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Franklin County, Virginia

County

Population: 54,958 (2023 estimate)

Located in Virginia

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 $68,348 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Franklin County?
The poverty rate in Franklin County is 8.5% (U.S. Census Bureau ACS 2023).
What is the median home value in Franklin County?
$222,800 (U.S. Census Bureau ACS 2023).
What is the average rent in Franklin County?
The median gross rent in Franklin County is $797 per month (U.S. Census Bureau ACS 2023).
What percentage of Franklin County residents have a college degree?
24.3% of adults in Franklin County hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
54,958
Median Income
$68,348
Median Home Value
$222,800
Poverty Rate
8.5%
Unemployment (ACS 2023)
2.6%
Median Age
48.0 yrs
Since 2019 Median Income: +$12,094 (+21.5%) Home Value: +$44,700 (+25.1%) Poverty Rate: -2.3 pp (-21.3%) Bachelor's+: +2.4 pp (+11%) Unemployment: -2.1 pp (-44.7%)

Demographics

Total Population 54,958
Median Age 48.0
Female 50.5%
Race & Ethnicity
Hispanic or Latino 3.6% White (non-Hisp.) 85.9% Black 7.8% Asian 0.7% Two or More 3.6% Other 1.0%
Asian Subgroups (% of total pop.)
Chinese
0.4%
Indian
0.1%
Filipino
0.1%
Korean
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
2.0%
Puerto Rican
0.6%
Cuban
0.1%

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

Income & Poverty

Median Household Income $68,348 ±$3,730
-$22,626 vs. state
Per Capita Income $92,015
Median Family Income $84,085
Poverty Rate 8.5%
+1.7 pp vs. state
Child Poverty Rate 18.4%
Working-Age Poverty Rate
SNAP Recipients 11.6%
Social Security Income
Retirement Income 31.1%
Household Income Distribution
< $10k
4.6%
$10–15k
3.5%
$15–25k
9.7%
$25–35k
7.7%
$35–50k
10.1%
$50–75k
18.8%
$75–100k
13.2%
$100–150k
17.7%
$150–200k
6.6%
$200k+
8.0%

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

Housing

Total Housing Units 28,344
Owner-Occupied 79.7%
Renter-Occupied 20.3%
Vacancy Rate 20.7%
Median Home Value $222,800
-$137,900 vs. state
Median Gross Rent $797
Owner Cost Burden (30%+) 20.3%
Renter Cost Burden (30%+) 28.1%
Home Value Distribution
< $50k
10.2%
$50–100k
5.9%
$100–200k
12.6%
$200–300k
21.8%
$300–500k
18.8%
$500k–$1M
11.4%
$1M+
3.7%
Gross Rent Distribution
< $500
8.4%
$500–1k
64.9%
$1–1.5k
19.2%
$1.5–2k
5.7%
$2–2.5k
1.7%
Vehicle Availability
No vehicle
4.8%
1 vehicle
23.5%
2 vehicles
36.5%
3+
35.2%
Housing Type
Single-fam. det.
73.7%
Single-fam. att.
2.1%
2–4 units
1.2%
5–19 units
1.7%
20+ units
0.9%
Mobile home
17.0%
Housing Age
Pre-1940
5.5%
1940–1969
2.2%
1970–1999
14.6%
2000–2009
18.7%
2010+
6.5%

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

Education

High School or Higher 90.6%
Bachelor's or Higher 24.3%
-17.2 pp vs. state
Graduate Degree 8.8%
Some College / Associate 22.9%
Less Than High School 3.5%
Enrolled in School

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

Employment

Labor Force Participation 54.7%
Unemployment Rate 2.6%
-1.7 pp vs. state
Work from Home 10.7%
Self-Employed 4.5%
Government Workers 14.1%
Private For-Profit 81.3%
Industry
Edu/Health
23.3%
Manufacturing
14.6%
Retail
11.6%
Prof. Services
9.5%
Arts/Entmt.
9.1%
Construction
8.5%
Finance
6.1%
Transportation
4.9%
Public Admin
3.1%
Wholesale
2.3%
Agriculture
1.8%
Information
1.0%
Occupation
Management
35.9%
Sales
20.4%
Food Prep
17.7%
Production
15.5%
Construction
10.6%

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

Commute

Median Travel Time 31.0 min
Drove Alone 78.9%
Carpool 7.6%
Public Transit 0.1%
Work from Home 10.7%
Walked 1.7%
Bicycle

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

Households & Families

Total Households 22,484
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 53.5%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 15.1%
Multigenerational

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

Age Distribution

Under 5
4.9%
5–9
4.5%
10–14
5.9%
15–19
6.0%
20–24
5.9%
25–34
9.6%
35–44
9.6%
45–54
12.9%
55–64
9.0%
65–74
7.5%
75–84
14.7%
85+
7.1%
Under 18: 18.9% Working age (18–64): 81.1% 65 and over: 24.2%

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

Social Characteristics

Immigration

Foreign Born 2.3%
Naturalized Citizen 49.0%
Speaks English Less Than Very Well 1.3%
Foreign-Born Origin
Latin America
48.6%
Europe
22.4%
Asia
16.9%
Africa
8.4%

Veterans & Disability

Veteran 7.9%
With a Disability 15.2%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 93.4%
Uninsured 6.6%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 80.9%
Has a Computer 88.2%
Same House 1 Year Ago 90.7%
Moved from Abroad 0.1%

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.)
Other flows - South 305 546
Roanoke city 144 277
Roanoke County 132 243
Bedford County 116 231
Other flows - Northeast 92 160
Other flows - West 75 143
Henry County 75 129
Other flows - Midwest 36 54
Botetourt County 33 57
Pittsylvania County 31 40