Living in Franklin, Georgia
Cost of living, income, home prices, rent and demographics of Franklin · Census data 2020–2024
Franklin has 958 residents with a median age of 52.4. The median household income is $32,917 (57% lower than the Georgia median), the median home value is $366,700, the median rent is $570/month.
Franklin is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Franklin at a glance
- Population
- 958
- Median age
- 52.4State: 37.6
- Median household income
- $32,917State: $77,353
- Median home value
- $366,700State: $303,300
- Median rent
- $570/moState: $1,393
- Homeowners
- 29.1%
- Bachelor's degree or higher
- 13.2%
- Average commute
- 23 min
Is Franklin a good place to live?
Pros: An average commute of 23 minutes.
Cons: Median household income 57% lower than the Georgia median; home values 21% higher than the state median; a poverty rate of 26%.
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 $366,700, 10% higher than the U.S. median. Renters pay a median of $570 per month, which is 26.3% of household income. Homeowners with a mortgage pay $1,595 a month in housing costs.
Franklin median household income
The median household income in Franklin is $32,917 and the income per person is $24,523. 26% of residents live below the poverty line (Georgia: 13.4%).
Housing in Franklin: homes for sale and rent
- Housing units
- 496
- Owner-occupied
- 29.1%
- Renter-occupied
- 70.9%
- Vacant
- 12.7%Includes seasonal homes
- Median year built
- 1969
- Average household size
- 2.03
Franklin demographics
- Population
- 958
- Median age
- 52.4
- Under 18
- 13%
- 65 and older
- 22.4%
- Households
- 433
- Foreign-born
- 0.8%
- Veterans
- 4.7%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 (Georgia: 34.9%), and 9.4% have a graduate or professional degree.
Jobs and commute in Franklin
- Unemployment rate
- 0%State: 5.1%
- Average commute
- 23 minState: 28 min
- Work from home
- 2.6%
- Drive alone
- 74.1%
- Public transit
- 4.8%
- Walk to work
- 6.4%
- Homes with broadband
- 76%
Franklin vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Franklin | 958 | $32,917 | $366,700 | $570 |
| Centralhatchee | 662 | $43,698 | — | $1,266 |
| Roopville | 467 | $78,036 | $231,300 | — |
| Ephesus | 642 | $61,250 | $150,600 | $583 |
| Rock Mills | 387 | $25,071 | $74,100 | — |
| Hogansville | 3,246 | $62,620 | $182,400 | $1,373 |
| Grantville | 3,251 | $69,283 | $198,700 | $1,380 |
| LaGrange | 32,078 | $43,708 | $216,300 | $1,073 |
| Whitesburg | 525 | $55,938 | $168,800 | $788 |
More for people moving to Franklin
Franklin ZIP code ›Weather and climate ›Living in Franklin: FAQ
What is the median household income in Franklin, GA?
The median household income in Franklin is $32,917, 57% lower than 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?
The median home value in Franklin is $366,700, compared with $303,300 in Georgia.
How much is rent in Franklin?
The median gross rent in Franklin is $570 per month, about 26.3% of household income.
Is Franklin, GA a good place to live?
Pluses: an average commute of 23 minutes. Minuses: median household income 57% lower than the Georgia median; home values 21% higher than the state median; a poverty rate of 26%.
What is the median age in Franklin?
The median age in Franklin is 52.4 years (Georgia: 37.6).
How long is the commute in Franklin?
The average commute to work in Franklin is 23 minutes; 2.6% 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?
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.
Last updated: