Median Household Income
$47,888 ± $4,336
Median Home Value
$195,000 ± $24,123
Median Gross Rent
$725 ± $85/mo
Per Capita Income
$33,501
Poverty Rate
12.7%
Unemployment Rate
2.3%
Homeownership Rate
58.2%
Bachelor's Degree or Higher
25.6%
Median Age
48.1
Average Commute
22 min
Households
2,284
Veterans
299
Population Over Time
Franklin grew 9.6% from 2014 to 2024.
2014
3,893
2016
3,930
2018
3,943
2020
4,030
2022
4,184
2024
4,268
Population by Race & Ethnicity
White
82.4%
Hispanic or Latino
9.0%
Black or African American
4.2%
Asian
0.7%
Nearby Cities in North Carolina
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.