Franklin

County:: Morgan County
County Seat:: No
Area (mi²):: 0.829
State:: Illinois

Franklin is a village located in Morgan County, Illinois. Franklin has a 2025 population of 585. Franklin is currently declining at a rate of -0.85% annually and its population has decreased by -4.1% since the most recent census, which recorded a population of 610 in 2020.

The average household income in Franklin is $108,617 with a poverty rate of 7.29%.The median age in Franklin is 36.3 years: 35.1 years for males, and 40.7 years for females.

Demographics

The racial composition of Franklin includes 97.83% White, and smaller percentages for Two or more races, Asian and multiracial populations.

Population by Race

Race	Population	Percentage (of total)
White	542	97.83%
Two or more races	7	1.26%
Asian	5	0.9%

Franklin Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Franklin's average per capita income is $50,417. Household income levels show a median of $66,250. The poverty rate stands at 7.29%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$91,806	-
Families	$74,464	$133,079
Households	$66,250	$108,617
Non Families	$52,813	$52,077

$50,417

Average Income

$66,250

Median Household Income

7.29%

Poverty Rate