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Franklin, MN
Full City Profile · Minnesota · Renville County County
Franklin, MN
At a Glance
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)
Is Franklin a Good Place to Live?
Economy & Jobs
Franklin residents earn a median household income of $54,904 , which is 27% below the national average of $75,149. Per capita income is $29,850. The unemployment rate stands at 1.3% (64% below the U.S. rate of 3.6%). 12.2% of residents live below the poverty line. The area is home to 594 business establishments, including 21 restaurants.
Housing & Cost of Living
The median home value in Franklin is $84,800 , 70% below the national median of $281,900. Zillow estimates the typical home at $165,267. Median rent is $883/month, with 39.1% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1963.
Safety & Crime
Franklin reports 215 violent crimes per 100,000 residents , which is 43% below the national average of 380/100K. Property crime is 2,898/100K.
Education
12.5% of adults in Franklin hold a bachelor's degree or higher (63% below the national average). 91.4% have completed high school. Local schools score 5.8/10 in standardized testing.
Climate & Weather
Franklin has an average annual temperature of 43°F (6°C). Winters average 12°F in January while summers reach 71°F in July. The area gets 276 sunny days per year. Annual precipitation totals 27.9 inches. Air quality is rated Good with a median AQI of 36.