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CITY

Franklin

Illinois · 587 residents (2025 est.) · 0.829 sq mi
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The short version

Franklin has roughly average household income, with a median household income of $75,714. Population has held roughly steady since 2000. 21% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than doubled since 2000, reaching $116,400. Poverty is rare here, at 6.2% of residents.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 36.4
US median: 38.9
Less educated
21% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
650
+11%since 2000
from 586 in 2000
1990 – 2025
Population density
784 / sq mi
+11%since 2000
from 707 / sq mi in 2000
US average: 281
Median age
36.4
+3%since 2000
from 35.5 in 2000
US average: 38.9

PEP 2025 EST:587 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
4455095736377011990201020202024Franklin
2024650
1990201020202024
Section 02

Income & economy

Median household income
$75,714
+6%inflation adjusted, since 2000
from $39,375 in 2000
US average: $82,259
1990 – 2024
Per capita income
$47,836
+193%since 2000
from $16,327 in 2000
US average: $44,673
Households earning $100K+
52.6%
+19.9 ptssince 2009
from 32.6% in 2009
US average: 53.3%
Poverty rate
6.2%
−2.5 ptssince 2000
from 8.6% in 2000
US average: 12.5%
Income inequality (Gini)
0.502
+34%since 2010
from 0.374 in 2010
US average: 0.476
Workforce by industry, 2024
Information14.6%
US avg: 10.8%
Retail trade11%
US avg: 9.9%
Other services10.4%
US avg: 6.7%
Public administration10.4%
US avg: 4.8%
Finance & insurance6.5%
US avg: 5.9%
Professional, scientific, technical6.5%
US avg: 5.1%
Transportation & warehousing3.2%
US avg: 2.2%
Wholesale trade2.3%
US avg: 6.9%
Agriculture, forestry, fishing0.6%
US avg: 1.6%
Construction0.6%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$116,400
+7%inflation adjusted, since 2000
from $59,700 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$940
+7%inflation adjusted, since 2000
from $482 in 2000
US average: $1,442
Owner-occupied
65.8%
−12.5 ptssince 2000
from 78.3% in 2000
34.2% rent
Vacancy rate
10.3%
−13.0 ptssince 2009
from 23.4% in 2009
US average: 10.0%
Owner cost-burdened
9.7%
+4.6 ptssince 2009
from 5.1% in 2009
US average: 22.9%
Renter cost-burdened
28.7%
+6.7 ptssince 2009
from 22.1% in 2009
US average: 47.4%
Afford Score
1.5
+1%since 2000
from 1.5 in 2000
1990 – 2024
Gentrification Score
39
RELATED:See current rent listings in Franklin on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98.1%(575)
Black0%(0)
Hispanic / Latino0.9%(5)
Asian0%(0)
Other0%
Diversity Score2.1%(13)
2024
White, non-Hispanic97.7%(635)
Black0%(0)
Hispanic / Latino1.4%(9)
Asian0%(0)
Other0.9%(6)
Diversity Score5.7%(37)
Diversity Score
6
+165%since 2000
from 2 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
20.9%
+6.5 ptssince 2000
from 14.4% in 2000
US average: 35.6%
High school or higher
94.1%
+5.1 ptssince 2000
from 89.0% in 2000
US average: 89.6%
Graduate degree
8.4%
+3.4 ptssince 2000
from 5.0% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
23.6 min
+47%since 2000
from 16.1 min in 2000
US average: 26.5
Drive alone to work
81.7%
+10.5 ptssince 2009
from 71.2% in 2009
US average: 68.9%
Carpooled to work
2.0%
−13.0 ptssince 2009
from 14.9% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
12.4%
+8.9 ptssince 2009
from 3.6% in 2009
US average: 15.0%
Walked to work
3.9%
−2.1 ptssince 2009
from 6.0% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
3.0%
+0.4 ptssince 2009
from 2.6% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
6.4%
−3.2 ptssince 2011
from 9.5% in 2011
US average: 5.2%
Labor force participation
65.3%
−4.9 ptssince 2011
from 70.2% in 2011
US average: 63.5%
Self-employed
7.5%
−2.7 ptssince 2009
from 10.2% in 2009
US average: 13.1%
Management & professional
23.1%
−33.9 ptssince 2009
from 56.9% in 2009
US average: 42.5%
Section 08

People & community

Male
54.8%
+4.7 ptssince 2009
from 50.1% in 2009
Female
45.2%
−4.7 ptssince 2009
from 49.9% in 2009
Foreign born
1.2%
+0.7 ptssince 2009
from 0.5% in 2009
US average: 14.1%
Veterans
8.5%
−38.5 ptssince 2009
from 47.0% in 2009
US average: 6.2%
With a disability
18.3%
+5.2 ptssince 2012
from 13.1% in 2012
US average: 13.3%
Uninsured
2.3%
−86.7 ptssince 2013
from 89.0% in 2013
US average: 8.4%
Broadband at home
90.2%
+18.3 ptssince 2017
from 71.9% in 2017
US average: 91.0%
English only at home
97.8%
−1.4 ptssince 2016
from 99.3% in 2016
US average: 77.7%
Spanish at home
0.8%
+0.1 ptssince 2016
from 0.7% in 2016
US average: 13.6%
Drill deeper

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Head to head

Compare Franklin to nearby cities

FRANKLIN VS
Jacksonville
Income$65,432−14%
Home value$128,200+10%
Population17,752+2924%
SEE FULL COMPARISON →
FRANKLIN VS
Chatham
Income$106,773+41%
Home value$243,200+109%
Population14,579+2384%
SEE FULL COMPARISON →
FRANKLIN VS
Springfield
Income$66,064−13%
Home value$162,100+39%
Population112,989+19149%
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FRANKLIN VS
Jerseyville
Income$73,529−3%
Home value$143,900+24%
Population8,409+1333%
SEE FULL COMPARISON →
Frequently asked

How many people live in Franklin, Illinois?

Franklin, Illinois has about 650 residents according to the 2024 American Community Survey.

What is the median household income in Franklin, Illinois?

The typical household in Franklin, Illinois earns about $75,714 a year. Half of households make more than that, and half make less.

Is Franklin, Illinois expensive?

In Franklin, Illinois, the median home is worth about $116,400, and the typical rent is about $940 a month.

How educated are people in Franklin, Illinois?

About 20.9% of adults age 25 and over in Franklin, Illinois hold a bachelor's degree or higher.

What is the poverty rate in Franklin, Illinois?

About 6.2% of people in Franklin, Illinois live below the federal poverty line.

Has Franklin, Illinois grown since 1990?

Yes, Franklin, Illinois has grown since 1990. The population has added about 6 residents, a change of about 1 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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