Franklin, NC

Census Place

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2024 Population
4,268
US Senator
Thom Tillis
Republican Party
US Senator
Ted Budd
Republican Party
2024 Median Age
48.1
1.69% 1-year increase
2024 Poverty Rate
12.7%
40.9% 1-year decrease
2024 Median Household Income
$47,888
8.86% 1-year growth
2024 Median Property Value
$195,000
2.31% 1-year growth
2024 Employed Population
1,935
8.89% 1-year growth

About

None of the households in Franklin, NC 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.

96% of the residents in Franklin, NC are U.S. citizens.

In 2024, the median property value in Franklin, NC was $195,000, and the homeownership rate was 58.2%.

Most people in Franklin, NC drove alone to work, and the average commute time was 23.1 minutes. The average car ownership in Franklin, NC was 2 cars per household.

United StatesNorth CarolinaMacon County, NCJackson (South), Macon, Cherokee & Clay Counties PUMA, NC

Population & Diversity

Franklin, NC is home to a population of 4.27k people, from which 96% are citizens. As of 2024, 8.01% of Franklin, NC residents were born outside of the country (342 people).

In 2024, there were 12.9 times more White (Non-Hispanic) residents (3.4k people) in Franklin, NC than any other race or ethnicity. There were 263 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 178 Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

96%
2024 Citizenship
91.9%
2023 Citizenship

As of 2024, 96% of Franklin, NC residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Franklin, NC was 91.9%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Franklin, NC compared to that of it's neighboring and parent geographies.

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Franklin, NC
  1. White (Non-Hispanic)
    3.4k ± 275
  2. Two Races Excluding Other, & Three or More Races (Non-Hispanic)
    263 ± 207
  3. Black or African American (Non-Hispanic)
    178 ± 170
9.04%
Hispanic Population
386 people

In 2024, there were 12.9 times more White (Non-Hispanic) residents (3.4k people) in Franklin, NC than any other race or ethnicity. There were 263 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 178 Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

9.04% of the people in Franklin, NC are hispanic (386 people).

The following chart shows the 8 races represented in Franklin, NC as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for North Carolina.
Most Common Origin
  1. Mexico
    224,963 ± 11,520 people
  2. India
    83,219 ± 7,055 people
  3. Honduras
    48,247 ± 5,380 people

In 2023, the most common birthplace for the foreign-born residents of North Carolina was Mexico, the natal country of 224,963 North Carolina residents, followed by India with 83,219 and Honduras with 48,247.

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Foreign-Born Population

8.01%
2024 Foreign-Born Population
342 people
11.1%
2023 Foreign-Born Population
467 people

As of 2024, 8.01% of Franklin, NC residents (342 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Franklin, NC was 11.1%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Franklin, NC compared to that of it's neighboring and parent geographies.

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Military

Veterans

Most Common Service Period
  1. Vietnam
    153 ± 107
  2. Korea
    10 ± 21
  3. Gulf War (1990s)
    9 ± 19

Franklin, NC has a large population of military personnel who served in Vietnam, 15.3 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Franklin, NC.

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Economy

The economy of Franklin, NC employs 1.94k people. In 2024, the largest industries in Franklin, NC were Retail Trade (296 people), Health Care & Social Assistance (222 people), and Construction (201 people), and the highest paying industries were Transportation & Warehousing, & Utilities ($116,111), Public Administration ($95,227), and Finance & Insurance ($63,807).

Employment

Occupations

1.94k
2024 Value
± 357
8.89%
1 Year growth
± 23.7%

From 2023 to 2024, employment in Franklin, NC grew at a rate of 8.89%, from 1.78k employees to 1.94k employees.

The most common job groups, by number of people living in Franklin, NC, are Office & Administrative Support Occupations (319 people), Food Preparation & Serving Related Occupations (223 people), and Construction & Extraction Occupations (200 people). This chart illustrates the share breakdown of the primary jobs held by residents of Franklin, NC.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for North Carolina.

This chart shows weekly unemployment insurance claims in North Carolina (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

1.94k
2024 Value
± 357
8.89%
1 Year growth
± 23.7%

From 2023 to 2024, employment in Franklin, NC grew at a rate of 8.89%, from 1.78k employees to 1.94k employees.

The most common employment sectors for those who live in Franklin, NC, are Retail Trade (296 people), Health Care & Social Assistance (222 people), and Construction (201 people). This chart shows the share breakdown of the primary industries for residents of Franklin, NC, though some of these residents may live in Franklin, NC and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$46,940
Median earning men ± $8,875
$28,088
Median earning women ± $6,976

The industries with the best median earnings for men in 2024 are Transportation & Warehousing, & Utilities ($117,222), Public Administration ($95,369), and Wholesale Trade ($58,781).

The industries with the best median earnings for women in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($63,551), Construction ($48,983), and Retail Trade ($26,776).

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Employment by Industry Sector

Data is only available at the state level. Showing data for North Carolina.
Y-Axis
3.04%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 4.86M people employed in North Carolina. This represents a 3.04% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 10.9%.

The following chart shows monthly employment numbers for each industry sector in North Carolina.

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Housing & Living

The median property value in Franklin, NC was $195,000 in 2024, which is 0.586 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $190,600 to $195,000, a 2.31% increase. The homeownership rate in Franklin, NC is 58.2%, which is lower than the national average of 65.2%.

People in Franklin, NC have an average commute time of 23.1 minutes, and they drove alone to work. Car ownership in Franklin, NC is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$195,000
Median Property Value 2024
±$24,123
$1,329
Median Property Taxes
±$279

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Franklin, NC the largest share of households pay taxes in the $800 - $1,499 range.

The chart underneath the paragraph shows the property taxes in Franklin, NC compared to it's parent and neighbor geographies.

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Rent vs Own

58.2%
Homeownership
2024
62.2%
Homeowners with Mortgage
2024

In 2024, 58.2% of the housing units in Franklin, NC were occupied by their owner. This percentage grew from the previous year's rate of 56.5%.

This chart shows the percentage of owner in Franklin, NC compared it's parent and neighboring geographies.

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Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$47,888
Median Household Income
± $4,336
2.28k
Number of Households
± 379

In 2024, the median household income of the 2.28k households in Franklin, NC grew to $47,888 from the previous year's value of $43,991.

The following chart displays the households in Franklin, NC distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the < $10k range.

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Wage Distribution

The closest comparable wage GINI for Franklin, NC is from North Carolina.
0.467
2023 Wage GINI in North Carolina
0.47
2022 Wage GINI in North Carolina

In 2023, the income inequality in North Carolina was 0.467 according to the GINI calculation of the wage distribution. Income inequality had a 0.639% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for North Carolina was lower than than the national average of 0.476. In other words, wages are distributed more evenly in North Carolina in comparison to the national average.

This chart shows the number of workers in North Carolina across various wage buckets compared to the national average.

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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (85.1%)
  2. Carpooled (9.1%)
  3. Worked At Home (4.98%)

In 2024, 85.1% of workers in Franklin, NC drove alone to work, followed by those who carpooled to work (9.1%) and those who worked at home (4.98%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

23.1 minutes
Average Travel Time

Using averages, employees in Franklin, NC have a shorter commute time (23.1 minutes) than the normal US worker (26.4 minutes). Additionally, 3.62% of the workforce in Franklin, NC have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Franklin, NC compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Franklin, NC distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Franklin, NC have 2 cars.

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Poverty

Poverty & Diversity

12.7% of the population for whom poverty status is determined in Franklin, NC (538 out of 4.22k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Males 65 - 74, followed by Females 75+ and then Males 75+.

The most common racial or ethnic group living below the poverty line in Franklin, NC is White, followed by Two Or More and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

87.8% of the population of Franklin, NC has health coverage, with 30.4% on employee plans, 16.9% on Medicaid, 19% on Medicare, 18.2% on non-group plans, and 3.32% on military or VA plans.

Primary care physicians in North Carolina see 1,413 patients per year on average, which represents a 0% change from the previous year (1,413 patients). Compare this to dentists who see 1634 patients per year, and mental health providers who see 299 patients per year.

By gender, of the total number of insured persons, 45% were men and 55% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 15.9% under 18 years, 18.1% between 18 and 34 years, 37% between 35 and 64 years, and 28.9% over 64 years.

By gender, of the total number of insured persons, 45% were men and 55% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

12.2%
Uninsured
30.4%
Employer Coverage
16.9%
Medicaid
19%
Medicare
18.2%
Non-Group
3.32%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Franklin, NC declined by 31.9% from 18% to 12.2%.

The following chart shows how the percent of uninsured individuals in Franklin, NC changed over time compared with the percent of individuals enrolled in various types of health insurance.

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