Franklin is a village located in Morgan County, Illinois. Franklin has a 2026 population of 580. Franklin is currently declining at a rate of -0.85% annually and its population has decreased by -4.92% since the most recent census, which recorded a population of 610 in 2020.
The median household income in Franklin is $75,714 with a poverty rate of 6.17%. The median age in Franklin is 36.4 years: 35.6 years for males, and 37.3 years for females. For every 100 females there are 121.1 males.
Data after 2023 is projected based on recent change
Overall: 36.4 years
Female: 37.3 years
Male: 35.6 years
There are 483 adults, (122 of whom are seniors) in Franklin.
Female: 294 (45.2%)
Male: 356 (54.8%)
The racial composition of Franklin includes 97.69% White, and smaller percentages for Two or more races, Asian and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 635 | 97.69% |
| Two or more races | 9 | 1.38% |
| Asian | 6 | 0.92% |
Franklin 's average per capita income is $49,097. Household income levels show a median of $75,714. The poverty rate stands at 6.17%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $119,375 | - |
| Families | $93,438 | $143,485 |
| Households | $75,714 | $115,338 |
| Non Families | $47,857 | $51,131 |
Average Income
Median Household Income
Poverty Rate