Income & Economy in Franklin city, OH (45005)
Median Income
$74,239
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,353
Wealth inflow
Population
31,906
Unemployment
3.5%
0.2pp below US avg
IRS migration statistics show a net inflow of about 1,353 for ZIP 45005 (Franklin city, OH) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 45005 (2020–Present)
Since 2020, population declined 0.3%, median income rose 3.0% (inflation-adjusted), home values increased 17.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $74,239 |
| Unemployment | 3.5% |
| Establishments | 546 |
| Employees | 10,294 |