All Countries
Franklin, IL
Full City Profile · Illinois · Morgan County County
3.6
/5.0
B+
Good
554
Population
667/sq mi density
$66,250
Median Income
$46,316 per capita
$103,300
Home Value
$140,164 Zillow
$915
Median Rent
19.3% income on rent
53°F
Avg Temperature
302 sunny days/yr
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$66,250 median income, 1.4% unemployment
A+
Affordability
5.0 / 5.0
$103,300 home value, $915/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.9 / 5.0
23.4% bachelor's degree or higher
Income Overview
Median Household Income
$66,250
12% below
US avg: $75,149
Per Capita Income
$46,316
19% above
US avg: $39,052
Unemployment Rate
1.4%
61% below
US avg: 3.6%
Poverty Rate
9.2%
26% 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
$66,250
88%
Per Capita
US: $39,052
$46,316
119%
IRS Avg AGI
US: $72,000
$67,102
93%
Avg Weekly Wage
US: $1,432
$1,023
71%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,023
29% below US avg ($1,432)
Mean Commute Time
27 min
3% below US avg (28 min)
Work From Home
12.4%
18% below US avg (15.2%)
Drive Alone
83.5%
14% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,062M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
83.5%
Public Transit
0%
Work From Home
12.4%
Other
4.1%
Average commute time
27 minutes
US avg: 28 min
Business Landscape
Total Establishments
714
Restaurants
90
Healthcare
97
Retail
127
Manufacturing
35
Tax & Financial
IRS Avg Adjusted Gross Income
$67,102
7% below US avg ($72,000)
Avg Property Tax
$5,007
43% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $66,250 |
| Per Capita Income | $46,316 |
| IRS Avg Adjusted Gross Income | $67,102 |
| Avg Weekly Wage | $1,023 |
| County GDP | $2,062M |
Hardship Indicators
| Unemployment Rate | 1.4% |
| Poverty Rate | 9.2% |
| Gini Coefficient | 0.445 |
| Cost of Living Index | 100.0 |
Commute
| Mean Commute | 27 minutes |
| Drive Alone | 83.5% |
| Public Transit | 0.0% |
| Work From Home | 12.4% |
Businesses
| Total Establishments | 714 |
| Restaurants | 90 |
| Healthcare | 97 |
| Retail | 127 |
| Manufacturing | 35 |
Tax
| IRS Avg AGI | $67,102 |
| Avg Property Tax | $5,007 |