2023 ACS Census Data · Population 54,958
Franklin County is a mid-sized county in Virginia with a population of 54,958. The median household income is $68,348, 5% above the national average. The poverty rate is 11.5%, median home value is $222,800, and 24.3% of adults hold a bachelor's degree or higher.
Population
54,958
2023 estimate
Rank #944 of 3,222 counties
Median Income?The midpoint of all household incomes — half of households earn more, half earn less.Learn more →
$68,348
Household
Rank #1178 of 3,222 counties
Median Home Value?Estimated market value of owner-occupied homes at the 50th percentile.
$222,800
Owner-occupied
Rank #983 of 3,222 counties
Bachelor's Degree+?Percent of adults 25 and older who hold at least a bachelor's degree.Learn more →
24.3%
Adults 25+
Rank #1240 of 3,222 counties
Location
Population breakdown by race, ethnicity, and age
Age Distribution
Race & Ethnicity
Female Population?Percent of the total population identifying as female.
50.5%
Foreign-Born?Percent of residents born outside the United States.
2.3%
Speak Non-English at Home?Percent of households where a language other than English is spoken at home.
3.3%
Veterans?Percent of civilian population 18 and over who have served in the U.S. armed forces.
6.4%
Income, poverty, and employment data from the American Community Survey
Benchmarks vs State & National
Median Household Income
9% below Virginia avg·5% above national avg
Poverty Rate
11% above Virginia avg·23% above national avg
Labor Force Participation
5% below Virginia avg·5% below national avg
Economic Indicators
Per Capita Income?Total income divided by total population — the average income per person, regardless of household size.Learn more →
$38,202
Poverty Rate?Percent of residents living below the federal poverty line, which varies by household size.Learn more →
11.5%
Labor Force Participation?Percent of civilians 16+ who are employed or actively looking for work.Learn more →
54.6%
Home values, ownership rates, and rental costs
Benchmarks vs State & National
Median Home Value
20% below Virginia avg·6% above national avg
Median Monthly Rent
30% below Virginia avg·14% below national avg
Home Ownership Rate
13% above Virginia avg·9% above national avg
Housing Cost Burden
25% above Virginia avg·19% above national avg
Housing Units
28,344
Households
22,484
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 →
$1,373
Broadband Subscription?Percent of households with a broadband internet subscription.Learn more →
80.9%
Mean Commute Time?Average one-way travel time to work, in minutes, for workers 16 and older.Learn more →
31 min
Educational attainment among adults
Benchmarks vs State & National
Bachelor's Degree Rate
16% below Virginia avg·1% above national avg
High School Graduation Rate
2% above Virginia avg·2% above national avg
Attainment
Health & Access
With Disability (under 65)?Percent of residents under 65 with a cognitive, physical, or sensory disability.Learn more →
11.1%
Without Health Insurance (under 65)?Percent of residents under 65 who lack any form of health insurance coverage.Learn more →
8.7%
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