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Franklinton, North Carolina

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
2,645
Population
$59,464
Median Income
$249,100
Home Value
38.4
Median Age

Demographics

Franklinton has a population of 2,645 with a median age of 38.4. Here is the racial and ethnic breakdown of the population:

White
56.4%
Black
37.2%
Hispanic
3.0%
Other
2.6%
Asian
0.8%
Demographic Value
Total Population2,645
Median Age38.4
White56.4%
Black or African American37.2%
Asian0.8%
Hispanic or Latino3.0%
Other / Two or More Races2.6%
Franklinton, North Carolina — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 56.4%Black: 37.2%Hispanic/Latino: 3.0%Other: 2.6%Other: 0.8%2,645PopulationWhiteWhite56.4%BlackBlack37.2%Hispanic/LatinoHispanic/Latino3.0%OtherOther2.6%OtherOther0.8%

Income & Economy

The median household income in Franklinton is $59,464, which is 26.2% below the national median of $80,610. The per capita income is $32,833. The poverty rate is 17.2%.

$59,464
Median Household Income
$32,833
Per Capita Income
17.2%
Poverty Rate

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Education

In Franklinton, 85.8% of residents age 25+ have a high school diploma or higher, and 25.4% hold a bachelor's degree or higher (11.9% with a graduate or professional degree).

HS Diploma+
85.8%
Bachelor's+
25.4%
Graduate+
11.9%
Education Level % of Adults (25+)
High School Diploma or Higher85.8%
Bachelor's Degree or Higher25.4%
Graduate or Professional Degree11.9%

Housing

The median home value in Franklinton is $249,100, below the national median of $303,400. The median monthly rent is $963. The homeownership rate is 62.4%.

$249,100
Median Home Value
$963/mo
Median Rent
62.4%
Homeownership Rate
Housing Metric Value
Median Home Value$249,100
Median Monthly Rent$963
Homeownership Rate62.4%
Vacancy Rate13.3%

Salaries in North Carolina

Explore salary data for popular occupations in North Carolina:

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Other Cities in North Carolina

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Frequently Asked Questions

What is the population of Franklinton, North Carolina?
The population of Franklinton, North Carolina is 2,645 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Franklinton, North Carolina?
The median household income in Franklinton, North Carolina is $59,464. This is 26.2% below the national median of $80,610.
What is the median home value in Franklinton, North Carolina?
The median home value in Franklinton, North Carolina is $249,100. The median monthly rent is $963.
What percentage of people in Franklinton have a college degree?
In Franklinton, North Carolina, 25.4% of adults age 25 and older hold a bachelor's degree or higher, and 85.8% have a high school diploma or higher.
Is Franklinton, North Carolina an affordable place to live?
The home price-to-income ratio in Franklinton, North Carolina is 4.2x (median home value $249,100 vs. median income $59,464), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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