Franklin city, Virginia

    2023 ACS Census Data · Population 8,212

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    Franklin city is a small rural county in Virginia with a population of 8,212. The median household income is $65,125, near the national median. The poverty rate is 16.7%, median home value is $227,200, and 26.4% of adults hold a bachelor's degree or higher.

    Economy
    Housing Cost
    Education
    Employment
    Health Access
    Broadband

    Population

    8,212

    2023 estimate

    Rank #2640 of 3,222 counties

    Median Income?The midpoint of all household incomes — half of households earn more, half earn less.Learn more →

    $65,125

    Household

    Rank #1414 of 3,222 counties

    Median Home Value?Estimated market value of owner-occupied homes at the 50th percentile.

    $227,200

    Owner-occupied

    Rank #950 of 3,222 counties

    Bachelor's Degree+?Percent of adults 25 and older who hold at least a bachelor's degree.Learn more →

    26.4%

    Adults 25+

    Rank #1002 of 3,222 counties

    Location

    Demographics

    Population breakdown by race, ethnicity, and age

    Age Distribution

    Race & Ethnicity

    Female Population?Percent of the total population identifying as female.

    53.3%

    Foreign-Born?Percent of residents born outside the United States.

    2.6%

    Speak Non-English at Home?Percent of households where a language other than English is spoken at home.

    4.2%

    Veterans?Percent of civilian population 18 and over who have served in the U.S. armed forces.

    7.2%

    Economy

    Income, poverty, and employment data from the American Community Survey

    Benchmarks vs State & National

    Median Household Income

    US
    $65,047
    Virginia
    $74,957
    Franklin city
    $65,125

    13% below Virginia avg·0% above national avg

    Poverty Rate

    US
    15.0%
    Virginia
    13.0%
    Franklin city
    16.7%

    29% below Virginia avg·11% below national avg

    Labor Force Participation

    US
    57.6%
    Virginia
    57.6%
    Franklin city
    59.8%

    4% above Virginia avg·4% above national avg

    Economic Indicators

    Per Capita Income?Total income divided by total population — the average income per person, regardless of household size.Learn more →

    $31,838

    Poverty Rate?Percent of residents living below the federal poverty line, which varies by household size.Learn more →

    16.7%

    Labor Force Participation?Percent of civilians 16+ who are employed or actively looking for work.Learn more →

    59.8%

    Housing

    Home values, ownership rates, and rental costs

    Benchmarks vs State & National

    Median Home Value

    US
    $209,224
    Virginia
    $278,065
    Franklin city
    $227,200

    18% below Virginia avg·9% above national avg

    Median Monthly Rent

    US
    $928
    Virginia
    $1,140
    Franklin city
    $995

    13% below Virginia avg·7% above national avg

    Home Ownership Rate

    US
    73.0%
    Virginia
    70.7%
    Franklin city
    53.4%

    25% below Virginia avg·27% below national avg

    Housing Cost Burden

    US
    23.6%
    Virginia
    25.3%
    Franklin city
    26.9%

    6% below Virginia avg·14% below national avg

    Housing Units

    3,897

    Households

    3,388

    Ownership & Cost Burden

    Persons per Household?Average number of people living in each occupied housing unit.

    2.4

    Median Owner Costs (w/ Mortgage)?Typical monthly costs for homeowners with a mortgage, including principal, interest, taxes, and insurance.Learn more →

    $1,591

    Broadband Subscription?Percent of households with a broadband internet subscription.Learn more →

    90.1%

    Mean Commute Time?Average one-way travel time to work, in minutes, for workers 16 and older.Learn more →

    21 min

    Education

    Educational attainment among adults

    Benchmarks vs State & National

    Bachelor's Degree Rate

    US
    24.1%
    Virginia
    29.1%
    Franklin city
    26.4%

    9% below Virginia avg·10% above national avg

    High School Graduation Rate

    US
    88.5%
    Virginia
    88.9%
    Franklin city
    84.7%

    5% below Virginia avg·4% below national avg

    Attainment

    Health & Access

    With Disability (under 65)?Percent of residents under 65 with a cognitive, physical, or sensory disability.Learn more →

    14.0%

    Without Health Insurance (under 65)?Percent of residents under 65 who lack any form of health insurance coverage.Learn more →

    4.2%

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