Franklin is a village located in Morgan County, Illinois. Franklin has a 2025 population of 585 . Franklin is currently declining at a rate of -0.85% annually and its population has decreased by -4.1% since the most recent census, which recorded a population of 610 in 2020.
The average household income in Franklin is $108,617 with a poverty rate of 7.29%. The median age in Franklin is 36.3 years: 35.1 years for males, and 40.7 years for females. For every 100 females there are 146.2 males.
Data after 2023 is projected based on recent change
The racial composition of Franklin includes 97.83% White, and smaller percentages for Two or more races, Asian and multiracial populations.
White (97.83%)
Two or more races (1.26%)
Asian (0.9%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 542 | 97.83% |
| Two or more races | 7 | 1.26% |
| Asian | 5 | 0.9% |
Married
Widowed
Divorced
Separated
Never Married
Franklin's average per capita income is $50,417. Household income levels show a median of $66,250. The poverty rate stands at 7.29%.
Name | Median | Mean |
|---|---|---|
| Married Families | $91,806 | - |
| Families | $74,464 | $133,079 |
| Households | $66,250 | $108,617 |
| Non Families | $52,813 | $52,077 |
Average Income
Median Household Income
Poverty Rate