Last updated: 2024 BLS data · Page refreshed:
Franklin CDP (Merced County) has a population of 7,392 with a median age of 35.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 7,392 |
| Median Age | 35.4 |
| White | 19.3% |
| Black or African American | 6.0% |
| Asian | 21.8% |
| Hispanic or Latino | 58.0% |
The median household income in Franklin CDP (Merced County) is $58,295, which is 27.7% below the national median of $80,610. The per capita income is $22,416. The poverty rate is 22.9%.
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In Franklin CDP (Merced County), 70.7% of residents age 25+ have a high school diploma or higher, and 13.2% hold a bachelor's degree or higher (0.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 70.7% |
| Bachelor's Degree or Higher | 13.2% |
| Graduate or Professional Degree | 0.9% |
The median home value in Franklin CDP (Merced County) is $308,200, above the national median of $303,400. The median monthly rent is $1,399. The homeownership rate is 79.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $308,200 |
| Median Monthly Rent | $1,399 |
| Homeownership Rate | 79.0% |
| Vacancy Rate | 6.2% |
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