Last updated: 2024 BLS data · Page refreshed:
Franklin has a population of 1,530 with a median age of 35.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,530 |
| Median Age | 35.1 |
| White | 64.9% |
| Black or African American | 23.9% |
| Asian | 1.8% |
| Hispanic or Latino | 5.9% |
| Other / Two or More Races | 3.5% |
The median household income in Franklin is $54,265, which is 32.7% below the national median of $80,610. The per capita income is $25,373. The poverty rate is 24.6%.
Tools that help you land a better-paying role — wherever you live. · Sponsored - see disclosure.
In Franklin, 92.2% of residents age 25+ have a high school diploma or higher, and 21.5% hold a bachelor's degree or higher (4.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 92.2% |
| Bachelor's Degree or Higher | 21.5% |
| Graduate or Professional Degree | 4.1% |
The median home value in Franklin is $168,800, below the national median of $303,400. The median monthly rent is $889. The homeownership rate is 45.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $168,800 |
| Median Monthly Rent | $889 |
| Homeownership Rate | 45.1% |
| Vacancy Rate | 20.5% |
Explore salary data for popular occupations in Texas:
Find resources to help plan your move, explore homes, and compare insurance rates in Texas.
Free data-driven updates on cities, salaries & cost of living — no spam, unsubscribe anytime.
Join Americans who use data to make smarter decisions. Privacy Policy