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CITY · 2020 ACS

Franklin

New Hampshire · 8,741 residents · 27.433 sq mi
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The short version

Franklin has lower-than-average household income, with a median household income of $57,992. Population has held roughly steady since 2000. 18% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has more than doubled since 2000, reaching $188,700. Poverty is rare here, at 6.0% of residents. Households here earn about 26% less than the New Hampshire median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 43.6
US median: 38.8
Less educated
18% hold a bachelor's degree
US average: 33%
Less affordable
home values up 52%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
8,741
+4%since 2000
from 8,405 in 2000
1990 – 2025
Population density
319 / sq mi
+4%since 2000
from 306 / sq mi in 2000
US average: 280
Median age
43.6
+17%since 2000
from 37.3 in 2000
US average: 38.8
Population, 1990 – 2024
8K8K9K9K9K1990201020202024Franklin
20249K
1990201020202024
Section 02

Income & economy

Median household income
$57,992
+11%inflation adjusted, since 2000
from $34,613 in 2000
US average: $66,278
1990 – 2024
Per capita income
$31,569
+84%since 2000
from $17,155 in 2000
US average: $35,364
Households earning $100K+
38.2%
+14.5 ptssince 2009
from 23.7% in 2009
US average: 43.9%
Poverty rate
6.0%
−6.8 ptssince 2000
from 12.9% in 2000
US average: 12.8%
Workforce by industry, 2020
Information14%
US avg: 11.1%
Retail trade12.1%
US avg: 10%
Finance & insurance6.5%
US avg: 5.5%
Professional, scientific, technical5.6%
US avg: 4.7%
Wholesale trade5%
US avg: 6.7%
Other services3.4%
US avg: 6.6%
Public administration2.5%
US avg: 4.7%
Arts, entertainment, food1.1%
US avg: 2%
Agriculture, forestry, fishing1.1%
US avg: 1.7%
Transportation & warehousing1.1%
US avg: 2.5%
Education & health services0.9%
US avg: 0.8%
Manufacturing0.6%
US avg: 0.5%
Construction0.5%
US avg: 1.2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$188,700
+52%inflation adjusted, since 2000
from $82,400 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$889
+13%inflation adjusted, since 2000
from $524 in 2000
US average: $1,124
Owner-occupied
60.1%
+2.6 ptssince 2000
from 57.6% in 2000
39.9% rent
Afford Score
3.3
+37%since 2000
from 2.4 in 2000
1990 – 2024
RELATED:See current rent listings in Franklin on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic96.2%(8,089)
Black0.4%(30)
Hispanic / Latino1.2%(100)
Asian0.5%(43)
Other0%
Diversity Score5.2%(433)
2020
White, non-Hispanic90.6%(7,916)
Black0.6%(55)
Hispanic / Latino2.5%(216)
Asian0.6%(52)
Other1.7%(151)
Diversity Score13.6%(1,188)
Diversity Score
14
+163%since 2000
from 5 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
18.5%
+4.8 ptssince 2000
from 13.6% in 2000
US average: 32.9%
High school or higher
90.6%
+10.3 ptssince 2000
from 80.3% in 2000
US average: 88.5%
Graduate degree
6.2%
+2.8 ptssince 2000
from 3.4% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
27.5 min
+69%since 2000
from 16.3 min in 2000
US average: 26.9
Drive alone to work
77.4%
−2.3 ptssince 2009
from 79.7% in 2009
US average: 75.1%
No vehicle available
7.4%
−0.6 ptssince 2009
from 8.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
2.6%
−4.6 ptssince 2011
from 7.2% in 2011
US average: 5.4%
Labor force participation
62.1%
−3.4 ptssince 2011
from 65.5% in 2011
US average: 63.4%
Management & professional
26.5%
−33.4 ptssince 2009
from 59.9% in 2009
US average: 39.3%
Section 08

People & community

Male
44.5%
−5.4 ptssince 2009
from 49.9% in 2009
Female
55.5%
+5.4 ptssince 2009
from 50.1% in 2009
Foreign born
5.6%
+3.4 ptssince 2009
from 2.3% in 2009
US average: 13.5%
Uninsured
7.9%
−77.3 ptssince 2013
from 85.2% in 2013
US average: 8.8%
Drill deeper

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Pop 9,125
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Head to head

Compare Franklin to nearby cities

FRANKLIN VS
Laconia
Income$73,218+26%
Home value$340,300+80%
Population17,246+95%
SEE FULL COMPARISON →
FRANKLIN VS
Concord
Income$84,902+46%
Home value$350,900+86%
Population44,597+405%
SEE FULL COMPARISON →
FRANKLIN VS
Lebanon
Income$98,147+69%
Home value$385,400+104%
Population15,481+75%
SEE FULL COMPARISON →
FRANKLIN VS
Claremont
Income$59,096+2%
Home value$204,600+8%
Population13,032+47%
SEE FULL COMPARISON →
Frequently asked

How many people live in Franklin, New Hampshire?

Franklin, New Hampshire has about 8,741 residents according to the 2020 American Community Survey.

What is the median household income in Franklin, New Hampshire?

The typical household in Franklin, New Hampshire earns about $57,992 a year. Half of households make more than that, and half make less.

Is Franklin, New Hampshire expensive?

In Franklin, New Hampshire, the median home is worth about $188,700, and the typical rent is about $889 a month.

How educated are people in Franklin, New Hampshire?

About 18.5% of adults age 25 and over in Franklin, New Hampshire hold a bachelor's degree or higher.

What is the poverty rate in Franklin, New Hampshire?

About 6.0% of people in Franklin, New Hampshire live below the federal poverty line.

Has Franklin, New Hampshire grown since 1990?

Yes, Franklin, New Hampshire has grown since 1990. The population has added about 437 residents, a change of about 5 percent over that period.

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

How we source and harmonize this data →