Living in Franklin, Arizona

Cost of living, income, home prices, rent and demographics of Franklin · Census data 2020–2024

Franklin has 103 residents with a median age of 44.8. The median household income is $79,327 (about the same as the Arizona median), the median home value is $115,400.

Franklin is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Franklin at a glance

Population
103
Median age
44.8State: 39
Median household income
$79,327State: $79,964
Median home value
$115,400State: $394,500
Homeowners
100%
Bachelor's degree or higher
6.5%
Average commute
39 min

Is Franklin a good place to live?

Pros: Home values 71% lower than the state median.

Cons: Median household income about the same as the Arizona median; an average commute of 39 minutes.

The weather is best in March–April and October–November.

Cost of living in Franklin

Housing is the biggest part of the cost of living. In Franklin the median home value is $115,400, 65% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.

Median home value

Franklin$115,400
Arizona$394,500
United States$332,700

Median monthly rent

Arizona$1,543
United States$1,413

Franklin median household income

The median household income in Franklin is $79,327 and the income per person is $48,869. 0% of residents live below the poverty line (Arizona: 12.5%).

Median household income

Franklin$79,327
Arizona$79,964
United States$80,734

Housing in Franklin: homes for sale and rent

Housing units
73
Owner-occupied
100%
Renter-occupied
0%
Vacant
47.9%Includes seasonal homes
Median year built
1985
Average household size
2.71

47.9% of homes are vacant most of the year, a sign that Franklin has many vacation and second homes.

Franklin demographics

Population
103
Median age
44.8
Under 18
20.4%
65 and older
0%
Households
38
Foreign-born
0%
Veterans
0%Adults 18+

Race and ethnicity

White100%
Hispanic or Latino0%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Franklin ›

Education in Franklin

6.5% of adults 25 and older in Franklin have a bachelor's degree or higher (Arizona: 33.3%), and 0% have a graduate or professional degree.

Bachelor's degree or higher

Franklin6.5%
Arizona33.3%
United States35.7%

Jobs and commute in Franklin

Unemployment rate
0%State: 5.1%
Average commute
39 minState: 25 min
Work from home
0%
Drive alone
46.5%
Public transit
0%
Walk to work
0%
Homes with broadband
100%

Franklin vs nearby towns

TownPopulationMedian incomeHome valueRent
Franklin103$79,327$115,400—
Virden175$126,094$207,600—
Duncan969$33,529$139,000$665
York399$83,097$166,700—
Clifton3,822$78,480$66,000$607
Glen Acres247$99,688$159,600—
San Simon244$41,111$43,700—
Morenci1,673$69,583—$708
Lordsburg2,057$36,607$86,200$826

More for people moving to Franklin

Franklin ZIP code ›Weather and climate ›

Living in Franklin: FAQ

What is the median household income in Franklin, AZ?

The median household income in Franklin is $79,327, about the same as the Arizona median of $79,964 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Franklin?

The median home value in Franklin is $115,400, compared with $394,500 in Arizona.

Is Franklin, AZ a good place to live?

Pluses: home values 71% lower than the state median. Minuses: median household income about the same as the Arizona median; an average commute of 39 minutes.

What is the median age in Franklin?

The median age in Franklin is 44.8 years (Arizona: 39).

How long is the commute in Franklin?

The average commute to work in Franklin is 39 minutes; 0% of workers work from home.

What is the unemployment rate in Franklin?

The unemployment rate in Franklin is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Franklin?

6.5% of adults in Franklin have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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