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Franklin, VA
Full City Profile · Virginia · Franklin city County
Franklin, VA
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 $65,125 , which is 13% below the national average of $75,149. Per capita income is $31,838. The unemployment rate stands at 2.8% (22% below the U.S. rate of 3.6%). 10.3% of residents live below the poverty line. The area is home to 320 business establishments, including 28 restaurants.
Housing & Cost of Living
The median home value in Franklin is $227,200 , 19% below the national median of $281,900. Zillow estimates the typical home at $240,233. Median rent is $995/month, with 26.4% of renters spending more than 30% of income on housing. The cost of living index is 101.1 (100 = national average). The median home was built in 1966.
Safety & Crime
Franklin reports 203 violent crimes per 100,000 residents , which is 47% below the national average of 380/100K. Property crime is 3,697/100K. The murder rate is 25.3/100K.
Education
26.4% of adults in Franklin hold a bachelor's degree or higher (22% below the national average). 84.7% have completed high school. Local schools score 4.6/10 in standardized testing.
Climate & Weather
Franklin has an average annual temperature of 59°F (15°C). Winters average 40°F in January while summers reach 79°F in July. The area gets 305 sunny days per year. Annual precipitation totals 47.9 inches. Air quality is rated Good with a median AQI of 35.