Franklin is a city located in Franklin city, Virginia. Franklin has a 2025 population of 8,467. Franklin is currently growing at a rate of 0.76% annually and its population has increased by 3.94% since the most recent census, which recorded a population of 8,146 in 2020.
The average household income in Franklin is $79,553 with a poverty rate of 16.68%.The median age in Franklin is 40.5 years: 34 years for males, and 44.4 years for females.
Data after 2023 is projected based on recent change
The racial composition of Franklin includes 51.68% Black or African American, 38.14% White, and smaller percentages for Asian, other race and multiracial populations.
Race | Population | Percentage (of total) |
---|---|---|
Black or African American | 4,244 | 51.68% |
White | 3,132 | 38.14% |
Two or more races | 594 | 7.23% |
Asian | 188 | 2.29% |
Other race | 54 | 0.66% |
Married
Widowed
Divorced
Separated
Never Married
Franklin's average per capita income is $43,938. Household income levels show a median of $65,125. The poverty rate stands at 16.68%.
Name | Median | Mean |
---|---|---|
Married Families | $98,638 | - |
Families | $82,159 | $93,232 |
Households | $65,125 | $79,553 |
Non Families | $35,125 | $45,021 |
Average Income
Median Household Income
Poverty Rate