Franklin is a city located in Renville County, Minnesota. Franklin has a 2025 population of 521. Franklin is currently growing at a rate of 1.17% annually and its population has increased by 5.68% since the most recent census, which recorded a population of 493 in 2020.
The average household income in Franklin is $73,951 with a poverty rate of 15.13%.The median age in Franklin is 38 years: 41.5 years for males, and 37.6 years for females.
Data after 2023 is projected based on recent change
The racial composition of Franklin includes 80.7% White, 5.85% other race, 5.65% Asian, 3.51% Native American, and smaller percentages for Two or more races, Black or African American and multiracial populations.
Race | Population | Percentage (of total) |
---|---|---|
White | 414 | 80.7% |
Other race | 30 | 5.85% |
Asian | 29 | 5.65% |
Native American | 18 | 3.51% |
Two or more races | 14 | 2.73% |
Black or African American | 8 | 1.56% |
Married
Widowed
Divorced
Separated
Never Married
Franklin's average per capita income is $31,429. Household income levels show a median of $54,904. The poverty rate stands at 15.13%.
Name | Median | Mean |
---|---|---|
Married Families | $95,060 | - |
Families | $80,694 | $82,288 |
Households | $54,904 | $73,951 |
Non Families | $41,750 | $60,120 |
Average Income
Median Household Income
Poverty Rate