Franklin, MD demographics:
population, income, and more

Total population
373
4.8% year-over-year change
Median household income
$26,193/yr
77.7% year-over-year change
Housing units
174
34.9% year-over-year change

Franklin population

How many people live in Franklin

Franklin is home to 373 residents, according to the most recent Census data. Gender-wise, 57.6% of Franklin locals are male, and 42.4% are female.

Total population
373
4.8% year-over-year change
Gender ratio
Male
57.6%
215
Female
42.4%
158
Value Percent YoY change
Male 215 57.6% 0.0%
Female 158 42.4% 12.1%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Franklin is 56, with the population distributed as follows: about 15.8% are children under 15, then 10.5% are in the 15 to 24 age group. Adults between 25 and 44 make up 9.1% of the population, while another 41.3% fall into the 45 to 64 bracket. Finally, around 23.3% are 65 or older.

Median age
55.8
Age breakdown
Under 15
15.8%
15 to 24
10.5%
25 to 44
9.1%
45 to 64
41.3%
Over 65
23.3%
Value Percent YoY change
Under 15 59 15.8% -48.2%
15 to 24 39 10.5% N/A
25 to 44 34 9.1% -40.4%
45 to 64 154 41.3% 58.8%
Over 65 87 23.3% -1.1%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

Citizenship
U.S.-born citizens
100%
Non-U.S.-born citizens
0%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 373 100% 4.8%
Racial breakdown
White
97.6%
Black or African American
2.4%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
0%
Other
0%
Value Percent
White 364 97.6%
Black or African American 9 2.4%

Households in Franklin

A peek inside Franklin households

Franklin has 174 households, with an average of 2 members in each. Of these, 33.3% are families, while the remaining 66.7% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
174
34.9% year-over-year change
Average people per household
2
Non-family households
116
Family households
58
Value Percent YoY change
Non-family households 116 66.7% 34.9%
Family households 58 33.3% 34.9%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Franklin

The housing landscape of Franklin

Franklin's housing consists of 174 units, with 24.7% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 3.4% and offer a more compact, shared living style.

Housing units
174
34.9% year-over-year change
Housing types
Value Percent
1 unit, detached 43 24.7%
1 unit, attached 6 3.4%
2 units 25 14.4%
20 to 49 units 100 57.5%
Homes built since 2020
0
% year-over-year change

The age of buildings in Franklin

In Franklin, the median construction year is 1938. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 98 56.3% 32.4%
Built between 1980 and 1989 76 43.7% 38.2%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Franklin occupancy rates

Out of the 174 occupied housing units in Franklin, 28.2% are owner-occupied, while 71.8% are lived in by tenants.

Occupied housing units
174
34.9% year-over-year change
Occupancy breakdown
Renter occupied
125
Owner occupied
49
Value Percent YoY
change
Renter occupied 125 71.8% 60.3%
Owner occupied 49 28.2% -3.9%
Unoccupied housing units
0.0%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Franklin housing costs

Housing costs in Franklin come to a median of $501 per month, while tenants specifically pay a median gross rent of $507.

Median housing costs per month
$501/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Franklin
$507/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Franklin

Franklin education at a glance

About 37.5% of the population in Franklin went to high school, while 45.3% pursued college studies. Another 3% earned an associate degree and 1.4% hold a bachelor’s. Meanwhile, 2.7% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 30 10.1% -6.2%
High school diploma 111 37.5% -11.9%
College diploma 134 45.3% 109.4%
Associate degree 9 3% 12.5%
Bachelor's degree 4 1.4% 0.0%
Graduate degree 8 2.7% 0.0%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Franklin

How much people earn in Franklin

The average annual household income in Franklin was $29,159 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +31% change from the previous year. At the same time, the median income stood at $26,193, reflecting a +77.7% shift over the same period.

Average household income in Franklin
$29,159/year
31.0% year-over-year change
Median household income in Franklin
$26,193/year
77.7% year-over-year change

Franklin income by age

Those with someone between 45 and 64 in charge, often well established professionally, earn $26,648 overall. Overall, 49.7% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
45 - 64 $26,648 N/A
Above poverty level
152
Below poverty level
154
Value Percent YoY
change
Above poverty level 152 49.7% 334.3%
Below poverty level 154 50.3% -37.9%

Average renter income in Franklin

To get a better sense of what renters earn on average in Franklin, their median household income was $13,274 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 45.8%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$13,274
Rent-to-income ratio
45.8%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Franklin

Workforce and job types in Franklin

The job market in Franklin is powered by 114 working residents, spread across a range of industries and roles. 72.8% of the working population are employed in professional or administrative positions, while 27.2% are in hands-on or service-based jobs. Also, 17.5% run their own businesses, 70.2% are employed by private companies, and 12.3% work in the public sector.

Workforce demographics

Working population
114
7.5% year-over-year change
White collar
83
Blue collar
31
Value Percent YoY change
White collar 83 72.8% -14.4%
Blue collar 31 27.2% 244.4%
Employer type
Self employees
17.5%
Private companies
70.2%
Governmental workers
12.3%
Not for profit companies
0%
Value Percent YoY change
Self employees 20 17.5% -35.5%
Private companies 80 70.2% 6.7%
Governmental workers 14 12.3% N/A

Transportation in Franklin

How people get around in Franklin

In Franklin, the average commute time is 28 minutes.

Commute time
28 min
Means of transportation
Value Percent YoY change
Car 75 79.8% 82.9%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

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FAQs about Franklin demographics 

What is the total population of Franklin?

Franklin has a total population of 373 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +4.8% compared to a year ago.

What is the gender ratio in Franklin?

The gender ratio in Franklin is as follows:
  • 57.6% males (215 residents)
  • 42.4% females (158 residents)

What is the median age in Franklin?

The median age in Franklin is 55.8.

What is the age distribution of the population in Franklin?

The age distribution in Franklin is as follows:
  • Under 15: 15.8% (59 residents)
  • Ages 15-24: 10.5% (39 residents)
  • Ages 25-44: 9.1% (34 residents)
  • Ages 45-64: 41.3% (154 residents)
  • Over 65: 23.3% (87 residents)

What is the racial and ethnic makeup of Franklin?

The racial and ethnic makeup of Franklin is as follows:
  • White: 97.6% (364 residents)
  • Black or African American: 2.4% (9 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 0% (0 residents)
  • Other: 0% (0 residents)

What percentage of the population in Franklin are U.S.-born citizens?

U.S.-born citizens represent 100% of the population in Franklin.

How many housing units are there in Franklin?

There are 174 housing units in Franklin, reflecting a +34.9% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Franklin and what is the average household size?

Franklin has a total of 174 households, with an average of 2 people in each.

What is the median household income in Franklin?

Franklin has a median household income of $26,193, representing a +77.7% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Franklin?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 72.8% (83 residents)
  • Blue-collar workers: 27.2% (31 residents)

Places of employment:
  • Self-employed: 17.5% (20 residents)
  • Private companies: 70.2% (80 residents)
  • Governmental workers: 12.3% (14 residents)
  • Not-for-profit companies: 0% (0 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025