Franklin, MN
Full City Profile · Minnesota · Renville County County
3.6
/5.0
B+
Good
513
Population
508/sq mi density
$54,904
Median Income
$29,850 per capita
$84,800
Home Value
$167,820 Zillow
$883
Median Rent
39.1% income on rent
45°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, 1.9% 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
Population Overview
Total Population
513
Census 2023
Population Density
508
per square mile
Land Area
1.1
square miles (2.8 km²)
Median Age
38.0 yrs
2% below US avg (38.9 yrs)
Gender Distribution
53.4%
Male
46.6%
Female
Race & Ethnicity
| White | 80.7% US: 61.6% |
| Black | 1.6% US: 12.4% |
| Hispanic | 6.2% US: 18.7% |
| Asian | 5.7% US: 5.9% |
| Other | 5.8% |
City vs. U.S. Average
White
80.7%
Black
1.6%
Hispanic
6.2%
Asian
5.7%
Thin line = U.S. average
Language Spoken at Home
| English Only | 90.9% US: 78.5% |
| Spanish | 8.5% US: 13.4% |
| Other Languages | 0.6% |
City vs. U.S. Average
English Only
90.9%
Spanish
8.5%
Thin line = U.S. average
Social Characteristics
Foreign Born
6.4%
Veterans
9.1%
52% above US avg (6%)
Disability
10.0%
23% below US avg (13%)
Health Insurance Coverage
89.8%
2% below US avg (91.4%)
Uninsured
10.2%
19% above US avg (8.6%)
Income Inequality (Gini)
0.412
US avg: 0.490 (0 = perfect equality, 1 = max inequality)
Complete Demographics Data
Population
| Total Population | 513 |
| Population Year | 2023 |
| Population Density | 508 / sq mi |
| Land Area | 1.1 sq mi |
| Median Age | 38.0 years |
Gender
| Male | 53.4% |
| Female | 46.6% |
Race & Ethnicity
| White | 80.7% |
| Black or African American | 1.6% |
| Hispanic or Latino | 6.2% |
| Asian | 5.7% |
Language
| English Only | 90.9% |
| Spanish | 8.5% |
Social Indicators
| Foreign Born | 6.4% |
| Veterans | 9.1% |
| Disability | 10.0% |
| Health Insurance | 89.8% |
| Uninsured | 10.2% |
| Broadband Access | 89.4% |
| Gini Coefficient | 0.412 |
Classification
| USDA Rural-Urban Code | 9, Nonmetro / Rural |