Population

· The population of Franklin increased from 1,811 in 1990 to 1,835 in 2000.

· The median income of residents in Franklin increased from $41,780 in 1990 to $62,083 in 2000. The median income measures the income of households in the middle of the income spread.

· When adjusted for inflation, median income increased 12.8% from 1990 to 2000.

Economy

· The number of jobs in Franklin decreased from 940 in 1993 to 890 in 1998.

· The property tax base per household increased from $231,363 in 1995 to $284,054 in 2000. This is a measure of how much wealth in the form of taxable property a community has, divided by the number of households in the community.

· The property tax base increased 9%from 1995 to 2000, adjusting for inflation.

Education

· In 2000, Franklin’s property tax base per pupil was $841,924. This is a measure of how much wealth in the form of taxable property a community has, divided by the number of students in the public schools.

· Franklin received $5,062 per pupil in state education aid in 2000.

· In 2000, 7.4% of the elementary school children in Franklin schools were eligible for free or reduced school lunch; 4.9% were non-Asian minorities.

· Enrollment in Franklin schools decreased –7.3% between 1993 and 2000.