Franklin, WI
Full City Profile · Wisconsin · Walworth County County
3.9
/5.0
B+
Good
35,751
Population
1,034/sq mi density
$108,342
Median Income
$51,764 per capita
$343,400
Home Value
$426,099 Zillow
$1,325
Median Rent
32.1% income on rent
47°F
Avg Temperature
260 sunny days/yr
70
Violent Crime/100K
1,606 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$108,342 median income, 2.2% unemployment
A+
Affordability
4.9 / 5.0
$343,400 home value, $1,325/mo rent
F
Safety
1.0 / 5.0
70 violent crimes/100K
A+
Education
4.6 / 5.0
45.4% bachelor's degree or higher
Income Overview
Median Household Income
$108,342
44% above
US avg: $75,149
Per Capita Income
$51,764
33% above
US avg: $39,052
Unemployment Rate
2.2%
39% below
US avg: 3.6%
Poverty Rate
4.9%
60% below
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
$108,342
144%
Per Capita
US: $39,052
$51,764
133%
IRS Avg AGI
US: $72,000
$89,712
125%
Avg Weekly Wage
US: $1,432
$980
68%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$980
32% below US avg ($1,432)
Mean Commute Time
25 min
11% below US avg (28 min)
Work From Home
15.6%
3% above US avg (15.2%)
Drive Alone
75.4%
3% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$6,423M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
75.4%
Public Transit
0%
Work From Home
15.6%
Other
9%
Average commute time
25 minutes
US avg: 28 min
Business Landscape
Total Establishments
3,401
Restaurants
337
Healthcare
234
Retail
366
Manufacturing
188
Tax & Financial
IRS Avg Adjusted Gross Income
$89,712
25% above US avg ($72,000)
Avg Property Tax
$8,487
142% above US avg ($3,500)
Cost of Living Index
94.1
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $108,342 |
| Per Capita Income | $51,764 |
| IRS Avg Adjusted Gross Income | $89,712 |
| Avg Weekly Wage | $980 |
| County GDP | $6,423M |
Hardship Indicators
| Unemployment Rate | 2.2% |
| Poverty Rate | 4.9% |
| Gini Coefficient | 0.439 |
| Cost of Living Index | 94.1 |
Commute
| Mean Commute | 25 minutes |
| Drive Alone | 75.4% |
| Public Transit | 0.0% |
| Work From Home | 15.6% |
Businesses
| Total Establishments | 3,401 |
| Restaurants | 337 |
| Healthcare | 234 |
| Retail | 366 |
| Manufacturing | 188 |
Tax
| IRS Avg AGI | $89,712 |
| Avg Property Tax | $8,487 |
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