Franklin, MN

Minnesota

Franklin is a small town in Minnesota with a population of 513. Residents earn $54,904 per year, which is 27% below the national average.

3.6 /5.0
B+ Good
513 Population 508/sq mi density
$54,904 Median Income $29,850 per capita
$84,800 Home Value $165,267 Zillow
$883 Median Rent 39.1% income on rent
43°F Avg Temperature
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$54,904 median income, 1.3% unemployment
A+
Affordability
5.0 / 5.0
$84,800 home value, $883/mo rent
C
Education
2.0 / 5.0
12.5% bachelor's degree or higher
Median Income $54,904
27% lower than US avg
Home Value $84,800
70% lower than US avg
Bachelor's+ 12.5%
63% lower than US avg
Median Rent $883
24% lower than US avg
Obesity Rate 39.4%
23% higher than US avg
Unemployment 1.3%
64% lower than US avg
Poverty Rate 12.2%
2% lower than US avg

How Franklin Compares to the U.S. Average (100% = U.S. avg)

People

Population513
Median Age38.0 yrs
Density508/mi²
Male / Female53% / 47%
Largest GroupWhite 81%
Veterans9.1%

Economy

B+
Median Income$54,904
Per Capita$29,850
Unemployment1.3%
Poverty12.2%
County GDP$1,190M
Commute23 min

Housing

A+
Home Value$84,800
Rent$883
OwnershipN/A
Zillow$165,267
Rent Burden39.1%

Crime

ViolentN/A
PropertyN/A

Health

Obesity39.4%
UninsuredN/A
Depression25.4%
Heart Disease6.2%

Climate

Avg Temp43°F
AQI36 (Good)
Rain27.9 in/yr
Elevation1,010 ft

Education

C
Bachelor's+12.5%
High School+91.4%
School Score6.08

Community

2024 VoteR 70% / D 28%
Commute23 min
Broadband89.5%
Libraries5

Is Franklin a Good Place to Live?

Based on current data, Franklin receives an overall livability score of 3.6 out of 5.0, earning a grade of B+. Key strengths include low unemployment, affordable housing. Areas to be aware of include below-average incomes, high obesity rates. 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 $54,904, 27% below the national average of $75,149. The job market is very strong with unemployment at just 1.3%. 12.2% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 23 minutes.

Cost of Living & Housing

The median home value in Franklin is $84,800, 70% below the national median — offering relatively affordable homeownership. Renters pay a median of $883 per month, below the national average — a plus for affordability. At just 1.5x median income, home prices are very affordable relative to local earnings.

Education

12.5% of residents hold a bachelor's degree, below the national average of 33.7%. 91.4% have completed high school. Local schools score 6.1/10 in standardized testing, reflecting strong academic performance.

Climate & Weather

Franklin has a cool climate with an average annual temperature of 43°F. Winters average 12°F in January while summers reach 71°F in July. Annual precipitation totals 27.9 inches, including 37.7 inches of snow. Air quality is rated Good with a median AQI of 36.

Franklin has a population of 513 with a density of 508 people per square mile. The median age is 38.0 years, 2% younger than the national median of 38.9. The city is predominantly White (80.7%), with 3.5% Hispanic, 1.6% Black.

Population

513
Total Population
508
People / sq mi
38.0yrs
Median Age
2% below US avg
1.0mi²
Land Area

Gender Distribution

Male 53.4%
Female 46.6%

Race & Ethnicity

Franklin vs U.S. Average

Language Spoken at Home

English Only91.5%
17% above US avg
Spanish8.5%
37% below US avg

Social Characteristics

Franklin vs U.S. Average

The median household income in Franklin is $54,904, which is 27% below the national average of $75,149. The unemployment rate is 1.3% (below the 3.6% US average). 12.2% of residents live below the poverty line. Workers commute an average of 23 minutes.

Income: Franklin vs U.S.

Commute Mode

Income

Median HH Income$54,904
27% below US avg
Per Capita Income$29,850
Avg Weekly Wage$1,062
IRS Avg AGI$75,740

Employment & Poverty

Unemployment1.3%
64% below US avg
Poverty Rate12.2%
2% below US avg
Establishments (County)594
County GDP$1,190M

Business (County)

Restaurants21
Healthcare44
Retail56
Manufacturing20

Tax & Cost of Living

Property Tax (IRS)$2,983
15% below US avg
Effective Tax Rate3.52%

Commute & Transportation

Commute Time22.9 min
Drive Alone88.4%
Public Transit0.0%
Work from Home4.7%

Walkability

The median home value in Franklin is $84,800, 70% below the national average. Monthly rent averages $883 (24% below US avg). Zillow estimates the typical home value at $165,267.

Home Value Sources

Ownership Split

Home Values

Census Median$84,800
70% below US avg
Zillow ZHVI$165,267

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$883
24% below US avg
Rent Burden39.1%

HUD Fair Market Rent

Studio$809
1 Bedroom$899
2 Bedrooms$1,125
3 Bedrooms$1,483
4 Bedrooms$1,698

Ownership & Property

Owner-Occupied83.9%

Property Tax

Avg Tax (IRS)$2,983
15% below US avg
Effective Rate3.52%
In Franklin, 39.4% of adults are obese (above the 32.1% national rate). 25.4% report depression. 28.1% are physically inactive.

Health Metrics: Franklin vs U.S. Average (%)

Chronic Conditions

Obesity39.4%
23% above US avg
Diabetes10.8%
Heart Disease6.2%
High Blood Pressure30.0%
Asthma10.6%
COPD6.6%
Stroke3.3%

Behaviors & Mental Health

Binge Drinking19.1%
Physical Inactivity28.1%
Depression25.4%
Mental Distress18.1%
Physical Distress13.5%

Healthcare Access

Insurance Rate83.5%
Checkup Rate71.3%
Premature Death7,904/100K

Food & Exercise

Food Environment8.3/10
Exercise Access54.9%
Healthcare Facilities44

Crime Rates: Franklin vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)4

Safety Score

Franklin has an average annual temperature of 43°F (6°C). Winters average 12°F in January while summers reach 71°F in July. Annual precipitation is 27.9 inches. Air quality is rated Good with a median AQI of 36.

Temperature

12°F Jan (-11°C) 71°F Jul (21°C)
Annual Average43.2°F
20% below US avg
January Average12°F (-11°C)
July Average71°F (21°C)

Precipitation & Snow

Annual Rainfall27.9 inches
27% below US avg
Snowfall37.7 inches/yr

Air Quality

AQI Median36.0
RatingGood

Geography

Elevation1,010 ft (308 m)
Area1.0 sq mi (2.6 km²)
Population Density508/sq mi
Coordinates44.5306°N, 94.8841°W
County FIPS27129
It is classified as Nonmetro — Rural. 12.5% of residents hold a bachelor's degree or higher (63% below US avg). In the 2024 election, the county voted Republican by a 41.4-point margin. 89.5% of households have broadband internet.

2024 Presidential Election (County)

R 69.8%
D 28.4%

Winner: Republican by 41.4 points

Education

Bachelor's Degree+12.5%
63% below US avg
High School+91.4%
School Test Score6.08
C Education Grade (2.0/5.0)

Urban-Rural Classification

RUCC Code 9Nonmetro — Rural
Population Density508/sq mi
Total Area1.0 sq mi

Infrastructure & Services

Broadband Access89.5%
Public Libraries5
Healthcare Facilities44
Restaurants21
Retail Stores56

Safety & Disasters

Fatal Crashes (County/yr)4

Commute & Transportation

Avg Commute22.9 min
Drive Alone88.4%
Public Transit0.0%
Work from Home4.7%

Nearby Cities

Compare Franklin with another city: