Living in Franklin, California
Cost of living, income, home prices, rent and demographics of Franklin · Census data 2020–2024
Franklin has 7,392 residents with a median age of 35.4. The median household income is $58,295 (41% lower than the California median), the median home value is $308,200, the median rent is $1,399/month.
Franklin at a glance
- Population
- 7,392
- Median age
- 35.4State: 37.9
- Median household income
- $58,295State: $99,122
- Median home value
- $308,200State: $734,700
- Median rent
- $1,399/moState: $2,036
- Homeowners
- 79%
- Bachelor's degree or higher
- 13.2%
- Average commute
- 23 min
Is Franklin a good place to live?
Pros: Home values 58% lower than the state median; an average commute of 23 minutes.
Cons: Median household income 41% lower than the California median; unemployment of 6.9%; a poverty rate of 22.9%.
The weather is best in April–May and September–October.
Cost of living in Franklin
Housing is the biggest part of the cost of living. In Franklin the median home value is $308,200, 7% lower than the U.S. median. Renters pay a median of $1,399 per month, which is 29.9% of household income. Homeowners with a mortgage pay $1,716 a month in housing costs.
Franklin median household income
The median household income in Franklin is $58,295 and the income per person is $22,416. 22.9% of residents live below the poverty line (California: 12%).
Housing in Franklin: homes for sale and rent
- Housing units
- 2,345
- Owner-occupied
- 79%
- Renter-occupied
- 21%
- Vacant
- 6.2%Includes seasonal homes
- Median year built
- 1987
- Average household size
- 3.36
Franklin demographics
- Population
- 7,392
- Median age
- 35.4
- Under 18
- 26.7%
- 65 and older
- 14.2%
- Households
- 2,199
- Foreign-born
- 23.6%
- Veterans
- 2.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Franklin ›
Education in Franklin
13.2% of adults 25 and older in Franklin have a bachelor's degree or higher (California: 37.1%), and 0.9% have a graduate or professional degree.
Jobs and commute in Franklin
- Unemployment rate
- 6.9%State: 6.6%
- Average commute
- 23 minState: 29 min
- Work from home
- 7.2%
- Drive alone
- 82.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 80.8%
Franklin vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Franklin | 7,392 | $58,295 | $308,200 | $1,399 |
| McSwain | 5,783 | $139,131 | $690,100 | $1,516 |
| Merced | 91,953 | $63,122 | $372,600 | $1,393 |
| Atwater | 32,162 | $64,472 | $363,400 | $1,279 |
| Winton | 11,797 | $57,015 | $339,400 | $1,156 |
| Bear Creek | 346 | $153,088 | — | — |
| Cressey | 386 | $90,333 | $225,000 | — |
| Livingston | 14,606 | $74,494 | $372,700 | $1,315 |
| Planada | 3,506 | $42,727 | $266,400 | $1,036 |
More for people moving to Franklin
Franklin ZIP code ›Weather and climate ›Living in Franklin: FAQ
What is the median household income in Franklin, CA?
The median household income in Franklin is $58,295, 41% lower than the California median of $99,122 (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 $308,200, compared with $734,700 in California.
How much is rent in Franklin?
The median gross rent in Franklin is $1,399 per month, about 29.9% of household income.
Is Franklin, CA a good place to live?
Pluses: home values 58% lower than the state median; an average commute of 23 minutes. Minuses: median household income 41% lower than the California median; unemployment of 6.9%; a poverty rate of 22.9%.
What is the median age in Franklin?
The median age in Franklin is 35.4 years (California: 37.9).
How long is the commute in Franklin?
The average commute to work in Franklin is 23 minutes; 7.2% of workers work from home.
What is the unemployment rate in Franklin?
The unemployment rate in Franklin is 6.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Franklin?
13.2% 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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