Franklin
Franklin has notably lower household income than the US average, with a median household income of $26,193. Population has held roughly steady since 2023. 4% of adults hold a bachelor's degree or higher, below the national rate of 36%. With a median age of 55.8, the population is older than the US median of 38.9. The poverty rate of 50.3% is well above the national figure. It falls in the bottom 10% of US cities for household income.
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How many people live in Franklin, Maryland?
Franklin, Maryland has about 373 residents according to the 2024 American Community Survey.
What is the median household income in Franklin, Maryland?
The typical household in Franklin, Maryland earns about $26,193 a year. Half of households make more than that, and half make less.
Is Franklin, Maryland expensive?
In Franklin, Maryland, the median home is worth about $65,500, and the typical rent is about $507 a month.
How educated are people in Franklin, Maryland?
About 4.4% of adults age 25 and over in Franklin, Maryland hold a bachelor's degree or higher.
What is the poverty rate in Franklin, Maryland?
About 50.3% of people in Franklin, Maryland live below the federal poverty line.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024