Franklin is a city located in Virginia. With a 2020 population of 7,897, it is the 46th largest city in Virginia and the 3663rd largest city in the United States. Franklin is currently declining at a rate of -0.73% annually and its population has decreased by -7.98% since the most recent census, which recorded a population of 8,582 in 2010. Franklin reached it's highest population of 8,581 in 2010. Spanning over 8 miles, Franklin has a population density of 954 people per square mile.
The average household income in Franklin is $58,059 with a poverty rate of 16.24%. The median rental costs in recent years comes to $876 per month, and the median house value is $168,300. The median age in Franklin is 38.9 years, 37 years for males, and 40.2 years for females. For every 100 females there are 78.5 males.