At a Glance
Median Income
$51,528
$18,904 per capita
Home Value
$116,500
Zillow: $143,817
Median Rent
$983/mo
14.2% of income on rent
Bachelor's Degree+
22.8%
71.4% high school+
Unemployment
0.0%
21.5% poverty rate
Obesity Rate
38.0%
18.8% 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 $51,528 , which is 31% below the national average of $75,149.
Per capita income is $18,904. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 21.5% of residents live below the poverty line. The area is home to 1,084 business establishments, including 101 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 $143,817. Median rent is $983/month, with 14.2% of renters spending more than 30% of income on housing. The cost of living index is 90.1 (100 = national average). The median home was built in 1995.
Education
22.8% of adults in Franklin hold a bachelor's degree or higher
(32% below the national average).
71.4% have completed high school. Local schools score 5.6/10 in standardized testing.
Climate & Weather
Franklin has an average annual temperature of 57°F (14°C).
Winters average 34°F in January while summers reach 78°F in July. Annual precipitation totals 45.8 inches.
Data Overview
People
Population763
Median Age28.4 yrs
Density446/mi²
Male / Female47% / 54%
Foreign Born0.0%
Veterans7.6%
Economy
B
Median Income$51,528
Per Capita$18,904
Unemployment0.0%
Poverty21.5%
County GDP$2,158M
Avg Weekly Wage$869
Housing
A+
Home Value$116,500
Rent$983
Ownership77.9%
Zillow$143,817
Housing Units223
Rent Burden14.2%
Health
Obesity38.0%
Diabetes10.2%
Smoking18.8%
Heart Disease6.2%
Premature Death11,703/100K
Climate
Avg Temp57°F
Rain45.8 in/yr
Elevation973 ft
Education
C+
Bachelor's+22.8%
High School+71.4%
Graduate+6.8%
School Score5.6/10
Community
2024 VoteR 62% / D 36%
Commute15 min
Broadband87.1%
Internet Speed130 Mbps
EV Stations1
Libraries7
Did You Know?
The median home in Franklin was built in 1995.
The nearest airport is Joplin Regional (25 miles).
The Gini coefficient (income inequality) is 0.466 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
13.1% of the population has a disability.
Average internet download speed is 130 Mbps.
There are 101 restaurants in the area.
The county recorded 5 fatal vehicle crashes.