Franklin city, Virginia

VA · FIPS 51620 · ACS 2024 5-Year Estimates

Key Statistics

Total Population
8,250
Rank #2,632 of 3,222
18th %ile
Median Household Income
$63,245 −15.8% vs nat'l
Rank #1,772 of 3,222
45th %ile
Poverty Rate
19.3% +53.5% vs nat'l
Rank #2,609 of 3,222
19th %ile
Median Home Value
$256,600 −9.0% vs nat'l
Rank #861 of 3,222
73th %ile
Bachelor's Degree or Higher
27.3% −19.0% vs nat'l
Rank #978 of 3,222
70th %ile
Unemployment Rate
7.9% +49.1% vs nat'l
Rank #2,932 of 3,222
9th %ile

At a Glance

53.9% Homeownership
97.1% Insured
27.3% Bachelor's+

Age & Sex Distribution

MaleFemale
0-910-1920-2930-3940-4950-5960-6970-7980+10%5%0%5%10%

Race & Ethnicity

Black (non-Hispanic)White (non-Hispanic)Two or More RacesHispanic or LatinoAsian (non-Hispanic)0.0%12.1%24.2%36.4%48.5%54.8%37.7%4.2%3.2%0.0%

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.

About this data

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2024). All values are estimates derived from survey samples and are subject to margin of error. For more information, see our methodology.