Census Tract 509.06

Tract Snapshot: Census Tract 509.06, Williamson County, TN

Census Tract 509.06 is located in Williamson County, Tennessee, inside the municipal boundary of Franklin, and contains a population of approximately 5,918 residents per Census ACS 2023 five-year estimates. Median household income here is $133,125 — a figure the Census Bureau classifies as "High Income Area" when compared with the 2023 national median near $77,000. Median gross rent sits at $2,431 per month, a useful benchmark for renters comparing local housing costs against nearby neighborhoods. Typical owner-occupied homes are valued around $661,600. The tract's poverty rate is 5.5%, measured as the share of residents with income below the federal poverty threshold.

Census tracts are small, relatively permanent statistical subdivisions of a county designed by the U.S. Census Bureau to contain roughly 1,200 to 8,000 residents, with boundaries held stable across decades so researchers can track neighborhoods over time. Tract-level figures from the American Community Survey are five-year rolling averages rather than snapshots — that smoothing reduces year-to-year noise in small areas but also means the numbers you see here describe the period ending in the reference year rather than a single moment. For context, we link back to the parent city and state pages where you can compare this tract against its neighbors.

Source: U.S. Census Bureau — American Community Survey 5-Year 2023 · GEOID: 47187050906 · Note: ACS margins of error widen at tract level