
| Butler County, OH | 34 | $2.5M |
| Fayette County, IN | 32 | $1.3M |
| Decatur County, IN | 25 | $1.0M |
| Marion County, IN | 21 | $1.2M |
Where leavers went
Top counties by households leaving Franklin County, 2022–2023 (IRS).
| To | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Ripley County, IN | 100 | $5.2M |
| Hamilton County, OH | 61 | $3.4M |
| Dearborn County, IN | 51 | $3.6M |
| Butler County, OH | 41 | $1.6M |
| Decatur County, IN | 39 | $2.0M |
| Fayette County, IN | 35 | $1.4M |
| Union County, IN | 24 | $1.2M |
| Wayne County, IN | 22 | $0.8M |
BizyFi in Franklin County
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Sources: U.S. Census Bureau population estimates (vintage 2025), American Community Survey 5-year (2024), and IRS Statistics of Income county-to-county migration data (2022–2023). Migration counts are tax returns (roughly households) moving between U.S. counties; the IRS suppresses very small flows. Growth rates, per-1,000 figures, rent share and state ranks are BizyFi calculations. Data updated 2026-10-17. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.