Franklin, Virginia Population 2024

8,345

Franklin is a city located in Franklin Virginia. Franklin has a 2024 population of 8,345. Franklin is currently growing at a rate of 0.59% annually and its population has increased by 2.41% since the most recent census, which recorded a population of 8,149 in 2020.

The average household income in Franklin is $70,700 with a poverty rate of 18.75%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Franklin is 38.8 years, 33.1 years for males, and 41 years for females.

Franklin Demographics

According to the most recent ACS, the racial composition of Franklin was:

  • Black or African American: 51.4%
  • White: 38.42%
  • Two or more races: 6.39%
  • Asian: 3.37%
  • Other race: 0.41%
  • Native American: 0%
  • Native Hawaiian or Pacific Islander: 0%
County
Land Area (mi²)
8.3 sq mi
Density (mi²)
1,008.20/sq mi
Growth Since 2020
2.41% (196)
The current population of Franklin, Virginia is 8,345 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 8,149.

Franklin, Virginia Population 2024

Population by Race

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Race
Population
Percentage (of total)
Black or African American4,21251.4%
White3,14838.42%
Two or more races5246.39%
Asian2763.37%
Other race340.41%
Native American00%
Native Hawaiian or Pacific Islander00%

Black or African American

White

Two or more races

Asian

Other race

Native American

Native Hawaiian or Pacific Islander

Franklin Population by Race

Franklin Population Pyramid 2024

Franklin Median Age

38.8

Total

33.1

Male

41

Female

Franklin Adults

There are 6,089 adults, (1,553 of whom are seniors) in Franklin.

Franklin Age Dependency

80.6

Age Dependency Ratio

34.2

Old Age Dependency Ratio

46.4

Child Dependency Ratio

Franklin Sex Ratio

Female4,27352.15%
Male3,92147.85%

Franklin Population by Age

Franklin Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All3,3492.4155.644.4
Married1,3843.2769.930.1
Non Family1,2101.1551.648.4
Female6532.9327.672.4
Male1022.2590.29.8

3.07

Average Family Size

2.41

Average Household Size

55.6%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Franklin Households and Families

Male

Female

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Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Franklin Educational Attainment by Sex (over 25)

Franklin Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

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The highest rate of high school graduation is among asian people with a rate of 98.25%.

The highest rate of bachelors degrees is among asian people with a rate of 56.14%.

Franklin Educational Attainment by Race

All

Male

Female

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$41,240

Average Earnings

$49,891

Average Male

$38,338

Average Female

Franklin Earnings by Educational Attainment

Franklin Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Franklin Language

94.7% of Franklin residents speak only English, while 5.3% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 2.78% of the population.

Franklin Language

Franklin Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
Black4,1801,17328.06%
Asian27618667.39%
White2,9811173.92%
Multiple524305.73%

18.75%

Overall Poverty Rate

17.41%

Male Poverty Rate

20%

Female Poverty Rate

Poverty in Franklin

The race most likely to be in poverty in Franklin is Asian, with 67.39% below the poverty level.

The race least likely to be in poverty in Franklin is White, with 3.92% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 3.18%. Among those working part-time, it was 11.78%, and for those that did not work, the poverty rate was 29.01%.

Franklin Poverty

rate

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Rate
Poverty
Less Than 9th Grade33.67%
High School18.09%
Some College9.23%
Bachelors or Greater6%

Franklin Poverty Rate by Education

rate

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Rate
Poverty
Male Unemployed72.38%
Female Unemployed34.48%
Male Employed5.15%
Female Employed2.56%

Franklin Poverty Rate by Employment Status and Sex

Franklin Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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mean

median

Income by Household Type

Franklin Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

45.6%

Overall Marriage Rate

55.1%

Male Marriage Rate

37.9%

Female Marriage Rate

Franklin Married by Age and Sex

male

female

Franklin Marriage

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.

Franklin Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Franklin Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

700

Number of Veterans

543

Male Veterans

157

Female Veterans

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Franklin Veterans by War

count

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Franklin Veterans by Age

count

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Franklin Veterans by Race

Franklin Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

8.53%

Veteran Poverty Rate

27.89%

Veteran Disability Rate

Franklin Veterans by Education

LaborForceParticipation

58.1%

Labor Force Participation

55%

Employment Rate

5.3%

Unemployment Rate

Franklin Employment by Age

LaborForceParticipation

Franklin Employment by Race

LaborForceParticipation

Franklin Employment by Education

Origin of Non-Citizens

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.

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

73.76%

Born in Franklin

96.77%

Native Born

3.23%

Foreign Born

0.95%

Non Citizen

2.28%

Naturalized

Place of Birth

96.77% of Franklin residents were born in the United States, with 73.76% having been born in Virginia. 0.95% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.

Franklin Place of Birth

Note: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
20298,590490.57%
20288,541490.58%
20278,492490.58%
20268,443490.58%
20258,394490.59%
20248,345490.59%
20238,296490.59%
20228,2471191.46%
20218,128-21-0.26%
20208,1492823.58%
20197,867-166-2.07%
20188,033-99-1.22%
20178,132-78-0.95%
20168,210-129-1.55%
20158,339-60-0.71%
20148,399-146-1.71%
20138,545570.67%
20128,488400.47%
20118,448-131-1.53%
20108,57900%
20008,3464826.13%
19907,8645567.61%
19807,3084286.22%
19706,880-384-5.29%
19607,2642,59455.55%
19504,6701,20434.74%
19403,46653618.29%
19302,930-5,660-65.89%
showing: 28 rows

Franklin Population by Year