In 2023, Franklin, MN had a population of 513 people with a median age of 38 and a median household income of $54,904. Between 2022 and 2023 the population of Franklin, MN declined from 540 to 513, a −5% decrease and its median household income declined from $56,250 to $54,904, a −2.39% decrease.
The 5 largest ethnic groups in Franklin, MN are White (Non-Hispanic) (80.7%), Other (Hispanic) (5.85%), Asian (Non-Hispanic) (5.65%), American Indian & Alaska Native (Non-Hispanic) (3.51%), and Two+ (Non-Hispanic) (2.34%).
None of the households in Franklin, MN reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
97.9% of the residents in Franklin, MN are U.S. citizens.
In 2023, the median property value in Franklin, MN was $84,800, and the homeownership rate was 83.9%.
Most people in Franklin, MN drove alone to work, and the average commute time was 22.9 minutes. The average car ownership in Franklin, MN was 3 cars per household.