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Franklin, WV&

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Population
729
0.41% growth
Median Age
56.3
Median Household Income
$37,679
11.1% decline
Poverty Rate
20.2%
Number of Employees
243
12.9% decline
Median Property Value
$158,000
6.67% decline

About the photo: Train near Ada. WV

Economy

The economy of Franklin, WV employs 243 people. The economy of Franklin, WV is specialized in Public Admin.; Healthcare & Social Assistance; and Finance & Insurance, which employ respectively 3.43; 1.92; and 1.3 times more people than what would be expected in a location of this size. The largest industries in Franklin, WV are Healthcare & Social Assistance (65), Public Admin. (39), and Retail trade (35), and the highest paying industries are Educational Services ($26,250), Healthcare & Social Assistance ($17,222), and Admin., Support, Waste Management Services ($14,167).

Median household income in Franklin, WV is $37,679. Males in Franklin, WV have an average income that is 1.23 times higher than the average income of females, which is $35,456. The income inequality of Franklin, WV (measured using the Gini index) is 0.422 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Franklin, WV. In Pendleton County, WV the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 27 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $8,233. McDowell County, WV has the highest prevalence of homicides of any county in West Virginia.

Coverage

Clinician to Patient Rates

The closest comparable data for the census place of Franklin, WV is from the county of Pendleton County, WV.

Insurance Coverage by Age and Gender

Medicare Enrollment and Reimbursements by Location

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Diversity

Franklin, WV is home to a population of 729 people, from which 98.8% are citizens. The ethnic composition of the population of Franklin, WV is composed of 688 White residents (94.4%), 28 Black residents (3.84%), 9 Two+ residents (1.23%), 4 Asian residents (0.55%), and 0 Other residents (N/A). The most common foreign languages in Franklin, WV are Spanish (3 speakers), French (0 speakers), and French Creole (0 speakers), but compared to other places, Franklin, WV has a relative high number of Spanish (3 speakers), French Creole (0 speakers), and French (0 speakers).

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Non-English Speakers

Military

Veterans

Education

In 2015 universities in Franklin, WV awarded 10 degrees. The student population of Franklin, WV is skewed equally towards females, with 5 male students and 5 female students. Most students in Franklin, WV are White (3 and 30%), followed by Two or more races (0 and N/A), American Indian (0 and N/A), and Hispanic or Latino (0 and N/A). The largest universities in Franklin, WV by number of graduates are Future Generations Graduate School (10 and 100%), N/A (N/A and N/A), and N/A (N/A and N/A). The most popular majors in Franklin, WV are Community Organization & Advocacy (10 and 100%), N/A (N/A and N/A), and N/A (N/A and N/A). The median tuition costs in Franklin, WV are N/A for private four year colleges, and N/A and N/A respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Franklin, WV is $158,000, which is 0.77 times smaller than the national average of $205,000. Between 2015 and 2016 the median property value decreased from $169,300 to $158,000, a 6.67% increase. The homeownership rate of Franklin, WV is 64.2%, which is higher than the national average of 63.6%. People in Franklin, WV have an average commute time of 20.8 minutes, and they commute by Drove Alone. Car ownership in Franklin, WV is approximately the same as the national average, with an average of 2 cars per household.

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United States
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West Virginia
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Pendleton County
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Randolph, Upshur, Barbour, Lewis, Hardy, Grant, Pendleton & Tucker Counties PUMA
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