All Countries
Franklin, IA
Full City Profile · Iowa · Lee County County
3.0
/5.0
B
Good
135
Population
844/sq mi density
$47,500
Median Income
$29,652 per capita
$116,500
Home Value
$136,155 Zillow
52°F
Avg Temperature
275 sunny days/yr
516
Violent Crime/100K
1,947 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$47,500 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$116,500 home value, /mo rent
F
Safety
1.0 / 5.0
516 violent crimes/100K (36% above avg)
C
Education
2.3 / 5.0
16.1% bachelor's degree or higher
Income Overview
Median Household Income
$47,500
37% below
US avg: $75,149
Per Capita Income
$29,652
24% below
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
5.7%
54% below
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
$47,500
63%
Per Capita
US: $39,052
$29,652
76%
IRS Avg AGI
US: $72,000
$68,118
95%
Avg Weekly Wage
US: $1,432
$1,103
77%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,103
23% below US avg ($1,432)
Mean Commute Time
26 min
6% below US avg (28 min)
Work From Home
9.3%
39% below US avg (15.2%)
Drive Alone
85.2%
16% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,264M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
85.2%
Public Transit
0%
Work From Home
9.3%
Other
5.5%
Average commute time
26 minutes
US avg: 28 min
Business Landscape
Total Establishments
1,061
Restaurants
83
Healthcare
88
Retail
108
Manufacturing
50
Tax & Financial
IRS Avg Adjusted Gross Income
$68,118
5% below US avg ($72,000)
Avg Property Tax
$4,062
16% above US avg ($3,500)
Cost of Living Index
87.8
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $47,500 |
| Per Capita Income | $29,652 |
| IRS Avg Adjusted Gross Income | $68,118 |
| Avg Weekly Wage | $1,103 |
| County GDP | $2,264M |
Hardship Indicators
| Unemployment Rate | 0.0% |
| Poverty Rate | 5.7% |
| Gini Coefficient | 0.448 |
| Cost of Living Index | 87.8 |
Commute
| Mean Commute | 26 minutes |
| Drive Alone | 85.2% |
| Public Transit | 0.0% |
| Work From Home | 9.3% |
Businesses
| Total Establishments | 1,061 |
| Restaurants | 83 |
| Healthcare | 88 |
| Retail | 108 |
| Manufacturing | 50 |
Tax
| IRS Avg AGI | $68,118 |
| Avg Property Tax | $4,062 |