At a Glance
Median Income
$81,071
$35,360 per capita
Home Value
$213,500
Zillow: $221,901
Median Rent
$732/mo
22.5% of income on rent
Bachelor's Degree+
40.9%
85.8% high school+
Unemployment
0.0%
6.9% poverty rate
Obesity Rate
35.3%
18.6% smoking rate
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)
Thin vertical line = U.S. national average (100%)
Is Franklin a Good Place to Live?
A+
4.6 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Franklin residents earn a median household income of $81,071 , which is 8% above the national average of $75,149.
Per capita income is $35,360. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 6.9% of residents live below the poverty line. The area is home to 228 business establishments, including 16 restaurants.
Housing & Cost of Living
The median home value in Franklin is $213,500 , 24% below the national median of $281,900.
Zillow estimates the typical home at $221,901. Median rent is $732/month, with 22.5% of renters spending more than 30% of income on housing. The cost of living index is 89.5 (100 = national average). The median home was built in 1962.
Education
40.9% of adults in Franklin hold a bachelor's degree or higher
(21% above the national average).
85.8% have completed high school. Local schools score 5.3/10 in standardized testing.
Climate & Weather
Franklin has an average annual temperature of 53°F (11°C).
Winters average 33°F in January while summers reach 72°F in July. Annual precipitation totals 38.5 inches.
Data Overview
People
Population387
Median Age54.4 yrs
Density691/mi²
Male / Female43% / 57%
Foreign Born0.0%
Veterans11.4%
Economy
A+
Median Income$81,071
Per Capita$35,360
Unemployment0.0%
Poverty6.9%
County GDP$233M
Avg Weekly Wage$778
Housing
A+
Home Value$213,500
Rent$732
Ownership60.3%
Zillow$221,901
Housing Units233
Rent Burden22.5%
Health
Obesity35.3%
Diabetes11.5%
Smoking18.6%
Heart Disease5.9%
Premature Death10,533/100K
Climate
Avg Temp53°F
Rain38.5 in/yr
Elevation1,804 ft
Education
A
Bachelor's+40.9%
High School+85.8%
Graduate+15.2%
School Score5.3/10
Community
2024 VoteR 78% / D 20%
Commute21 min
Broadband91.8%
Internet Speed48 Mbps
EV Stations5
Libraries1
Did You Know?
Franklin was founded in 1794.
The median home in Franklin was built in 1962.
The nearest airport is Shenandoah Valley Regional (35 miles).
The Gini coefficient (income inequality) is 0.401 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
15.7% of the population has a disability.
The county recorded 2 fatal vehicle crashes.