Franklin is a city located in Franklin city, Virginia. Franklin has a 2026 population of 8,485. It is also the county seat of Franklin city. Franklin is currently growing at a rate of 0.66% annually and its population has increased by 4.14% since the most recent census, which recorded a population of 8,148 in 2020.
The median household income in Franklin is $63,245 with a poverty rate of 19.35%. The median age in Franklin is 38.3 years: 33.9 years for males, and 42.6 years for females. For every 100 females there are 85.7 males.
Data after 2023 is projected based on recent change
Overall: 38.3 years
Female: 42.6 years
Male: 33.9 years
There are 6,019 adults, (1,534 of whom are seniors) in Franklin.
Female: 4,442 (53.8%)
Male: 3,808 (46.2%)
The racial composition of Franklin includes 55.77% Black or African American, 38.07% White, and smaller percentages for other race, Asian and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| Black or African American | 4,601 | 55.77% |
| White | 3,141 | 38.07% |
| Two or more races | 484 | 5.87% |
| Other race | 21 | 0.25% |
| Asian | 3 | 0.04% |
Franklin 's average per capita income is $45,581. Household income levels show a median of $63,245. The poverty rate stands at 19.35%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $100,877 | - |
| Families | $76,307 | $84,136 |
| Households | $63,245 | $74,218 |
| Non Families | $40,625 | $48,535 |
Average Income
Median Household Income
Poverty Rate