Population 26,887 · Census ACS 2020–24
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Population and households in Franklin
Household size in Franklin
| Period | Franklin | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 2.09 | 2.53 | 2.68 |
| 2010–14 | 2.19 | 2.58 | 2.73 |
| 2015–19 | 2.19 | 2.56 | 2.71 |
| 2020–24 | 2.09 | 2.52 | 2.65 |
| Change | +0.00 | −0.01 | −0.03 |
Franklin is a place of small households, averaging 2.09 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children. The biggest households, usually families with children, are concentrated in the south. Only nine of the 332 North Carolina cities with 5,000+ people have smaller households.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Franklin
| Period | Franklin | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 44.4 | 37.9 | 37.7 |
| 2010–14 | 47.1 | 38.9 | 38.6 |
| 2015–19 | 47.2 | 40.2 | 39.6 |
| 2020–24 | 48.2 | 40.3 | 40.1 |
| Change | +3.8 | +2.3 | +2.3 |
With a median age of 48.2, Franklin is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees. The median age has climbed from 44.4 in 2006–10, mirroring the country. The youngest areas are in the northeast, the oldest in the southeast.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Franklin
| Period | Franklin | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 10.1% | 12.3% | 12.3% |
| 2010–14 | 10.5% | 12.5% | 12.3% |
| 2015–19 | 9.1% | 11.6% | 11.6% |
| 2020–24 | 6.5% | 11.4% | 11.6% |
| Change | −3.6 pts | −1.0 pts | −0.6 pts |
Single parents head only 6.5% of households in Franklin, well below the national share of 11.6%. The single-parent share has fallen 3.6 points since 2006–10, a much bigger shift than nationally. Franklin has a lower share of single-parent households than at least four in five North Carolina cities.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Franklin
Renters in Franklin
| Period | Franklin | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 23.5% | 31.9% | 33.3% |
| 2010–14 | 27.8% | 34.2% | 35.6% |
| 2015–19 | 27.3% | 34.8% | 36.0% |
| 2020–24 | 24.0% | 33.4% | 34.8% |
| Change | +0.5 pts | +1.4 pts | +1.5 pts |
Only 24.0% of households in Franklin rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. About half of owners (51.3%) have paid off their mortgages, well above the national share of 39.8%. Renting is most common in the south and least common in the northwest. The renter share has edged up 0.5 points since 2006–10, as it has nationally.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Franklin
| Period | Franklin | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 25.2% | 12.8% | 11.4% |
| 2010–14 | 28.6% | 12.8% | 11.4% |
| 2015–19 | 26.8% | 12.5% | 11.1% |
| 2020–24 | 21.1% | 11.4% | 9.6% |
| Change | −4.1 pts | −1.5 pts | −1.8 pts |
Vacancy is high in Franklin: 21.1% of homes are empty, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand. Vacancy is down 4.1 points from 2006–10, mirroring the country.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Franklin
| Period | Franklin | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 1983 | 1983 | 1974 |
| 2010–14 | 1984 | 1985 | 1975 |
| 2015–19 | 1985 | 1986 | 1977 |
| 2020–24 | 1986 | 1990 | 1980 |
| Change | +3 | +7 | +6 |
Homes in Franklin are newer than the national norm: the median home was built in 1986, versus 1980 across the U.S. North Carolina as a whole looks much the same.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Franklin
| Period | Franklin | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | $677 | $789 | $965 |
| 2010–14 | $773 | $868 | $1,040 |
| 2015–19 | $764 | $981 | $1,213 |
| 2020–24 | $827 | $1,317 | $1,571 |
| Change | +$150 | +$528 | +$606 |
The median renter in Franklin pays $827 a month for rent and utilities, well below the national median of $1,571. Rent has climbed $150 a month since 2006–10, up 22%, a slower climb than the nation's. The typical renter here spends 29.3% of household income on rent, just under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally. Rents run highest in the southeast and lowest in the northwest.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Franklin
Bachelor's degrees in Franklin
| Period | Franklin | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 16.0% | 27.8% | 28.4% |
| 2010–14 | 18.8% | 29.0% | 29.6% |
| 2015–19 | 21.2% | 32.0% | 32.1% |
| 2020–24 | 22.4% | 36.2% | 35.6% |
| Change | +6.4 pts | +8.4 pts | +7.2 pts |
College degrees are relatively uncommon in Franklin: 22.4% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%. The share with a degree is up 6.4 points from 2006–10, in line with the national trend. College graduates are most concentrated in the center and least in the southeast.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Franklin
| Period | Franklin | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 82.1% | 84.5% | 84.9% |
| 2010–14 | 84.2% | 86.0% | 86.1% |
| 2015–19 | 88.2% | 88.1% | 87.7% |
| 2020–24 | 88.9% | 90.2% | 89.3% |
| Change | +6.8 pts | +5.7 pts | +4.3 pts |
About as many adults in Franklin have finished high school as nationally: 88.9%, against 89.3%. The share with a diploma has risen 6.8 points since 2006–10, mirroring the country.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Franklin
| Period | Franklin | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 8.0% | 8.8% | 8.1% |
| 2010–14 | 10.0% | 10.6% | 9.4% |
| 2015–19 | 5.3% | 5.7% | 5.6% |
| 2020–24 | 3.1% | 4.8% | 5.4% |
| Change | −4.9 pts | −4.0 pts | −2.7 pts |
The job market in Franklin has been strong: just 3.1% of the labor force was out of work and looking, well below the national rate of 5.4%. Unemployment has fallen 4.9 points since 2006–10, mirroring the country. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Franklin compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Franklin | 2.09 | 48.2 | 6.5% | 24.0% | 21.1% | 1986 | $827 | 22.4% | 88.9% | 3.1% |
| Ellijay | 1.75 | 48.9 | 4.5% | 20.0% | 47.1% | 1982 | $851 | 30.3% | 98.2% | 3.8% |
| Otto | 2.48 | 46.4 | 7.3% | 8.5% | 30.7% | 1988 | $696 | 37.9% | 93.2% | 0.5% |
| Sugarfork | 1.76 | 57.0 | 4.7% | 19.1% | 51.3% | 1985 | $845 | 38.4% | 94.6% | 2.2% |
| Stiles | 2.36 | 45.7 | 6.0% | 8.8% | 31.3% | 1987 | $573 | 18.9% | 92.5% | 2.2% |
| Pumpkintown | 1.86 | 32.3 | 14.1% | 55.8% | 11.6% | 1989 | $814 | 29.8% | 93.1% | 1.4% |
| Aquone | 1.95 | 57.6 | 5.6% | 12.7% | 41.3% | 1998 | $814 | 32.0% | 95.2% | 4.2% |
| Scaly Mountain | 2.16 | 53.8 | 8.6% | 27.2% | 44.4% | 1989 | $857 | 39.1% | 91.7% | 0.0% |
| Kyle | 1.78 | 59.0 | 6.1% | 17.0% | 45.5% | 2002 | $823 | 35.9% | 96.4% | 4.6% |
| Erastus | 2.36 | 41.8 | 2.9% | 53.2% | 23.5% | 1982 | $1,007 | 32.3% | 94.0% | 0.2% |
| Highlands | 1.80 | 63.2 | 4.6% | 26.4% | 58.4% | 1986 | $788 | 49.8% | 91.1% | 1.4% |
All figures 2020–24.
Cities with similar populations: Royse City, TX · Lake St. Louis, MO · Lapeer, MI · Lebanon, OR · Leisure City, FL · Logansport, IN · Malvern, PA · Red Bluff, CA · Rochester, MI · Round Lake Beach, IL
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Franklin. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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