CensusEasy
CITY · 2020 ACS

Franklin

North Carolina · 4,175 residents · 4.943 sq mi
Time machine
COMPARE TO
Compare
The short version

Franklin has notably lower household income than the US average, with a median household income of $39,754. Population has grown 20% since 2000. Median home value has more than doubled since 2000, reaching $156,400. Households here earn about 30% less than the North Carolina median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 40.9
US median: 38.8
Less educated
28% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
4,175
+20%since 2000
from 3,490 in 2000
1990 – 2025
Population density
845 / sq mi
+20%since 2000
from 706 / sq mi in 2000
US average: 280
Median age
40.9
−3%since 2000
from 42.3 in 2000
US average: 38.8
Population, 1990 – 2024
3K3K4K4K4K1990201020202024Franklin
20244K
1990201020202024
Section 02

Income & economy

Median household income
$39,754
+23%inflation adjusted, since 2000
from $21,534 in 2000
US average: $66,278
1990 – 2024
Per capita income
$24,223
+60%since 2000
from $15,129 in 2000
US average: $35,364
Households earning $100K+
21.4%
+10.6 ptssince 2009
from 10.8% in 2009
US average: 43.9%
Poverty rate
20.2%
−0.7 ptssince 2000
from 20.9% in 2000
US average: 12.8%
Workforce by industry, 2020
Information12.2%
US avg: 11.1%
Wholesale trade10.2%
US avg: 6.7%
Retail trade8.4%
US avg: 10%
Transportation & warehousing5.6%
US avg: 2.5%
Finance & insurance2.7%
US avg: 5.5%
Agriculture, forestry, fishing1.9%
US avg: 1.7%
Construction1.9%
US avg: 1.2%
Professional, scientific, technical1.8%
US avg: 4.7%
Education & health services0.8%
US avg: 0.8%
Other services0.5%
US avg: 6.6%
Public administration0.5%
US avg: 4.7%
Arts, entertainment, food0.4%
US avg: 2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$156,400
+21%inflation adjusted, since 2000
from $85,800 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$755
+7%inflation adjusted, since 2000
from $471 in 2000
US average: $1,124
Owner-occupied
52.4%
−5.5 ptssince 2000
from 57.9% in 2000
47.6% rent
Afford Score
3.9
−1%since 2000
from 4.0 in 2000
1990 – 2024
RELATED:See current rent listings in Franklin on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic93%(3,246)
Black2%(69)
Hispanic / Latino3%(105)
Asian0.6%(22)
Other0%
Diversity Score13.7%(477)
2020
White, non-Hispanic76.8%(3,206)
Black1.2%(50)
Hispanic / Latino16.3%(682)
Asian1.2%(50)
Other1.8%(75)
Diversity Score43.6%(1,818)
Diversity Score
44
+219%since 2000
from 14 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
27.7%
+11.8 ptssince 2000
from 15.9% in 2000
US average: 32.9%
High school or higher
77.5%
−4.0 ptssince 2000
from 81.5% in 2000
US average: 88.5%
Graduate degree
4.9%
+0.6 ptssince 2000
from 4.2% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
19.5 min
+59%since 2000
from 12.3 min in 2000
US average: 26.9
Drive alone to work
75.2%
−6.0 ptssince 2009
from 81.2% in 2009
US average: 75.1%
No vehicle available
12.7%
+5.9 ptssince 2009
from 6.8% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
2.8%
−5.2 ptssince 2011
from 8.0% in 2011
US average: 5.4%
Labor force participation
51.9%
−2.0 ptssince 2011
from 53.9% in 2011
US average: 63.4%
Management & professional
26.4%
−30.0 ptssince 2009
from 56.4% in 2009
US average: 39.3%
Section 08

People & community

Male
52.9%
+8.2 ptssince 2009
from 44.8% in 2009
Female
47.1%
−8.2 ptssince 2009
from 55.2% in 2009
Foreign born
12.3%
+8.4 ptssince 2009
from 3.9% in 2009
US average: 13.5%
Uninsured
21.9%
−50.2 ptssince 2013
from 72.1% in 2013
US average: 8.8%
Drill deeper

Places similar to Franklin

Laurel
Pop 4,557
Moon Lake
Pop 4,638
Kenneth City
Pop 4,868
Chipley
Pop 3,804
Places similar to Franklin
Head to head

Compare Franklin to nearby cities

FRANKLIN VS
Waynesville
Income$54,923+38%
Home value$281,700+80%
Population11,006+150%
SEE FULL COMPARISON →
FRANKLIN VS
Brevard
Income$54,103+36%
Home value$450,000+188%
Population8,098+84%
SEE FULL COMPARISON →
FRANKLIN VS
Toccoa
Income$48,438+22%
Home value$178,100+14%
Population9,539+117%
SEE FULL COMPARISON →
FRANKLIN VS
Seneca
Income$52,022+31%
Home value$240,000+53%
Population9,424+114%
SEE FULL COMPARISON →
Frequently asked

How many people live in Franklin, North Carolina?

Franklin, North Carolina has about 4,175 residents according to the 2020 American Community Survey.

What is the median household income in Franklin, North Carolina?

The typical household in Franklin, North Carolina earns about $39,754 a year. Half of households make more than that, and half make less.

Is Franklin, North Carolina expensive?

In Franklin, North Carolina, the median home is worth about $156,400, and the typical rent is about $755 a month.

How educated are people in Franklin, North Carolina?

About 27.7% of adults age 25 and over in Franklin, North Carolina hold a bachelor's degree or higher.

What is the poverty rate in Franklin, North Carolina?

About 20.2% of people in Franklin, North Carolina live below the federal poverty line.

Has Franklin, North Carolina grown since 1990?

Yes, Franklin, North Carolina has grown since 1990. The population has added about 1,340 residents, a change of about 47 percent over that period.

Keep going

Explore from here

Up the hierarchy
North Carolina
Rankings
Highest income citiesFastest growing citiesMost educated cities
Compare
Compare Franklin with another place

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

How we source and harmonize this data →