Population 3,503 · Census ACS 2020–24
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Population and households in Franklin
Household size in Franklin
| Period | Franklin | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 2.69 | 2.87 | 2.68 |
| 2010–14 | 2.73 | 2.93 | 2.73 |
| 2015–19 | 2.63 | 2.95 | 2.71 |
| 2020–24 | 2.87 | 2.83 | 2.65 |
| Change | +0.18 | −0.05 | −0.03 |
Households in Franklin average 2.87 people, above the national 2.65, so families with children are more common here. That is in line with the rest of Texas. Household size has climbed from 2.69 in 2006–10, but in a place this small, survey estimates can swing a lot from one release to the next.
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 | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 39.9 | 34.7 | 37.7 |
| 2010–14 | 43.4 | 35.4 | 38.6 |
| 2015–19 | 40.4 | 36.1 | 39.6 |
| 2020–24 | 37.7 | 36.7 | 40.1 |
| Change | −2.2 | +2.0 | +2.3 |
The median resident of Franklin is 37.7 years old, a few years younger than the national median of 40.1. That is in line with the rest of Texas.
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 | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 14.1% | 13.7% | 12.3% |
| 2010–14 | 11.4% | 13.7% | 12.3% |
| 2015–19 | 13.3% | 13.1% | 11.6% |
| 2020–24 | 15.2% | 12.9% | 11.6% |
| Change | +1.1 pts | −0.8 pts | −0.6 pts |
Single-parent households are common in Franklin: 15.2% of all households, against 11.6% nationally.
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 | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 32.4% | 35.2% | 33.3% |
| 2010–14 | 31.4% | 37.3% | 35.6% |
| 2015–19 | 24.7% | 38.0% | 36.0% |
| 2020–24 | 32.2% | 37.4% | 34.8% |
| Change | −0.2 pts | +2.3 pts | +1.5 pts |
Nearly a third of households in Franklin rent their homes (32.2%), close to the national share of 34.8%. Renters make up a smaller share here than in Texas as a whole (37.4%). Among homeowners, 55.4% have no mortgage at all, well above the national share of 39.8%.
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 | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 28.3% | 11.8% | 11.4% |
| 2010–14 | 31.0% | 10.9% | 11.4% |
| 2015–19 | 31.1% | 10.9% | 11.1% |
| 2020–24 | 25.7% | 9.4% | 9.6% |
| Change | −2.7 pts | −2.4 pts | −1.8 pts |
Vacancy is high in Franklin: 25.7% 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.
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 | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 1979 | 1983 | 1974 |
| 2010–14 | 1984 | 1985 | 1975 |
| 2015–19 | 1983 | 1987 | 1977 |
| 2020–24 | 1992 | 1992 | 1980 |
| Change | +13 | +8 | +6 |
Much of the housing in Franklin is relatively new: half of its homes were built after 1992, compared with 1980 for the U.S. as a whole. The picture is much the same across Texas.
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 | Texas | U.S. |
|---|---|---|---|
| 2006–10 | $582 | $921 | $965 |
| 2010–14 | $612 | $1,005 | $1,040 |
| 2015–19 | $817 | $1,178 | $1,213 |
| 2020–24 | $889 | $1,560 | $1,571 |
| Change | +$307 | +$639 | +$606 |
The median renter in Franklin pays $889 a month for rent and utilities, well below the national median of $1,571. Rent takes 20.8% of the typical renter's income, comfortably under the 30% mark often used to define affordable rent.
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 | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 20.3% | 27.0% | 28.4% |
| 2010–14 | 21.4% | 27.9% | 29.6% |
| 2015–19 | 20.7% | 30.0% | 32.1% |
| 2020–24 | 26.9% | 34.0% | 35.6% |
| Change | +6.5 pts | +7.1 pts | +7.2 pts |
College degrees are less common in Franklin than nationally: 26.9% of adults 25 and older have a bachelor's or higher, against 35.6%.
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 | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 82.3% | 80.7% | 84.9% |
| 2010–14 | 83.0% | 82.0% | 86.1% |
| 2015–19 | 91.0% | 83.6% | 87.7% |
| 2020–24 | 92.0% | 85.8% | 89.3% |
| Change | +9.7 pts | +5.1 pts | +4.3 pts |
High school completion in Franklin is a bit above the national rate: 92.0% of adults have a diploma or equivalent, against 89.3%.
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 | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 4.3% | 7.0% | 8.1% |
| 2010–14 | 11.0% | 7.7% | 9.4% |
| 2015–19 | 7.4% | 5.1% | 5.6% |
| 2020–24 | 5.8% | 5.3% | 5.4% |
| Change | +1.5 pts | −1.7 pts | −2.7 pts |
Unemployment in Franklin is close to the national rate: 5.8% of the labor force, against 5.4%. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current 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 | 2.87 | 37.7 | 15.2% | 32.2% | 25.7% | 1992 | $889 | 26.9% | 92.0% | 5.8% |
| New Baden | 2.88 | 35.4 | 15.9% | 33.6% | 23.0% | 1993 | $824 | 30.8% | 89.3% | 5.0% |
| Owensville | 2.72 | 37.2 | 13.6% | 23.4% | 29.2% | 1992 | $949 | 26.5% | 95.0% | 0.8% |
| Eaton | 2.53 | 51.4 | 3.7% | 15.0% | 28.5% | 2002 | $1,255 | 30.8% | 85.7% | 3.8% |
| Elliot | 2.96 | 32.7 | 20.0% | 22.2% | 21.2% | 1990 | $772 | 25.5% | 80.1% | 5.0% |
| Ridge | 2.48 | 45.5 | 8.7% | 16.0% | 32.4% | 1995 | $982 | 25.5% | 94.1% | 2.7% |
| Petteway | 2.62 | 47.8 | 6.2% | 14.3% | 36.8% | 1994 | $934 | 19.0% | 90.3% | 1.7% |
| Tidwell Prairie | 2.45 | 52.3 | 5.8% | 17.5% | 41.2% | 1988 | $912 | 20.1% | 86.6% | 4.3% |
| Calvert | 2.12 | 51.4 | 17.0% | 29.5% | 36.5% | 1978 | $822 | 24.7% | 83.3% | 9.0% |
| Hilltop Lakes | 2.18 | 50.8 | 3.5% | 21.9% | 21.9% | 1997 | $793 | 32.0% | 95.0% | 1.4% |
| Wealthy | 2.39 | 47.4 | 3.8% | 16.0% | 16.9% | 1998 | $1,044 | 22.9% | 91.5% | 3.4% |
All figures 2020–24.
Cities with similar populations: Charleston, MS · Courtland, VA · Hillsboro, WI · Newark Valley, NY · Mount Penn, PA · Norwood Young America, MN · Old Fort, TN · Ridgely, MD · Savage, MD · Seven Fields, PA
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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