Living in Franklin Springs, Georgia

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

Franklin Springs has 1,108 residents with a median age of 22.9. The median household income is $75,729 (about the same as the Georgia median), the median home value is $207,500, the median rent is $939/month.

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

Franklin Springs at a glance

Population
1,108
Median age
22.9State: 37.6
Median household income
$75,729State: $77,353
Median home value
$207,500State: $303,300
Median rent
$939/moState: $1,393
Homeowners
55.3%
Bachelor's degree or higher
29.2%
Average commute
22 min

Is Franklin Springs a good place to live?

Pros: Home values 32% lower than the state median; an average commute of 22 minutes; a poverty rate of 9.3%.

Cons: Median household income about the same as the Georgia median; unemployment of 7.2%.

The weather is best in April–May and September–October.

Cost of living in Franklin Springs

Housing is the biggest part of the cost of living. In Franklin Springs the median home value is $207,500, 38% lower than the U.S. median. Renters pay a median of $939 per month, which is 25% of household income. Homeowners with a mortgage pay $1,370 a month in housing costs.

Median home value

Franklin Springs$207,500
Georgia$303,300
United States$332,700

Median monthly rent

Franklin Springs$939
Georgia$1,393
United States$1,413

Franklin Springs median household income

The median household income in Franklin Springs is $75,729 and the income per person is $29,143. 9.3% of residents live below the poverty line (Georgia: 13.4%).

Median household income

Franklin Springs$75,729
Georgia$77,353
United States$80,734

Housing in Franklin Springs: homes for sale and rent

Housing units
296
Owner-occupied
55.3%
Renter-occupied
44.7%
Vacant
13.9%Includes seasonal homes
Median year built
1979
Average household size
2.77

Franklin Springs demographics

Population
1,108
Median age
22.9
Under 18
9.9%
65 and older
12.7%
Households
255
Foreign-born
10.9%
Veterans
1.8%Adults 18+

Race and ethnicity

White66.2%
Hispanic or Latino7.9%
Black18.3%
Asian2.9%

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

Education in Franklin Springs

29.2% of adults 25 and older in Franklin Springs have a bachelor's degree or higher (Georgia: 34.9%), and 14.3% have a graduate or professional degree.

Bachelor's degree or higher

Franklin Springs29.2%
Georgia34.9%
United States35.7%

Jobs and commute in Franklin Springs

Unemployment rate
7.2%State: 5.1%
Average commute
22 minState: 28 min
Work from home
16.8%
Drive alone
59.7%
Public transit
0%
Walk to work
13%
Homes with broadband
89.4%

Franklin Springs vs nearby towns

TownPopulationMedian incomeHome valueRent
Franklin Springs1,108$75,729$207,500$939
Royston2,258$34,435$220,800$545
Canon879$42,308$118,300$857
Bowersville522$60,625$87,500$945
Carnesville852$85,000$200,000$919
Bowman804$40,625$99,000$712
Lavonia2,279$36,859$198,100$904
Ila526$54,375$205,300$945
Danielsville952$67,500$219,900$719

More for people moving to Franklin Springs

Franklin Springs ZIP code ›Weather and climate ›

Living in Franklin Springs: FAQ

What is the median household income in Franklin Springs, GA?

The median household income in Franklin Springs is $75,729, about the same as the Georgia median of $77,353 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Franklin Springs?

The median home value in Franklin Springs is $207,500, compared with $303,300 in Georgia.

How much is rent in Franklin Springs?

The median gross rent in Franklin Springs is $939 per month, about 25% of household income.

Is Franklin Springs, GA a good place to live?

Pluses: home values 32% lower than the state median; an average commute of 22 minutes; a poverty rate of 9.3%. Minuses: median household income about the same as the Georgia median; unemployment of 7.2%.

What is the median age in Franklin Springs?

The median age in Franklin Springs is 22.9 years (Georgia: 37.6).

How long is the commute in Franklin Springs?

The average commute to work in Franklin Springs is 22 minutes; 16.8% of workers work from home.

What is the unemployment rate in Franklin Springs?

The unemployment rate in Franklin Springs is 7.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Franklin Springs?

29.2% of adults in Franklin Springs 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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