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CITY · 2020 ACS

Franklin Farm

Virginia · 19,189 residents · 4.749 sq mi
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The short version

Franklin Farm is significantly wealthier than the US average, with a median household income of $187,173. Population has held roughly steady since 2019. 77% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value is $646,100. Poverty is rare here, at 2.9% of residents. Households here earn about 145% more than the Virginia median.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 42.2
US median: 38.8
More educated
77% 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
19,189
+5%since 2019
from 18,321 in 2019
2010 – 2024
Population density
4,041 / sq mi
+5%since 2019
from 3,858 / sq mi in 2019
US average: 280
Median age
42.2
Unchangedsince 2019
from 42.4 in 2019
US average: 38.8
Population, 2010 – 2024
18K19K19K20K20K201020202024Franklin Farm
202419K
201020202024
Section 02

Income & economy

Median household income
$187,173
+1%inflation adjusted, since 2019
from $183,247 in 2019
US average: $66,278
2010 – 2024
Per capita income
$79,599
+14%since 2019
from $69,649 in 2019
US average: $35,364
Households earning $100K+
89.2%
−1.5 ptssince 2019
from 90.7% in 2019
US average: 43.9%
Poverty rate
2.9%
+0.7 ptssince 2019
from 2.2% in 2019
US average: 12.8%
Workforce by industry, 2020
Information7.5%
US avg: 11.1%
Other services7.3%
US avg: 6.6%
Public administration5%
US avg: 4.7%
Retail trade4.7%
US avg: 10%
Arts, entertainment, food4.6%
US avg: 2%
Finance & insurance3.1%
US avg: 5.5%
Professional, scientific, technical3.1%
US avg: 4.7%
Wholesale trade1.7%
US avg: 6.7%
Transportation & warehousing1%
US avg: 2.5%
Agriculture, forestry, fishing0.3%
US avg: 1.7%
Construction0.3%
US avg: 1.2%
Manufacturing0.1%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$646,100
+1%inflation adjusted, since 2019
from $633,600 in 2019
US average: $265,253
2010 – 2024
Median gross rent
$2,452
−9%inflation adjusted, since 2019
from $2,662 in 2019
US average: $1,124
Owner-occupied
91.7%
−1.3 ptssince 2019
from 93.0% in 2019
8.3% rent
Afford Score
3.5
Unchangedsince 2019
from 3.5 in 2019
2010 – 2024
RELATED:See current rent listings in Franklin Farm on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic65.2%(11,937)
Black3.2%(595)
Hispanic / Latino7.5%(1,378)
Asian20.8%(3,818)
Other3.2%(593)
Diversity Score65.5%(12,007)
2020
White, non-Hispanic60.6%(11,637)
Black2.9%(556)
Hispanic / Latino6.7%(1,285)
Asian24.2%(4,639)
Other6%(1,161)
Diversity Score71.1%(13,643)
Diversity Score
71
+8%since 2019
from 66 in 2019
2010 – 2024
Section 05

Education

Bachelor's degree or higher
76.5%
+0.1 ptssince 2019
from 76.5% in 2019
US average: 32.9%
High school or higher
98.3%
+0.1 ptssince 2019
from 98.1% in 2019
US average: 88.5%
Graduate degree
40.7%
+1.4 ptssince 2019
from 39.3% in 2019
US average: 12.7%
Section 06

Commute & transportation

Average commute
31.0 min
−3%since 2019
from 32.0 min in 2019
US average: 26.9
Drive alone to work
68.4%
−4.0 ptssince 2019
from 72.4% in 2019
US average: 75.1%
No vehicle available
0.8%
−0.1 ptssince 2019
from 0.9% in 2019
US average: 8.4%
Section 07

Work & employment

Unemployment rate
1.8%
−0.9 ptssince 2019
from 2.7% in 2019
US average: 5.4%
Labor force participation
72.2%
−0.7 ptssince 2019
from 72.9% in 2019
US average: 63.4%
Management & professional
70.9%
−0.6 ptssince 2019
from 71.5% in 2019
US average: 39.3%
Section 08

People & community

Male
51.6%
+1.7 ptssince 2019
from 49.9% in 2019
Female
48.4%
−1.7 ptssince 2019
from 50.1% in 2019
Foreign born
21.0%
−1.1 ptssince 2019
from 22.1% in 2019
US average: 13.5%
Uninsured
1.8%
+0.2 ptssince 2019
from 1.6% in 2019
US average: 8.8%
Drill deeper

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FRANKLIN FARM VS
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FRANKLIN FARM VS
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Frequently asked

How many people live in Franklin Farm, Virginia?

Franklin Farm, Virginia has about 19,189 residents according to the 2020 American Community Survey.

What is the median household income in Franklin Farm, Virginia?

The typical household in Franklin Farm, Virginia earns about $187,173 a year. Half of households make more than that, and half make less.

Is Franklin Farm, Virginia expensive?

In Franklin Farm, Virginia, the median home is worth about $646,100, and the typical rent is about $2,452 a month.

How educated are people in Franklin Farm, Virginia?

About 76.5% of adults age 25 and over in Franklin Farm, Virginia hold a bachelor's degree or higher.

What is the poverty rate in Franklin Farm, Virginia?

About 2.9% of people in Franklin Farm, Virginia live below the federal poverty line.

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

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