Franklin town, North Carolina
CityPopulation: 4,221 (2023 estimate)
Located in North Carolina , North Carolina
Census Bureau data for Franklin town from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Franklin town
- What is the median household income in Franklin town?
- The median household income in Franklin town is $43,991 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Franklin town?
- The poverty rate in Franklin town is 10.2% (U.S. Census Bureau ACS 2023).
- What is the median home value in Franklin town?
- $190,600 (U.S. Census Bureau ACS 2023).
- What is the average rent in Franklin town?
- The median gross rent in Franklin town is $738 per month (U.S. Census Bureau ACS 2023).
- What percentage of Franklin town residents have a college degree?
- 22.2% of adults in Franklin town hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
4,221
Median Income
$43,991
Median Home Value
$190,600
Poverty Rate
10.2%
Unemployment (ACS 2023)
2.3%
Median Age
47.0 yrs
Since 2019
Median Income:
+$7,857 (+21.7%)
Home Value:
+$51,400 (+36.9%)
Poverty Rate:
-6.0 pp (-37%)
Bachelor's+:
-2.9 pp (-11.6%)
Unemployment:
-0.6 pp (-20.7%)
Demographics
Total Population
4,221
Median Age
47.0
Female
48.8%
Race & Ethnicity
Hispanic or Latino 17.4%
White (non-Hisp.) 72.5%
Black 2.1%
Asian 0.3%
Two or More 9.7%
Other 7.2%
Hispanic Subgroups (% of total pop.)
Mexican
13.9%
Cuban
0.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$43,991
±$4,625
-$25,913 vs. state
Per Capita Income
$64,348
Median Family Income
$58,821
Poverty Rate
10.2%
+0.8 pp vs. state
Child Poverty Rate
26.9%
Working-Age Poverty Rate
—
SNAP Recipients
14.2%
Social Security Income
—
Retirement Income
21.7%
Household Income Distribution
< $10k
4.8%
$10–15k
7.6%
$15–25k
12.5%
$25–35k
12.4%
$35–50k
21.3%
$50–75k
13.8%
$75–100k
8.5%
$100–150k
13.5%
$150–200k
4.5%
$200k+
1.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
2,192
Owner-Occupied
56.5%
Renter-Occupied
43.5%
Vacancy Rate
9.0%
Median Home Value
$190,600
-$68,800 vs. state
Median Gross Rent
$738
Owner Cost Burden (30%+)
12.7%
Renter Cost Burden (30%+)
41.0%
Home Value Distribution
< $50k
6.0%
$50–100k
5.1%
$100–200k
18.5%
$200–300k
28.3%
$300–500k
9.6%
$500k–$1M
7.5%
Gross Rent Distribution
< $500
21.8%
$500–1k
56.4%
$1–1.5k
17.6%
$1.5–2k
3.2%
$3.5k+
0.9%
Vehicle Availability
No vehicle
5.5%
1 vehicle
34.0%
2 vehicles
36.4%
3+
24.1%
Housing Type
Single-fam. det.
62.2%
Single-fam. att.
1.1%
2–4 units
1.8%
5–19 units
6.2%
20+ units
8.6%
Mobile home
6.8%
Housing Age
Pre-1940
7.7%
1940–1969
0.6%
1970–1999
17.6%
2000–2009
8.9%
2010+
7.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
81.0%
Bachelor's or Higher
22.2%
-12.5 pp vs. state
Graduate Degree
7.4%
Some College / Associate
24.6%
Less Than High School
7.6%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
51.7%
Unemployment Rate
2.3%
-2.5 pp vs. state
Work from Home
5.3%
Self-Employed
10.9%
Government Workers
13.3%
Private For-Profit
75.9%
Industry
Edu/Health
22.4%
Arts/Entmt.
16.5%
Construction
12.5%
Retail
11.9%
Finance
7.2%
Prof. Services
6.4%
Public Admin
4.8%
Manufacturing
4.2%
Wholesale
3.1%
Transportation
2.4%
Agriculture
1.9%
Information
1.1%
Occupation
Management
29.9%
Food Prep
29.9%
Sales
16.0%
Construction
15.6%
Production
8.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
23.5 min
Drove Alone
82.4%
Carpool
9.7%
Public Transit
0.0%
Work from Home
5.3%
Walked
1.3%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
1,995
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
35.6%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
13.3%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
4.8%
5–9
3.7%
10–14
6.1%
15–19
8.6%
20–24
5.4%
25–34
6.8%
35–44
10.9%
45–54
12.4%
55–64
7.5%
65–74
8.4%
75–84
11.6%
85+
10.1%
Under 18: 19.1%
Working age (18–64): 80.9%
65 and over: 25.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
11.1%
Naturalized Citizen
26.6%
Speaks English Less Than Very Well
6.4%
Foreign-Born Origin
Latin America
79.9%
Africa
16.1%
Asia
2.8%
Europe
1.3%
Veterans & Disability
Veteran
10.3%
With a Disability
19.6%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
82.0%
Uninsured
18.0%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
83.1%
Has a Computer
85.8%
Same House 1 Year Ago
90.2%
Moved from Abroad
0.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023