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Franklin, MD
Full City Profile · Maryland · Garrett County County
2.9
/5.0
C+
Fair
356
Population
1,271/sq mi density
$14,738
Median Income
$9,718 per capita
$245
Median Rent
19.5% income on rent
53°F
Avg Temperature
293 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.2 / 5.0
$14,738 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
F
Education
1.4 / 5.0
5.0% bachelor's degree or higher
Income Overview
Median Household Income
$14,738
80% below
US avg: $75,149
Per Capita Income
$9,718
75% below
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
79.1%
538% above
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
$14,738
20%
Per Capita
US: $39,052
$9,718
25%
IRS Avg AGI
US: $72,000
$67,304
93%
Avg Weekly Wage
US: $1,432
$933
65%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$933
35% below US avg ($1,432)
Work From Home
45.3%
198% above US avg (15.2%)
Drive Alone
54.7%
25% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,790M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
54.7%
Public Transit
0%
Work From Home
45.3%
Business Landscape
Total Establishments
1,168
Restaurants
85
Healthcare
81
Retail
138
Manufacturing
44
Tax & Financial
IRS Avg Adjusted Gross Income
$67,304
7% below US avg ($72,000)
Avg Property Tax
$4,909
40% above US avg ($3,500)
Cost of Living Index
105.0
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $14,738 |
| Per Capita Income | $9,718 |
| IRS Avg Adjusted Gross Income | $67,304 |
| Avg Weekly Wage | $933 |
| County GDP | $1,790M |
Hardship Indicators
| Unemployment Rate | 0.0% |
| Poverty Rate | 79.1% |
| Gini Coefficient | 0.490 |
| Cost of Living Index | 105.0 |
Commute
| Drive Alone | 54.7% |
| Public Transit | 0.0% |
| Work From Home | 45.3% |
Businesses
| Total Establishments | 1,168 |
| Restaurants | 85 |
| Healthcare | 81 |
| Retail | 138 |
| Manufacturing | 44 |
Tax
| IRS Avg AGI | $67,304 |
| Avg Property Tax | $4,909 |