Last updated: 2024 BLS data · Page refreshed:
Franklin has a population of 265 with a median age of 37.2. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 265 |
| Median Age | 37.2 |
| White | 77.4% |
| Black or African American | 0.4% |
| Hispanic or Latino | 16.6% |
| Other / Two or More Races | 5.6% |
The median household income in Franklin is $41,979, which is 47.9% below the national median of $80,610. The per capita income is $26,686. The poverty rate is 35.6%.
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In Franklin, 87.7% of residents age 25+ have a high school diploma or higher, and 9.1% hold a bachelor's degree or higher (2.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 87.7% |
| Bachelor's Degree or Higher | 9.1% |
| Graduate or Professional Degree | 2.1% |
The median home value in Franklin is $45,500, below the national median of $303,400. The median monthly rent is $960. The homeownership rate is 69.3%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $45,500 |
| Median Monthly Rent | $960 |
| Homeownership Rate | 69.3% |
| Vacancy Rate | 27.9% |
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