Last updated: 2024 BLS data · Page refreshed:
Franklin has a population of 650 with a median age of 29.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 650 |
| Median Age | 29.0 |
| White | 98.0% |
| Other / Two or More Races | 2.0% |
The median household income in Franklin is $65,784, which is 18.4% below the national median of $80,610. The per capita income is $24,109. The poverty rate is 20.8%.
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In Franklin, 79.8% of residents age 25+ have a high school diploma or higher, and 8.6% hold a bachelor's degree or higher (2.2% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 79.8% |
| Bachelor's Degree or Higher | 8.6% |
| Graduate or Professional Degree | 2.2% |
The median home value in Franklin is $104,300, below the national median of $303,400. The median monthly rent is $1,107. The homeownership rate is 65.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $104,300 |
| Median Monthly Rent | $1,107 |
| Homeownership Rate | 65.8% |
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