Median Income
$64,375
14% lower than US avg
Home Value
$318,200
13% higher than US avg
Bachelor's+
18.2%
46% lower than US avg
Median Rent
$1,205
4% higher than US avg
Obesity Rate
36.9%
15% higher than US avg
Unemployment
5.9%
64% higher than US avg
Poverty Rate
5.7%
54% lower than US avg
How Franklin Compares to the U.S. Average (100% = U.S. avg)
People
Population880
Median Age25.5 yrs
Density677/mi²
Male / Female44% / 56%
Largest GroupWhite 86%
Veterans1.9%
Economy
B+
Median Income$64,375
Per Capita$25,389
Unemployment5.9%
Poverty5.7%
County GDP$635M
Commute18 min
Housing
B+
Home Value$318,200
Rent$1,205
OwnershipN/A
Zillow$403,013
Housing Units312
Rent Burden30.3%
Health
Obesity36.9%
Uninsured11.6%
Smoking13.5%
Depression23.1%
Heart Disease5.5%
Climate
Avg Temp47°F (8°C)
AQI22 (Good)
Rain17.3 in/yr
Sunny Days302/yr
Elevation4,501 ft (1,372 m)
Education
C
Bachelor's+18.2%
High School+91.1%
Graduate+4.2%
School Score5.69
Community
2024 VoteR 87% / D 10%
Commute18 min
Broadband94.7%
Libraries1
Is Franklin a Good Place to Live?
Based on current data, Franklin receives an overall livability score of 3.3 out of 5.0, earning a grade of B. Key strengths include abundant sunshine, a low poverty rate, strong internet connectivity. Areas to be aware of include above-average unemployment. Franklin offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Franklin is $64,375, 14% below the national average of $75,149. The unemployment rate of 5.9% is somewhat elevated compared to the national rate of 3.6%. Only 5.7% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 18 minutes, shorter than most U.S. cities.
Cost of Living & Housing
The median home value in Franklin is $318,200, 13% above the national median. Renters pay a median of $1,205 per month. A price-to-income ratio of 4.9x indicates a reasonably affordable housing market.
Education
18.2% of residents hold a bachelor's degree, below the national average of 33.7%. 91.1% have completed high school. Area schools have an average test score of 5.7/10.
Climate & Weather
Franklin experiences four distinct seasons with an average temperature of 47°F. Winters average 24°F in January while summers reach 71°F in July. With 302 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 17.3 inches, including 52.4 inches of snow. Air quality is rated Good with a median AQI of 22.
Franklin has a population of 880 with a density of 677 people per square mile. The median age is 25.5 years, 34% younger than the national median of 38.9. The city is predominantly White (86.4%), with 3.4% Hispanic.
Population
25.5yrs
Median Age
34% below US avg
Language Spoken at Home
| English Only | 79.6% |
| 1% above US avg |
| Spanish | 20.4% |
| 52% above US avg |
The median household income in Franklin is $64,375, which is 14% below the national average of $75,149. The unemployment rate is 5.9% (above the 3.6% US average). 5.7% of residents live below the poverty line. Workers commute an average of 18 minutes.
Income
| Median HH Income | $64,375 |
| 14% below US avg |
| Per Capita Income | $25,389 |
| Avg Weekly Wage | $854 |
| IRS Avg AGI | $70,633 |
Employment & Poverty
| Unemployment | 5.9% |
| 64% above US avg |
| Poverty Rate | 5.7% |
| 54% below US avg |
| Establishments (County) | 561 |
| County GDP | $635M |
Business (County)
| Restaurants | 23 |
| Healthcare | 33 |
| Retail | 47 |
| Manufacturing | 21 |
Tax & Cost of Living
| Property Tax (IRS) | $2,686 |
| 23% below US avg |
| Effective Tax Rate | 0.84% |
Commute & Transportation
| Commute Time | 18.2 min |
| Drive Alone | 79.1% |
| Public Transit | 0.5% |
| Work from Home | 15.5% |
The median home value in Franklin is $318,200, 13% above the national average. Monthly rent averages $1,205 (4% above US avg). Zillow estimates the typical home value at $403,013.
Home Values
| Census Median | $318,200 |
| 13% above US avg |
| Zillow ZHVI | $403,013 |
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $1,205 |
| 4% above US avg |
| Rent Burden | 30.3% |
HUD Fair Market Rent
| Studio | $940 |
| 1 Bedroom | $946 |
| 2 Bedrooms | $1,241 |
| 3 Bedrooms | $1,726 |
| 4 Bedrooms | $2,082 |
Ownership & Property
| Owner-Occupied | 74.0% |
| Housing Units | 312 |
| Median Year Built | 1974 |
Property Tax
| Avg Tax (IRS) | $2,686 |
| 23% below US avg |
| Effective Rate | 0.84% |
In Franklin, 36.9% of adults are obese (above the 32.1% national rate). 11.6% of residents lack health insurance. 13.5% are current smokers. 23.1% report depression. 23.7% are physically inactive.
Health Metrics: Franklin vs U.S. Average (%)
Chronic Conditions
| Obesity | 36.9% |
| 15% above US avg |
| Diabetes | 9.2% |
| Heart Disease | 5.5% |
| High Blood Pressure | 29.3% |
| Asthma | 10.7% |
| COPD | 6.2% |
| Cancer | 6.8% |
| Stroke | 3.0% |
Behaviors & Mental Health
| Smoking | 13.5% |
| 4% below US avg |
| Binge Drinking | 15.2% |
| Physical Inactivity | 23.7% |
| Depression | 23.1% |
| Mental Distress | 17.5% |
| Physical Distress | 13.6% |
| Short Sleep | 35.1% |
Healthcare Access
| Insurance Rate | 84.2% |
| Uninsured | 11.6% |
| 35% above US avg |
| Checkup Rate | 70.5% |
| Dental Visits | 59.6% |
| Premature Death | 6,104/100K |
Food & Exercise
| Food Environment | 9.0/10 |
| Exercise Access | 62.0% |
| Healthcare Facilities | 33 |
Franklin has an average annual temperature of 47°F (8°C). Winters average 24°F in January while summers reach 71°F in July. Annual precipitation is 17.3 inches. The area enjoys 302 sunny days per year. Air quality is rated Good with a median AQI of 22.
Temperature
24°F Jan (-5°C)
71°F Jul (22°C)
| Annual Average | 47.0°F |
| 13% below US avg |
| January Average | 24°F (-5°C) |
| July Average | 71°F (22°C) |
| Sunny Days | 302 days/yr |
Precipitation & Snow
| Annual Rainfall | 17.3 inches |
| 54% below US avg |
| Snowfall | 52.4 inches/yr |
Air Quality
| AQI Median | 22.0 |
| Rating | Good |
| Good Days % | 84.9% |
| Unhealthy Days | 0 |
Geography
| Elevation | 4,501 ft (1,372 m) |
| Area | 1.3 sq mi (3.4 km²) |
| Population Density | 677/sq mi |
| Coordinates | 42.0095°N, 111.8022°W |
| Timezone | America/Boise |
| County FIPS | 16041 |