Franklin is a town located in Monroe County, Alabama. Franklin has a 2026 population of 557. Franklin is currently declining at a rate of -0.89% annually and its population has decreased by -5.59% since the most recent census, which recorded a population of 590 in 2020.
The median household income in Franklin is $85,817 with a poverty rate of 17.3%. The median age in Franklin is 51.9 years: 45 years for males, and 63.5 years for females. For every 100 females there are 95.0 males.
Data after 2023 is projected based on recent change
Overall: 51.9 years
Female: 63.5 years
Male: 45 years
There are 852 adults, (352 of whom are seniors) in Franklin.
Female: 503 (51.3%)
Male: 478 (48.7%)
The racial composition of Franklin includes 69.52% Black or African American, 18.04% White, and smaller percentages for other race and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| Black or African American | 682 | 69.52% |
| White | 177 | 18.04% |
| Two or more races | 113 | 11.52% |
| Other race | 9 | 0.92% |
Franklin 's average per capita income is $36,425. Household income levels show a median of $85,817. The poverty rate stands at 17.3%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $131,250 | - |
| Families | $94,306 | $131,138 |
| Households | $85,817 | $102,626 |
| Non Families | $85,532 | $64,773 |
Average Income
Median Household Income
Poverty Rate