Groundwork

Funeral services · Small-town market · Kentucky

Funeral homes in the Franklin, KY area

Competitor counts, household spending and official business counts for funeral homes in the Franklin, KY area, set against other small-town markets and the U.S.

Groundwork market score

Not scored

The score needs at least 5 listings; this market has 4.

Listings
4
0 chain locations (0%)
Official establishments
n/a
Fewer than 3, or not published
Household spending a year
$1M
On funerals · $127 a household
Spending per listing
$256K
62% below the U.S.
Listings per 10k households
5.0
2.4 times the U.S.
Population, 2025
20,788
+5.9% since 2020

See the funeral homes around any address in the Franklin area

The site report maps the funeral homes on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Franklin area. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

Map listings as of September 2026 show 4 funeral homes in the Franklin area. That is 5.0 per 10,000 households, 2.4 times the U.S. rate of 2.1.

Household spending on funerals in the Franklin area comes to about $1M a year: $127 per household, 11% below the U.S. average. Spread across 4 funeral homes, that is $256K per home, 62% below the U.S. figure of $679K.

There is no official count of businesses with payroll classed as funeral homes and funeral services in the Franklin area: counts under 3 aren’t published.

Population estimates show the Franklin area grew 5.9% from 2020 to 2025, faster than the U.S. (+3.1%). With 4 funeral homes on map listings, the Franklin area isn’t given a market score: the score needs at least 5, since one listing more or less would swing it.

How the Franklin area compares

The same measures for Kentucky and the whole U.S. Spending per listing divides a year of household spending on all funerals by the funeral homes counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Funeral homes in Franklin, KY area compared with Kentucky and the U.S.
MeasureFranklin areaKentuckyU.S.
Listings per 10k households5.03.22.1
Spending per listing$256K$415K$679K
Households per official establishmentn/a4,9318,510
Official establishment growth, 2019–2023n/a−2.6%−1.7%
Population growth, 2020–2025+5.9%+2.2%+3.1%
Spending per household on funerals$127$134$143
Median household income$59,858$63,726$80,734
Groundwork market scoreNot scored17

Official counts and lending

Businesses

Official establishments, 2019 to 2023
n/a
Employees, 2023
n/a
Annual payroll, 2023
n/a
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
40 chain locations
Listings at the U.S. rate for this spending
2The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as funeral homes and funeral services in the Franklin area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Franklin area

Population, 2025 estimate
20,788+5.9% since 2020
Households
8,025
Median age
39.5
Homes lived in by their owners
67%
Vehicles per household
2.1
Land area
234 sq. mi.
People per square mile
85
Median household income
$59,858
Average household income
$75,938
Median home value
$229,400
Jobs located here
9,389
Daytime population
20,592Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Franklin area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the funeral homes on map listings by name and distance.

Or open the report at the center of the Franklin area. Signed out, you see a blurred preview; on an account, each report is one action.

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Funeral homes across Kentucky

Every Kentucky market ranked →

The highest-scoring small-town markets in Kentucky for funeral homes, numbered among those based in Kentucky, with the Franklin area marked.

Top small-town markets in Kentucky

Small-town markets in Kentucky ranked for funeral homes by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Somerset, KY8062.3$692K+3.5%#30 of 365
2Richmond-Berea, KY70112.2$556K+7.0%#61 of 365
3Frankfort, KY61103.1$403K+3.1%#113 of 365
4Henderson, KY5173.0$443K−0.9%#172 of 365
5Murray, KY4763.9$321K+4.9%#192 of 365
6Corbin, KY46193.4$412K+0.1%#194 of 365
7Glasgow, KY4694.1$350K+2.6%#200 of 365
8Mount Sterling, KY4295.0$284K+3.1%#229 of 365
9Campbellsville, KY4196.1$251K+3.4%#240 of 365
10Danville, KY35115.1$291K+3.6%#277 of 365
Franklin, KYNot scored45.0$256K+5.9%

Other business types in the Franklin area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many funeral homes are in the Franklin, KY area?

There are 4 funeral homes on map listings in the Franklin area as of September 2026. The listings count funeral homes, mortuaries and cremation services. No official count is published for funeral homes and funeral services in the Franklin area: counts under 3 are left out.

How much do households in the Franklin, KY area spend on funerals?

About $1M a year, or $127 per household. That is 11% below the U.S. average (an index of 89, where 100 is the U.S. average). Spread across the 4 funeral homes on map listings, it comes to $256K per home. It is estimated from the incomes of the 8,025 households in the Franklin area and national spending patterns by income.

How does the Franklin, KY area compare with the U.S. for funeral homes?

The Franklin area has 5.0 funeral homes per 10,000 households, 2.4 times the U.S. rate of 2.1. Spending per home is $256K, 62% below the U.S. figure of $679K. At the national ratio of funeral homes to household spending, the Franklin area would have about 2, against 4 on map listings.

How fast is the Franklin, KY area growing?

Population estimates put the Franklin area at 20,788 people in 2025, up 5.9% since 2020, faster than the U.S. (+3.1%). It has 8,025 households. Median household income in the Franklin area is $59,858, 26% below the U.S. median of $80,734.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Franklin area has no market score for funeral homes: the score needs at least 5 on map listings, and it has 4.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Franklin area. It maps the funeral homes on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for funeral homes · All 56 business types in the Franklin area

Screening a site or an acquisition in the Franklin area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Franklin area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.