Franklin city, Virginia

VA · FIPS 51620 · ACS 2024 5-Year Estimates

Metric Value vs National Rank Percentile
Total Population 8,250 #2,632 / 3,222
18th
Median Household Income $63,245 -15.8% #1,772 / 3,222
45th
Median Age 38.3 years -1.5% #2,534 / 3,222
21th
Median Home Value $256,600 -9.0% #861 / 3,222
73th
Median Gross Rent $988 -15.0% #1,036 / 3,222
68th
Poverty Rate 19.3% +53.5% #2,609 / 3,222
19th

Demographics

Franklin city has a population of 8,250, making it the #2,632 most populous county in the US. The median age is 38.3 years, which is 1.5% below the national median.

Population Trend

Rankings →

Year-over-Year Population Growth

Age & Sex Distribution

Race & Ethnicity

Nativity

99.2%
Native Born
0.8%
Foreign Born

Household Type

Economy

The median household income in Franklin city is $63,245, ranking #1,772 out of 3,222 counties — 15.8% below the national median. The poverty rate is 19.3% and unemployment stands at 7.9%.

Median Household Income
$63,245 −15.8% vs nat'l
Rank #1,772 of 3,222
45th percentile
Per Capita Income
$31,433 −23.8% vs nat'l
Rank #2,191 of 3,222
32th percentile
Poverty Rate
19.3% +53.5% vs nat'l
Rank #2,609 of 3,222
19th percentile
Unemployment Rate
7.9% +49.1% vs nat'l
Rank #2,932 of 3,222
9th percentile
Bachelor's Degree or Higher
27.3% −19.0% vs nat'l
Rank #978 of 3,222
70th percentile
Mean Commute Time
26.8 min −3.0% vs nat'l
Rank #1,528 of 3,222
53th percentile

Median Household Income Trend

Rankings →

Poverty Rate Trend

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Housing

The median home value in Franklin city is $256,600 (-9.0% vs national). Renters pay a median of $988/mo and the homeownership rate is 53.9%.

Median Home Value
$256,600 −9.0% vs nat'l
Rank #861 of 3,222
73th percentile
Median Gross Rent
$988 −15.0% vs nat'l
Rank #1,036 of 3,222
68th percentile
Homeownership Rate
53.9% −16.3% vs nat'l
Rank #3,126 of 3,222
3th percentile
53.9% Homeownership

Median Home Value Trend

Rankings →

Health

97.1% of residents in Franklin city have health insurance coverage, which is 5.9% above the national rate.

97.1% Health Insurance
Health Insurance Coverage
97.1% +5.9% vs nat'l
Rank #68 of 3,222
98th percentile

About Franklin city, Virginia

Franklin city, Virginia has a total population of 8,250, making it the 2,632nd most populous county in the United States. The median age in Franklin city is 38.3 years, which is 1.5% below the national median of 38.9 years.

The median household income in Franklin city is $63,245, which ranks #1,772 of 3,222 counties nationwide. This is 15.8% below the national median of $75,149. The poverty rate is 19.3%, higher than the national rate of 12.6%. The unemployment rate stands at 7.9%.

The median home value in Franklin city is $256,600, 9.0% below the national median. Renters in Franklin city pay a median gross rent of $988 per month. The homeownership rate is 53.9%, compared to the national rate of 64.4%.

In Franklin city, 27.3% of residents aged 25 and older hold a bachelor's degree or higher, 19.0% below the national average of 33.7%. Health insurance coverage stands at 97.1% of the population. The average commute time for workers is 26.8 min.

Franklin city is a diverse community. The largest racial or ethnic group is Black (non-Hispanic) at 54.8% of the population, followed by White (non-Hispanic) (37.7%) and Two or More Races (4.2%).

All data for Franklin city, Virginia comes from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates. These figures are estimates based on survey sampling and are subject to margin of error. For the most detailed and up-to-date data, visit the Census Bureau's official data portal.