Market insights · Kentucky
Franklin County, KY: growth, migration and housing
Franklin County has 52,649 residents, up 2.0% since 2020 (+0.5% in the last year). In 2022–2023, 1,500 households moved in and 1,375 moved out (+125 net), while a net $1.8M of income left. Median household income is $65,298, the median home $216,600 and median rent $967 a month.
In Kentucky: 59th of 120 counties for 5-year population growth · 37th of 120 counties for net in-migration (per resident) · 28th of 120 counties for median household income · 20th of 120 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) |
|---|---|---|
| Fayette County, KY | 214 | $10.3M |
| Scott County, KY | 146 | $8.0M |
| Anderson County, KY | 144 | $6.5M |
| Jefferson County, KY | 100 | $4.5M |
| Shelby County, KY | 85 | $3.6M |
| Woodford County, KY | 83 | $3.3M |
| Jessamine County, KY | 29 | $1.3M |
| Madison County, KY | 28 | $1.3M |
Where leavers went
Top counties by households leaving Franklin County, 2022–2023 (IRS).
| To | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Fayette County, KY | 194 | $10.1M |
| Anderson County, KY | 121 | $5.9M |
| Scott County, KY | 100 | $6.2M |
| Jefferson County, KY | 93 | $5.8M |
| Shelby County, KY | 66 | $2.8M |
| Woodford County, KY | 61 | $2.8M |
| Madison County, KY | 44 | $2.1M |
| Mercer County, KY | 25 | $1.4M |
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.