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Demographic Analysis of Franklin Neighborhood, Marion, Indiana: Population Trends and Density
CATEGORY
Demographics
DATA
Population
Population Density
Franklin neighborhood in Marion, Indiana, experienced population fluctuations from 2010 to 2022. The 2022 population was 1,002 residents with a density of 2,398.37 people per square mile, categorizing it as suburban.
Population declined from 2010 to 2018, reaching a low of 975 residents in 2018. A gradual increase followed, with a slight decrease in 2022. This pattern indicates changes in the neighborhood's appeal or livability.
The population density suggests a moderately compact living environment, typical of suburban areas. An estimated 384 housing units, based on the national average household size, likely comprise a mix of single-family homes and potentially some townhouses or small apartment complexes.
Franklin's lifestyle likely features suburban amenities and some urban conveniences. Residents probably have access to local parks, schools, and basic shopping facilities nearby. The moderate density allows for community interaction while maintaining privacy and personal space.
Franklin's location within Marion, known for its industrial heritage and urban renewal efforts, may explain some population fluctuations. The neighborhood could be influenced by broader economic trends affecting the city.
The population increase since 2018 might indicate improving conditions or renewed interest, possibly due to local development initiatives or housing market changes. The slight decrease in 2022 suggests this growth trend may not be stable or could be affected by external factors such as the global pandemic or economic shifts.
Franklin presents as a suburban neighborhood that has faced challenges but shows signs of resilience and potential growth. The moderate density and recent population trends suggest a community in transition, potentially offering opportunities for long-term residents and newcomers seeking a suburban lifestyle with urban accessibility.
