Franklin is a city located in Franklin city Virginia. Franklin has a 2024 population of 8,403. Franklin is currently growing at a rate of 0.77% annually and its population has increased by 3.15% since the most recent census, which recorded a population of 8,146 in 2020.
The average household income in Franklin is $70,700 with a poverty rate of 18.75%. The median age in Franklin is 38.8 years: 33.1 years for males, and 41 years for females.
According to the most recent ACS, the racial composition of Franklin was:
Race | Population | Percentage (of total) |
|---|---|---|
| Black or African American | 4,212 | 51.4% |
| White | 3,148 | 38.42% |
| Two or more races | 524 | 6.39% |
| Asian | 276 | 3.37% |
| Other race | 34 | 0.41% |
| Native American | 0 | 0% |
| Native Hawaiian or Pacific Islander | 0 | 0% |
Black or African American
White
Two or more races
Asian
Other race
Native American
Native Hawaiian or Pacific Islander
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 3,349 | 2.41 | 55.6 | 44.4 |
| Married | 1,384 | 3.27 | 69.9 | 30.1 |
| Non Family | 1,210 | 1.15 | 51.6 | 48.4 |
| Female | 653 | 2.93 | 27.6 | 72.4 |
| Male | 102 | 2.25 | 90.2 | 9.8 |
3.07
Average Family Size
2.41
Average Household Size
55.6%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Education Attained | Count | Percentage |
|---|---|---|
| 9th to 12th Grade | 667 | 11.79% |
| Associates Degree | 472 | 8.34% |
| Bachelors Degree | 737 | 13.02% |
| Graduate Degree | 575 | 10.16% |
| High School Graduate | 1,834 | 32.41% |
| Less Than 9th Grade | 224 | 3.96% |
| Some College | 1,150 | 20.32% |
Less Than 9th Grade
9th to 12th Grade
High School Graduate
Some College
Associates Degree
Bachelors Degree
Graduate Degree
High School Graduation Rate
Bachelors Rate
Race | Total | High School | Bachelors |
|---|---|---|---|
| Black | 2,618 | 2,019 | 379 |
| White | 2,480 | 2,319 | 733 |
| 2+ Races | 317 | 223 | 88 |
| Asian | 171 | 168 | 96 |
| Hispanic | 165 | 87 | 16 |
| Other Race | 34 | 0 | 0 |
The highest rate of high school graduation is among asian people with a rate of 98.25%.
The highest rate of bachelors degrees is among asian people with a rate of 56.14%.
All
Male
Female
Name | Average | Male | Female |
|---|---|---|---|
| Bachelors Degree | $76,304 | $62,232 | $90,176 |
| Graduate Degree | $55,714 | $0 | $55,398 |
| High School Graduate | $41,571 | $49,844 | $33,646 |
| Less Than 9th Grade | $20,550 | $26,066 | $17,955 |
| Overall | $41,240 | $49,891 | $38,338 |
| Some College | $37,859 | $50,333 | $36,815 |
$41,240
Average Earnings
$49,891
Average Male
$38,338
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
94.7% of Franklin residents speak only English, while 5.3% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 2.78% of the population.
rate
Name | Total | In Poverty | Poverty Rate |
|---|---|---|---|
| Black | 4,180 | 1,173 | 28.06% |
| Asian | 276 | 186 | 67.39% |
| White | 2,981 | 117 | 3.92% |
| Multiple | 524 | 30 | 5.73% |
18.75%
Overall Poverty Rate
17.41%
Male Poverty Rate
20%
Female Poverty Rate
The race most likely to be in poverty in Franklin is Asian, with 67.39% below the poverty level.
The race least likely to be in poverty in Franklin is White, with 3.92% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 3.18%. Among those working part-time, it was 11.78%, and for those that did not work, the poverty rate was 29.01%.
rate
Rate | Poverty |
|---|---|
| Less Than 9th Grade | 33.67% |
| High School | 18.09% |
| Some College | 9.23% |
| Bachelors or Greater | 6% |
rate
Rate | Poverty |
|---|---|
| Male Unemployed | 72.38% |
| Female Unemployed | 34.48% |
| Male Employed | 5.15% |
| Female Employed | 2.56% |
Households
Families
MarriedFamilies
NonFamilies
Name | Median | Mean |
|---|---|---|
| Families | $71,886 | $87,560 |
| Households | $57,537 | $70,700 |
| Married Families | $90,915 | $-999,999,999 |
| Non Families | $31,250 | $39,770 |
mean
median
Married
Widowed
Divorced
Separated
NeverMarried
45.6%
Overall Marriage Rate
55.1%
Male Marriage Rate
37.9%
Female Marriage Rate
male
female
The age group where males are most likely to be married is 45-54, while the female age group most likely to be married is 35-44.
Married
Widowed
Divorced
Separated
NeverMarried
Second Gulf War
First Gulf War
Vietnam
Korea
World War II
700
Number of Veterans
543
Male Veterans
157
Female Veterans
War | Veterans |
|---|---|
| Second Gulf War | 290 |
| First Gulf War | 251 |
| Vietnam | 141 |
| Korea | 37 |
| World War II | 30 |
count
Age Group | Veterans |
|---|---|
| 35 to 54 | 284 |
| 55 to 64 | 156 |
| 75+ | 122 |
| 18 to 34 | 73 |
| 65 to 74 | 65 |
count
Name | Veterans | % of Total |
|---|---|---|
| White | 435 | 16.88% |
| Black | 265 | 8.97% |
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
8.53%
Veteran Poverty Rate
27.89%
Veteran Disability Rate
LaborForceParticipation
58.1%
Labor Force Participation
55%
Employment Rate
5.3%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
Europe
Asia
Africa
Oceania
Latin America
North America
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Europe
Asia
Africa
Oceania
Latin America
North America
73.76%
Born in Franklin
96.77%
Native Born
3.23%
Foreign Born
0.95%
Non Citizen
2.28%
Naturalized
96.77% of Franklin residents were born in the United States, with 73.76% having been born in Virginia. 0.95% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.
Year | Population | Growth | Change |
|---|---|---|---|
| 2029 | 8,725 | 65 | 0.75% |
| 2028 | 8,660 | 64 | 0.74% |
| 2027 | 8,596 | 64 | 0.75% |
| 2026 | 8,532 | 65 | 0.77% |
| 2025 | 8,467 | 64 | 0.76% |
| 2024 | 8,403 | 64 | 0.77% |
| 2023 | 8,339 | 65 | 0.79% |
| 2022 | 8,274 | 122 | 1.5% |
| 2021 | 8,152 | 6 | 0.07% |
| 2020 | 8,146 | 279 | 3.55% |
| 2019 | 7,867 | -166 | -2.07% |
| 2018 | 8,033 | -99 | -1.22% |
| 2017 | 8,132 | -78 | -0.95% |
| 2016 | 8,210 | -129 | -1.55% |
| 2015 | 8,339 | -60 | -0.71% |
| 2014 | 8,399 | -146 | -1.71% |
| 2013 | 8,545 | 57 | 0.67% |
| 2012 | 8,488 | 40 | 0.47% |
| 2011 | 8,448 | -131 | -1.53% |
| 2010 | 8,579 | 0 | 0% |
| 2000 | 8,346 | 482 | 6.13% |
| 1990 | 7,864 | 556 | 7.61% |
| 1980 | 7,308 | 428 | 6.22% |
| 1970 | 6,880 | -384 | -5.29% |
| 1960 | 7,264 | 2,594 | 55.55% |
| 1950 | 4,670 | 1,204 | 34.74% |
| 1940 | 3,466 | 536 | 18.29% |
| 1930 | 2,930 | -5,795 | -66.42% |