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Franklin County, North Carolina

County

Population: 71,962 (2023 estimate)

Located in North Carolina

County-level Census Bureau data covering income, housing, demographics, education, employment, and more. Counties are the primary administrative division in the U.S. and the most common unit for comparing local conditions across a state.

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

Quick Facts — Franklin County

What is the median household income in Franklin County?
The median household income in Franklin County is $146,336 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Franklin County?
The poverty rate in Franklin County is 1.8% (U.S. Census Bureau ACS 2023).
What is the median home value in Franklin County?
$713,200 (U.S. Census Bureau ACS 2023).
What is the average rent in Franklin County?
The median gross rent in Franklin County is $2,091 per month (U.S. Census Bureau ACS 2023).
What percentage of Franklin County residents have a college degree?
72.2% of adults in Franklin County hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
19,994
Median Income
$146,336
Median Home Value
$713,200
Poverty Rate
1.8%
Unemployment (ACS 2023)
1.3%
Median Age
44.0 yrs
Since 2019 Median Income: +$11,445 (+8.5%) Home Value: +$242,300 (+51.5%) Poverty Rate: +0.5 pp (+38.5%) Bachelor's+: +0.4 pp (+0.6%) Unemployment: -1.8 pp (-58.1%)

Demographics

Total Population 19,994
Median Age 44.0
Female 51.0%
Race & Ethnicity
Hispanic or Latino 5.3% White (non-Hisp.) 84.0% Black 3.8% Asian 2.1% Two or More 7.0% Other 1.4%
Asian Subgroups (% of total pop.)
Indian
0.7%
Korean
0.4%
Japanese
0.4%
Chinese
0.3%
Filipino
0.1%
Vietnamese
0.1%
Hispanic Subgroups (% of total pop.)
Cuban
1.6%
Puerto Rican
1.5%
Mexican
1.2%

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

Income & Poverty

Median Household Income $146,336 ±$11,918
+$76,432 vs. state
Per Capita Income $202,915
Median Family Income $184,968
Poverty Rate 1.8%
-7.6 pp vs. state
Child Poverty Rate 2.4%
Working-Age Poverty Rate
SNAP Recipients 1.5%
Social Security Income
Retirement Income 26.7%
Household Income Distribution
< $10k
1.1%
$10–15k
0.5%
$15–25k
1.5%
$25–35k
3.9%
$35–50k
6.9%
$50–75k
12.9%
$75–100k
7.1%
$100–150k
17.6%
$150–200k
11.7%
$200k+
36.9%

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

Housing

Total Housing Units 7,200
Owner-Occupied 87.3%
Renter-Occupied 12.7%
Vacancy Rate 3.1%
Median Home Value $713,200
+$453,800 vs. state
Median Gross Rent $2,091
Owner Cost Burden (30%+) 14.2%
Renter Cost Burden (30%+) 27.1%
Home Value Distribution
< $50k
1.3%
$50–100k
0.2%
$100–200k
0.3%
$200–300k
3.7%
$300–500k
16.0%
$500k–$1M
52.7%
$1M+
25.1%
Gross Rent Distribution
$500–1k
1.2%
$1–1.5k
5.8%
$1.5–2k
37.7%
$2–2.5k
29.1%
$2.5–3.5k
11.0%
$3.5k+
15.2%
Vehicle Availability
No vehicle
1.5%
1 vehicle
14.8%
2 vehicles
50.5%
3+
33.2%
Housing Type
Single-fam. det.
86.4%
Single-fam. att.
7.1%
2–4 units
0.1%
5–19 units
0.9%
20+ units
2.8%
Mobile home
0.3%
Housing Age
Pre-1940
2.1%
1940–1969
0.6%
1970–1999
16.5%
2000–2009
15.4%
2010+
11.0%

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

Education

High School or Higher 97.2%
Bachelor's or Higher 72.2%
+37.5 pp vs. state
Graduate Degree 27.5%
Some College / Associate 11.3%
Less Than High School 1.4%
Enrolled in School

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

Employment

Labor Force Participation 65.4%
Unemployment Rate 1.3%
-3.5 pp vs. state
Work from Home 24.9%
Self-Employed 9.8%
Government Workers 11.3%
Private For-Profit 78.8%
Industry
Edu/Health
26.5%
Prof. Services
19.1%
Retail
10.3%
Finance
9.3%
Arts/Entmt.
7.9%
Manufacturing
7.2%
Construction
4.1%
Public Admin
3.5%
Wholesale
3.0%
Information
2.9%
Transportation
1.8%
Agriculture
0.3%
Occupation
Management
63.6%
Sales
21.7%
Food Prep
8.4%
Construction
3.6%
Production
2.6%

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

Commute

Median Travel Time 27.3 min
Drove Alone 69.7%
Carpool 3.8%
Public Transit 0.0%
Work from Home 24.9%
Walked 0.2%
Bicycle

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

Households & Families

Total Households 6,978
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 67.4%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 29.7%
Multigenerational

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

Age Distribution

Under 5
5.4%
5–9
5.9%
10–14
7.9%
15–19
9.2%
20–24
5.6%
25–34
5.8%
35–44
11.6%
45–54
16.3%
55–64
8.8%
65–74
6.6%
75–84
11.5%
85+
4.1%
Under 18: 26.0% Working age (18–64): 74.0% 65 and over: 16.9%

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

Social Characteristics

Immigration

Foreign Born 5.0%
Naturalized Citizen 64.4%
Speaks English Less Than Very Well 1.0%
Foreign-Born Origin
Asia
40.3%
Latin America
24.5%
Europe
13.2%
Africa
0.7%

Veterans & Disability

Veteran 4.9%
With a Disability 7.3%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 97.7%
Uninsured 2.3%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 97.1%
Has a Computer 98.4%
Same House 1 Year Ago 92.2%
Moved from Abroad 0.3%

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

Compare Franklin County

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Where People Move From (IRS Migration Data)

Top origins of people who moved to Franklin County in 2023, by number of tax returns filed (IRS SOI Migration Data).

Origin Tax Returns People (est.)
Wake County 1,371 2,774
Other flows - South 361 688
Other flows - Northeast 197 365
Granville County 143 301
Vance County 135 267
Durham County 132 255
Other flows - West 125 247
Johnston County 82 172
Other flows - Midwest 81 173
Nash County 65 129