Last updated: 2024 BLS data · Page refreshed:
Franklin has a population of 373 with a median age of 55.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 373 |
| Median Age | 55.8 |
| White | 97.6% |
| Black or African American | 2.4% |
| Hispanic or Latino | 1.9% |
The median household income in Franklin is $26,193, which is 67.5% below the national median of $80,610. The per capita income is $15,182. The poverty rate is 50.3%.
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In Franklin, 75.3% of residents age 25+ have a high school diploma or higher, and 4.4% hold a bachelor's degree or higher (2.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 75.3% |
| Bachelor's Degree or Higher | 4.4% |
| Graduate or Professional Degree | 2.9% |
The median home value in Franklin is $65,500, below the national median of $303,400. The median monthly rent is $507. The homeownership rate is 28.2%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $65,500 |
| Median Monthly Rent | $507 |
| Homeownership Rate | 28.2% |
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