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Franklin Furnace, Ohio

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,594
Population
$59,621
Median Income
$147,200
Home Value
37.9
Median Age

Demographics

Franklin Furnace has a population of 1,594 with a median age of 37.9. Here is the racial and ethnic breakdown of the population:

White
88.7%
Black
9.0%
Other
2.0%
Demographic Value
Total Population1,594
Median Age37.9
White88.7%
Black or African American9.0%
Hispanic or Latino0.3%
Other / Two or More Races2.0%
Franklin Furnace, Ohio — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 88.7%Black: 9.0%Other: 2.0%Other: 0.3%1,594PopulationWhiteWhite88.7%BlackBlack9.0%OtherOther2.0%OtherOther0.3%

Income & Economy

The median household income in Franklin Furnace is $59,621, which is 26.0% below the national median of $80,610. The per capita income is $24,839. The poverty rate is 12.5%.

$59,621
Median Household Income
$24,839
Per Capita Income
12.5%
Poverty Rate

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Education

In Franklin Furnace, 91.8% of residents age 25+ have a high school diploma or higher, and 16.0% hold a bachelor's degree or higher (4.1% with a graduate or professional degree).

HS Diploma+
91.8%
Bachelor's+
16.0%
Graduate+
4.1%
Education Level % of Adults (25+)
High School Diploma or Higher91.8%
Bachelor's Degree or Higher16.0%
Graduate or Professional Degree4.1%

Housing

The median home value in Franklin Furnace is $147,200, below the national median of $303,400. The median monthly rent is $706. The homeownership rate is 80.2%.

$147,200
Median Home Value
$706/mo
Median Rent
80.2%
Homeownership Rate
Housing Metric Value
Median Home Value$147,200
Median Monthly Rent$706
Homeownership Rate80.2%
Vacancy Rate15.3%

Salaries in Ohio

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Other Cities in Ohio

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Frequently Asked Questions

What is the population of Franklin Furnace, Ohio?
The population of Franklin Furnace, Ohio is 1,594 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Franklin Furnace, Ohio?
The median household income in Franklin Furnace, Ohio is $59,621. This is 26.0% below the national median of $80,610.
What is the median home value in Franklin Furnace, Ohio?
The median home value in Franklin Furnace, Ohio is $147,200. The median monthly rent is $706.
What percentage of people in Franklin Furnace have a college degree?
In Franklin Furnace, Ohio, 16.0% of adults age 25 and older hold a bachelor's degree or higher, and 91.8% have a high school diploma or higher.
Is Franklin Furnace, Ohio an affordable place to live?
The home price-to-income ratio in Franklin Furnace, Ohio is 2.5x (median home value $147,200 vs. median income $59,621), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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