Franklin is a city located in Minnesota. With a 2020 population of 472, it is the 508th largest city in Minnesota and the 13565th largest city in the United States. Franklin is currently growing at a rate of 0.43% annually but its population has decreased by -7.45% since the most recent census, which recorded a population of 510 in 2010. Franklin reached it's highest population of 508 in 2010. Spanning over 1 miles, Franklin has a population density of 439 people per square mile.
The average household income in Franklin is $54,495 with a poverty rate of 33.81%. The median rental costs in recent years comes to $490 per month, and the median house value is $63,000. The median age in Franklin is 44 years, 34.8 years for males, and 48.1 years for females. For every 100 females there are 103.8 males.