At a Glance
Median Income
$47,500
$29,652 per capita
Home Value
$116,500
Zillow: $136,155
Bachelor's Degree+
16.1%
97.8% high school+
Unemployment
0.0%
5.7% poverty rate
Obesity Rate
36.2%
16.3% smoking rate
How Franklin Compares to the U.S. Average
Each bar shows Franklin's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Franklin a Good Place to Live?
B+
3.7 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Franklin residents earn a median household income of $47,500 , which is 37% below the national average of $75,149.
Per capita income is $29,652. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 5.7% of residents live below the poverty line. The area is home to 1,061 business establishments, including 83 restaurants.
Housing & Cost of Living
The median home value in Franklin is $116,500 , 59% below the national median of $281,900.
Zillow estimates the typical home at $136,155. The cost of living index is 87.8 (100 = national average). The median home was built in 1957.
Education
16.1% of adults in Franklin hold a bachelor's degree or higher
(52% below the national average).
97.8% have completed high school. Local schools score 5.4/10 in standardized testing.
Climate & Weather
Franklin has an average annual temperature of 52°F (11°C).
Winters average 24°F in January while summers reach 76°F in July. Annual precipitation totals 39.2 inches.
Data Overview
People
Population135
Median Age45.4 yrs
Density844/mi²
Male / Female56% / 44%
Foreign Born0.0%
Veterans6.9%
Economy
B+
Median Income$47,500
Per Capita$29,652
Unemployment0.0%
Poverty5.7%
County GDP$2,264M
Avg Weekly Wage$1,103
Housing
A+
Home Value$116,500
Rent
Ownership91.9%
Zillow$136,155
Housing Units60
Rent Burden27.8%
Health
Obesity36.2%
Diabetes9.2%
Smoking16.3%
Heart Disease5.7%
Premature Death9,251/100K
Climate
Avg Temp52°F
Rain39.2 in/yr
Elevation695 ft
Education
C
Bachelor's+16.1%
High School+97.8%
Graduate+4.2%
School Score5.4/10
Community
2024 VoteR 63% / D 35%
Commute26 min
Broadband54.8%
Internet Speed90 Mbps
EV Stations3
Libraries5
Did You Know?
The median home in Franklin was built in 1957.
The nearest airport is Southeast Iowa Regional (22 miles).
The Gini coefficient (income inequality) is 0.448 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
5.2% of the population has a disability.
The county recorded 7 fatal vehicle crashes.
91 declared natural disasters on record.