Franklin, NE
Full City Profile · Nebraska · Franklin County County
Franklin, NE
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 $51,121 , which is 32% below the national average of $75,149. Per capita income is $34,156. The unemployment rate stands at 2.8% (22% below the U.S. rate of 3.6%). 9.9% of residents live below the poverty line. The area is home to 131 business establishments, including 5 restaurants.
Housing & Cost of Living
The median home value in Franklin is $93,800 , 67% below the national median of $281,900. Zillow estimates the typical home at $137,302. Median rent is $492/month, with 24.8% 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 1955.
Education
14.9% of adults in Franklin hold a bachelor's degree or higher (56% below the national average). 93.3% have completed high school. Local schools score 6.5/10 in standardized testing.
Climate & Weather
Franklin has an average annual temperature of 51°F (11°C). Winters average 26°F in January while summers reach 77°F in July. Annual precipitation totals 26.5 inches.