Last updated: 2024 BLS data · Page refreshed:
Franklin has a population of 526 with a median age of 38.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 526 |
| Median Age | 38.8 |
| White | 80.8% |
| Black or African American | 1.9% |
| Asian | 5.5% |
| Hispanic or Latino | 8.9% |
| Other / Two or More Races | 2.9% |
The median household income in Franklin is $51,500, which is 36.1% below the national median of $80,610. The per capita income is $29,082. The poverty rate is 16.1%.
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In Franklin, 88.0% of residents age 25+ have a high school diploma or higher, and 10.3% hold a bachelor's degree or higher.
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 88.0% |
| Bachelor's Degree or Higher | 10.3% |
The median home value in Franklin is $89,800, below the national median of $303,400. The median monthly rent is $838. The homeownership rate is 83.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $89,800 |
| Median Monthly Rent | $838 |
| Homeownership Rate | 83.9% |
| Vacancy Rate | 3.1% |
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