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Franklinton town, North Carolina

City

Population: 2,562 (2023 estimate)

Located in North Carolina , North Carolina

Census Bureau data for Franklinton 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.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Franklinton town

What is the median household income in Franklinton town?
The median household income in Franklinton town is $64,053 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Franklinton town?
The poverty rate in Franklinton town is 10.8% (U.S. Census Bureau ACS 2023).
What is the median home value in Franklinton town?
$195,800 (U.S. Census Bureau ACS 2023).
What is the average rent in Franklinton town?
The median gross rent in Franklinton town is $995 per month (U.S. Census Bureau ACS 2023).
What percentage of Franklinton town residents have a college degree?
24.0% of adults in Franklinton town hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
2,562
Median Income
$64,053
Median Home Value
$195,800
Poverty Rate
10.8%
Unemployment (ACS 2023)
9.4%
Median Age
35.0 yrs
Since 2019 Median Income: +$25,035 (+64.2%) Home Value: +$95,900 (+96%) Poverty Rate: -12.8 pp (-54.2%) Bachelor's+: +11.1 pp (+86%) Unemployment: -0.6 pp (-6%)

Demographics

Total Population 2,562
Median Age 35.0
Female 53.2%
Race & Ethnicity
Hispanic or Latino 5.7% White (non-Hisp.) 51.7% Black 38.6% Asian 0.9% Two or More 6.6% Other 1.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $64,053 ±$6,721
-$5,851 vs. state
Per Capita Income $79,849
Median Family Income $66,779
Poverty Rate 10.8%
+1.4 pp vs. state
Child Poverty Rate 19.2%
Working-Age Poverty Rate
SNAP Recipients 15.9%
Social Security Income
Retirement Income 19.8%
Household Income Distribution
< $10k
3.4%
$10–15k
4.1%
$15–25k
9.0%
$25–35k
9.1%
$35–50k
12.7%
$50–75k
23.6%
$75–100k
12.0%
$100–150k
19.9%
$150–200k
2.0%
$200k+
4.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 1,091
Owner-Occupied 67.4%
Renter-Occupied 32.6%
Vacancy Rate 15.8%
Median Home Value $195,800
-$63,600 vs. state
Median Gross Rent $995
Owner Cost Burden (30%+) 12.0%
Renter Cost Burden (30%+) 55.0%
Home Value Distribution
< $50k
3.6%
$50–100k
16.8%
$100–200k
22.8%
$200–300k
34.6%
$300–500k
15.0%
Gross Rent Distribution
< $500
10.8%
$500–1k
39.9%
$1–1.5k
42.8%
$1.5–2k
6.5%
Vehicle Availability
No vehicle
2.0%
1 vehicle
35.0%
2 vehicles
35.8%
3+
27.2%
Housing Type
Single-fam. det.
82.0%
Single-fam. att.
1.4%
2–4 units
3.1%
5–19 units
0.5%
20+ units
4.4%
Mobile home
6.8%
Housing Age
Pre-1940
29.8%
1940–1969
12.1%
1970–1999
3.9%
2000–2009
8.6%
2010+
11.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 89.3%
Bachelor's or Higher 24.0%
-10.7 pp vs. state
Graduate Degree 11.0%
Some College / Associate 23.5%
Less Than High School 4.0%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 65.6%
Unemployment Rate 9.4%
+4.6 pp vs. state
Work from Home 13.7%
Self-Employed 7.7%
Government Workers 11.8%
Private For-Profit 80.5%
Industry
Edu/Health
20.0%
Prof. Services
13.5%
Transportation
10.4%
Arts/Entmt.
9.2%
Construction
8.7%
Retail
8.6%
Manufacturing
5.6%
Public Admin
5.4%
Information
5.3%
Finance
2.2%
Agriculture
1.0%
Wholesale
0.3%
Occupation
Management
43.7%
Food Prep
17.1%
Sales
13.9%
Production
13.8%
Construction
11.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 31.7 min
Drove Alone 73.8%
Carpool 10.9%
Public Transit 0.0%
Work from Home 13.7%
Walked 1.5%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 919
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 38.3%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 22.0%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
5.0%
5–9
9.8%
10–14
7.7%
15–19
8.0%
20–24
8.4%
25–34
10.4%
35–44
12.6%
45–54
10.1%
55–64
8.0%
65–74
6.8%
75–84
8.7%
85+
2.8%
Under 18: 27.2% Working age (18–64): 72.8% 65 and over: 13.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 2.1%
Naturalized Citizen 44.4%
Speaks English Less Than Very Well 0.0%
Foreign-Born Origin
Latin America
55.6%
Asia
27.8%
Africa
16.7%

Veterans & Disability

Veteran 4.6%
With a Disability 13.3%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 88.7%
Uninsured 11.3%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 88.0%
Has a Computer 91.4%
Same House 1 Year Ago 94.0%
Moved from Abroad 0.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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