Franklin is located in Lake County, South Dakota. Franklin has a 2025 population of 325. Franklin is currently declining at a rate of -0.61% annually and its population has decreased by 0% since the most recent census, which recorded a population of 325 in 2020.
The average household income in Franklin is $82,347 with a poverty rate of 1.45%. The median age in Franklin is 43.5 years: 58.5 years for males, and 26.5 years for females.
Data after 2023 is projected based on recent change
The racial composition of Franklin includes 84.06% White, 15.94% Asian, and smaller percentages for and multiracial populations.
White (84.1%)
Asian (15.9%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 174 | 84.06% |
| Asian | 33 | 15.94% |
Married
Widowed
Divorced
Separated
Never Married
Franklin's average per capita income is $36,111. Household income levels show a median of $65,833. The poverty rate stands at 1.45%.
Name | Median | Mean |
|---|---|---|
| Families | $86,563 | $96,391 |
| Married Families | $86,250 | - |
| Households | $65,833 | $82,347 |
| Non Families | $44,643 | $44,430 |
Average Income
Median Household Income
Poverty Rate