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Franklin, TX

Full City Profile · Texas · Robertson County County

3.0 /5.0
B Good
1,498 Population 1,280/sq mi density
$54,688 Median Income $24,729 per capita
$171,000 Home Value $360,925 Zillow
$795 Median Rent 20.2% income on rent
68°F Avg Temperature 301 sunny days/yr
1,711 Violent Crime/100K 2,454 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$54,688 median income, 3.8% unemployment
A+
Affordability
4.9 / 5.0
$171,000 home value, $795/mo rent
F
Safety
1.0 / 5.0
1,711 violent crimes/100K (350% above avg)
C+
Education
2.6 / 5.0
20.1% bachelor's degree or higher

Income Overview

Median Household Income
$54,688
27% below
US avg: $75,149
Per Capita Income
$24,729
37% below
US avg: $39,052
Unemployment Rate
3.8%
6% above
US avg: 3.6%
Poverty Rate
16.0%
29% 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
$54,688
73%
Per Capita
US: $39,052
$24,729
63%
IRS Avg AGI
US: $72,000
$65,562
91%
Avg Weekly Wage
US: $1,432
$1,475
103%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,475
3% above US avg ($1,432)
Mean Commute Time
23 min
18% below US avg (28 min)
Work From Home
3.8%
75% below US avg (15.2%)
Drive Alone
77.1%
5% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$3,271M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 77.1%
Public Transit 0%
Work From Home 3.8%
Other 19.1%
Average commute time
23 minutes
US avg: 28 min

Business Landscape

Total Establishments
393
Restaurants
36
Healthcare
18
Retail
55
Manufacturing
5

Tax & Financial

IRS Avg Adjusted Gross Income
$65,562
9% below US avg ($72,000)
Avg Property Tax
$5,232
49% above US avg ($3,500)
Cost of Living Index
97.1
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$54,688
Per Capita Income$24,729
IRS Avg Adjusted Gross Income$65,562
Avg Weekly Wage$1,475
County GDP$3,271M

Hardship Indicators

Unemployment Rate3.8%
Poverty Rate16.0%
Gini Coefficient0.462
Cost of Living Index97.1

Commute

Mean Commute23 minutes
Drive Alone77.1%
Public Transit0.0%
Work From Home3.8%

Businesses

Total Establishments393
Restaurants36
Healthcare18
Retail55
Manufacturing5

Tax

IRS Avg AGI$65,562
Avg Property Tax$5,232