Franklin is a city located in Franklin city, Virginia. Franklin has a 2025 population of 8,429 . Franklin is currently growing at a rate of 0.67% annually and its population has increased by 3.45% since the most recent census, which recorded a population of 8,148 in 2020.
The average household income in Franklin is $79,553 with a poverty rate of 16.68%. The median age in Franklin is 40.5 years: 34 years for males, and 44.4 years for females. For every 100 females there are 87.7 males.
Data after 2023 is projected based on recent change
The racial composition of Franklin includes 51.68% Black or African American, 38.14% White, and smaller percentages for Asian, other race and multiracial populations.
Black or African American (51.68%)
White (38.14%)
Two or more races (7.23%)
Asian (2.29%)
Other race (0.66%)
Race | Population | Percentage (of total) |
|---|---|---|
| Black or African American | 4,244 | 51.68% |
| White | 3,132 | 38.14% |
| Two or more races | 594 | 7.23% |
| Asian | 188 | 2.29% |
| Other race | 54 | 0.66% |
Married
Widowed
Divorced
Separated
Never Married
Franklin's average per capita income is $43,938. Household income levels show a median of $65,125. The poverty rate stands at 16.68%.
Name | Median | Mean |
|---|---|---|
| Married Families | $98,638 | - |
| Families | $82,159 | $93,232 |
| Households | $65,125 | $79,553 |
| Non Families | $35,125 | $45,021 |
Average Income
Median Household Income
Poverty Rate