Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

28 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $3,459

Average Rent as Percentage of Gross Income

Median rent for 2018: $1,817

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $17,923
--Home Prepared Food $10,099
--Restaurant/Takeaway Food $7,824
Alcoholic Beverages $1,316
Housing $45,430
--Rent/Mortgage/Upkeep/Taxes $26,564
--Utilities $9,157
--Operations $3,449
--Supplies $1,689
--Furnishings $4,587
Apparel $4,214
--Men & Boys $942
--Women & Girls $1,707
--Children < 2 $18
--Footwear $889
Transportation $22,066
--New Vehicles $4,125
--Used Vehicles $4,712
--Fuel $4,765
--Insurance $2,205
--Public Transit $1,849
Healthcare $11,237
Entertainment $7,290
--Pets $1,494
--Toys $356
Personal Care Products $1,743
Books & Literature $249
Education $3,183
Tobacco Products $782
Miscellaneous $2,240
Retirement $4,267
Non-health Insurance $16,501
Total Expenditures $138,441

Selected Population Data

Period Geography Population
2014 Franklin village, Michigan 3,106
2015 Franklin village, Michigan 3,198
2016 Franklin village, Michigan 3,262
2017 Franklin village, Michigan 3,218
2018 Franklin village, Michigan 3,332