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CENSUS TRACT

Census Tract 901

Virginia · Franklin · 4,427 residents · 6.121 sq mi
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2004.01902901
TRACT SHAPE · Franklin, VA
The short version

Census Tract 901 has roughly average household income, with a median household income of $76,013. Population has held roughly steady since 2020. Median home value is $280,900.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 43.7
US median: 38.9
Average education
38% 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
4,427
+4%since 2020
from 4,272 in 2020
2020 – 2024
Population density
723 / sq mi
+4%since 2020
from 698 / sq mi in 2020
US average: 281
Median age
43.7
−13%since 2020
from 50.2 in 2020
US average: 38.9
Population, 20202024
4K4K4K4K4K20202024Census Tract 901
20244K
20202024
Section 02

Income & economy

Median household income
$76,013
+1%inflation adjusted, since 2020
from $61,925 in 2020
US average: $82,259
2020 – 2024
Per capita income
$40,566
+20%since 2020
from $33,861 in 2020
US average: $44,673
Households earning $100K+
52.2%
+22.0 ptssince 2020
from 30.1% in 2020
US average: 53.3%
Poverty rate
7.3%
+3.3 ptssince 2020
from 4.1% in 2020
US average: 12.5%
Income inequality (Gini)
0.368
+11%since 2020
from 0.332 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade7.7%
US avg: 9.9%
Information6.4%
US avg: 10.8%
Wholesale trade5.5%
US avg: 6.9%
Finance & insurance5.1%
US avg: 5.9%
Other services4.6%
US avg: 6.7%
Professional, scientific, technical4.5%
US avg: 5.1%
Transportation & warehousing3.4%
US avg: 2.2%
Public administration1.8%
US avg: 4.8%
Arts, entertainment, food1%
US avg: 1.9%
Education & health services0.6%
US avg: 0.9%
Agriculture, forestry, fishing0.5%
US avg: 1.6%
Construction0.5%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$280,900
+14%inflation adjusted, since 2020
from $202,900 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,118
+4%inflation adjusted, since 2020
from $890 in 2020
US average: $1,442
Owner-occupied
71.6%
−1.1 ptssince 2020
from 72.7% in 2020
28.4% rent
Vacancy rate
9.5%
+6.0 ptssince 2020
from 3.6% in 2020
US average: 10.0%
Owner cost-burdened
15.7%
−2.9 ptssince 2020
from 18.6% in 2020
US average: 22.9%
Renter cost-burdened
49.5%
+15.0 ptssince 2020
from 34.6% in 2020
US average: 47.4%
Afford Score
3.7
+13%since 2020
from 3.3 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 901 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic63%(2,693)
Black25.2%(1,078)
Hispanic / Latino4.6%(195)
Asian4.4%(187)
Other2.8%(119)
Diversity Score66.8%(2,852)
2024
White, non-Hispanic69.6%(3,080)
Black20.8%(921)
Hispanic / Latino3.9%(174)
Asian0%(0)
Other5.7%(252)
Diversity Score58.5%(2,589)
Diversity Score
58
−12%since 2020
from 67 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
37.8%
+12.1 ptssince 2020
from 25.7% in 2020
US average: 35.6%
High school or higher
91.3%
+0.5 ptssince 2020
from 90.9% in 2020
US average: 89.6%
Graduate degree
15.5%
+8.0 ptssince 2020
from 7.4% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
26.4 min
+7%since 2020
from 24.8 min in 2020
US average: 26.5
Drive alone to work
90.1%
−3.0 ptssince 2020
from 93.1% in 2020
US average: 68.9%
Carpooled to work
2.7%
+2.7 ptssince 2020
from 0.0% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
4.2%
+0.7 ptssince 2020
from 3.5% in 2020
US average: 15.0%
Walked to work
3.0%
−0.5 ptssince 2020
from 3.4% in 2020
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
1.0%
+0.3 ptssince 2020
from 0.7% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
5.5%
−2.2 ptssince 2020
from 7.7% in 2020
US average: 5.2%
Labor force participation
56.4%
−3.7 ptssince 2020
from 60.1% in 2020
US average: 63.5%
Self-employed
24.8%
+10.0 ptssince 2020
from 14.8% in 2020
US average: 13.1%
Management & professional
51.8%
+23.1 ptssince 2020
from 28.7% in 2020
US average: 42.5%
Section 08

People & community

Male
51.7%
+8.0 ptssince 2020
from 43.7% in 2020
Female
48.3%
−8.0 ptssince 2020
from 56.3% in 2020
Foreign born
1.2%
−3.5 ptssince 2020
from 4.7% in 2020
US average: 14.1%
Veterans
16.4%
+1.1 ptssince 2020
from 15.3% in 2020
US average: 6.2%
With a disability
17.9%
+4.2 ptssince 2020
from 13.7% in 2020
US average: 13.3%
Uninsured
2.6%
−0.6 ptssince 2020
from 3.2% in 2020
US average: 8.4%
Broadband at home
92.5%
+7.7 ptssince 2020
from 84.8% in 2020
US average: 91.0%
English only at home
97.2%
+2.3 ptssince 2020
from 95.0% in 2020
US average: 77.7%
Spanish at home
2.3%
Unchangedsince 2020
from 2.3% in 2020
US average: 13.6%
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Frequently asked

How many people live in this census tract?

this census tract has about 4,427 residents according to the 2024 American Community Survey.

What is the median household income in this census tract?

The typical household in this census tract earns about $76,013 a year. Half of households make more than that, and half make less.

Is this census tract expensive?

In this census tract, the median home is worth about $280,900, and the typical rent is about $1,118 a month.

How educated are people in this census tract?

About 37.8% of adults age 25 and over in this census tract hold a bachelor's degree or higher.

What is the poverty rate in this census tract?

About 7.3% of people in this census tract live below the federal poverty line.

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Containing area
Franklin
Other census tracts in Franklin
Census Tract 902

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

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