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Franklin, AR
Full City Profile · Arkansas · Izard County County
2.7
/5.0
C+
Fair
242
Population
114/sq mi density
$54,500
Median Income
$34,551 per capita
$78,800
Home Value
$160,064 Zillow
57°F
Avg Temperature
299 sunny days/yr
93
Violent Crime/100K
2,239 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$54,500 median income, 4.0% unemployment
A+
Affordability
5.0 / 5.0
$78,800 home value, /mo rent
F
Safety
1.0 / 5.0
93 violent crimes/100K
D
Education
1.9 / 5.0
11.8% bachelor's degree or higher
Income Overview
Median Household Income
$54,500
27% below
US avg: $75,149
Per Capita Income
$34,551
12% below
US avg: $39,052
Unemployment Rate
4.0%
11% above
US avg: 3.6%
Poverty Rate
22.8%
84% above
US avg: 12.4%
Income Comparison: Franklin vs. U.S. Average
Each bar shows Franklin’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$54,500
73%
Per Capita
US: $39,052
$34,551
88%
IRS Avg AGI
US: $72,000
$49,927
69%
Avg Weekly Wage
US: $1,432
$800
56%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$800
44% below US avg ($1,432)
Mean Commute Time
21 min
25% below US avg (28 min)
Work From Home
16.3%
7% above US avg (15.2%)
Drive Alone
68.6%
6% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$390M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
68.6%
Public Transit
0%
Work From Home
16.3%
Other
15.1%
Average commute time
21 minutes
US avg: 28 min
Business Landscape
Total Establishments
256
Restaurants
17
Healthcare
31
Retail
45
Manufacturing
5
Tax & Financial
IRS Avg Adjusted Gross Income
$49,927
31% below US avg ($72,000)
Avg Property Tax
$2,567
27% below US avg ($3,500)
Cost of Living Index
86.9
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $54,500 |
| Per Capita Income | $34,551 |
| IRS Avg Adjusted Gross Income | $49,927 |
| Avg Weekly Wage | $800 |
| County GDP | $390M |
Hardship Indicators
| Unemployment Rate | 4.0% |
| Poverty Rate | 22.8% |
| Gini Coefficient | 0.491 |
| Cost of Living Index | 86.9 |
Commute
| Mean Commute | 21 minutes |
| Drive Alone | 68.6% |
| Public Transit | 0.0% |
| Work From Home | 16.3% |
Businesses
| Total Establishments | 256 |
| Restaurants | 17 |
| Healthcare | 31 |
| Retail | 45 |
| Manufacturing | 5 |
Tax
| IRS Avg AGI | $49,927 |
| Avg Property Tax | $2,567 |