Franklin is a city located in Brown County, Redwood County, and Renville County Minnesota. Franklin has a 2024 population of 534. Franklin is currently growing at a rate of 1.91% annually and its population has increased by 8.1% since the most recent census, which recorded a population of 494 in 2020.
The average household income in Franklin is $71,655 with a poverty rate of 18.8%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Franklin is 40 years, 41.8 years for males, and 38.4 years for females.
According to the most recent ACS, the racial composition of Franklin was:
White
Other race
Two or more races
Asian
Native American
Black or African American
Native Hawaiian or Pacific Islander
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 202 | 2.43 | 78.2 | 21.8 |
| Married | 98 | 3.1 | 84.7 | 15.3 |
| Non Family | 79 | 1.18 | 77.2 | 22.8 |
| Female | 23 | 3.57 | 52.2 | 47.8 |
| Male | 2 | 5.5 | 100 | 0 |
3.05
Average Family Size
2.43
Average Household Size
78.2%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Less Than 9th Grade
9th to 12th Grade
High School Graduate
Some College
Associates Degree
Bachelors Degree
Graduate Degree
High School Graduation Rate
Bachelors Rate
The highest rate of high school graduation is among black people with a rate of 100%.
The highest rate of bachelors degrees is among white people with a rate of 13.42%.
All
Male
Female
$29,397
Average Earnings
$31,250
Average Male
$29,138
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
91.52% of Franklin residents speak only English, while 8.48% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 6.36% of the population.
rate
18.8%
Overall Poverty Rate
19.7%
Male Poverty Rate
17.67%
Female Poverty Rate
The race most likely to be in poverty in Franklin is Black, with 100% below the poverty level.
The race least likely to be in poverty in Franklin is White, with 8.99% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 10.26%. Among those working part-time, it was 8.33%, and for those that did not work, the poverty rate was 36.36%.
Married
Widowed
Divorced
Separated
NeverMarried
44.1%
Overall Marriage Rate
40.9%
Male Marriage Rate
47.7%
Female Marriage Rate
male
female
The age group where males are most likely to be married is 45-54, while the female age group most likely to be married is 35-44.
Married
Widowed
Divorced
Separated
NeverMarried
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
2.94%
Veteran Poverty Rate
23.53%
Veteran Disability Rate
LaborForceParticipation
61.2%
Labor Force Participation
60.2%
Employment Rate
1.6%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
Europe
Asia
Africa
Oceania
Latin America
North America
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Europe
Asia
Africa
Oceania
Latin America
North America
69.26%
Born in Franklin
93.89%
Native Born
6.11%
Foreign Born
2.04%
Non Citizen
4.07%
Naturalized
93.89% of Franklin residents were born in the United States, with 69.26% having been born in Minnesota. 2.04% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.
Year | Population | Growth | Growth Rate |
|---|---|---|---|
| 2029 | 584 | 10 | 1.74% |
| 2028 | 574 | 10 | 1.77% |
| 2027 | 564 | 10 | 1.81% |
| 2026 | 554 | 10 | 1.84% |
| 2025 | 544 | 10 | 1.87% |
| 2024 | 534 | 10 | 1.91% |
| 2023 | 524 | 10 | 1.95% |
| 2022 | 514 | 22 | 4.47% |
| 2021 | 492 | -2 | -0.4% |
| 2020 | 494 | 25 | 5.33% |
| 2019 | 469 | -4 | -0.85% |
| 2018 | 473 | -2 | -0.42% |
| 2017 | 475 | 3 | 0.64% |
| 2016 | 472 | -8 | -1.67% |
| 2015 | 480 | -4 | -0.83% |
| 2014 | 484 | -6 | -1.22% |
| 2013 | 490 | -7 | -1.41% |
| 2012 | 497 | -6 | -1.19% |
| 2011 | 503 | -8 | -1.57% |
| 2010 | 511 | 0 | 0% |