Living in Franklin, Louisiana
Cost of living, income, home prices, rent and demographics of Franklin · Census data 2020–2024
Franklin has 6,461 residents with a median age of 37.7. The median household income is $39,518 (35% lower than the Louisiana median), the median home value is $104,400, the median rent is $814/month.
Franklin at a glance
- Population
- 6,461
- Median age
- 37.7State: 38
- Median household income
- $39,518State: $60,756
- Median home value
- $104,400State: $216,500
- Median rent
- $814/moState: $1,064
- Homeowners
- 60.8%
- Bachelor's degree or higher
- 9.9%
- Average commute
- 21 min
Is Franklin a good place to live?
Pros: Home values 52% lower than the state median; an average commute of 21 minutes; unemployment of 2.8%.
Cons: Median household income 35% lower than the Louisiana median; a poverty rate of 27.3%.
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 $104,400, 69% lower than the U.S. median. Renters pay a median of $814 per month, which is 28.6% of household income. Homeowners with a mortgage pay $1,233 a month in housing costs.
Franklin median household income
The median household income in Franklin is $39,518 and the income per person is $22,051. 27.3% of residents live below the poverty line (Louisiana: 18.9%).
Housing in Franklin: homes for sale and rent
- Housing units
- 2,904
- Owner-occupied
- 60.8%
- Renter-occupied
- 39.2%
- Vacant
- 18.9%Includes seasonal homes
- Median year built
- 1966
- Average household size
- 2.68
Franklin demographics
- Population
- 6,461
- Median age
- 37.7
- Under 18
- 28.2%
- 65 and older
- 18.8%
- Households
- 2,354
- Foreign-born
- 2.4%
- Veterans
- 5.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Franklin ›
Education in Franklin
9.9% of adults 25 and older in Franklin have a bachelor's degree or higher (Louisiana: 27%), and 2.3% have a graduate or professional degree.
Jobs and commute in Franklin
- Unemployment rate
- 2.8%State: 6.3%
- Average commute
- 21 minState: 26 min
- Work from home
- 5.4%
- Drive alone
- 83.2%
- Public transit
- 0%
- Walk to work
- 0.8%
- Homes with broadband
- 84.8%
Franklin vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Franklin | 6,461 | $39,518 | $104,400 | $814 |
| Baldwin | 1,962 | $31,669 | $129,400 | $953 |
| Centerville | 685 | $74,509 | $320,400 | — |
| Charenton | 1,440 | $63,463 | $122,400 | $1,052 |
| Glencoe | 144 | $30,742 | $9,999 | — |
| Sorrel | 564 | $62,578 | — | — |
| Jeanerette | 4,655 | $43,438 | $98,200 | $779 |
| Patterson | 5,744 | $49,886 | $160,400 | $878 |
| Bayou Vista | 3,842 | $40,500 | $144,700 | $864 |
More for people moving to Franklin
Franklin ZIP code ›Weather and climate ›Living in Franklin: FAQ
What is the median household income in Franklin, LA?
The median household income in Franklin is $39,518, 35% lower than the Louisiana median of $60,756 (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 $104,400, compared with $216,500 in Louisiana.
How much is rent in Franklin?
The median gross rent in Franklin is $814 per month, about 28.6% of household income.
Is Franklin, LA a good place to live?
Pluses: home values 52% lower than the state median; an average commute of 21 minutes; unemployment of 2.8%. Minuses: median household income 35% lower than the Louisiana median; a poverty rate of 27.3%.
What is the median age in Franklin?
The median age in Franklin is 37.7 years (Louisiana: 38).
How long is the commute in Franklin?
The average commute to work in Franklin is 21 minutes; 5.4% of workers work from home.
What is the unemployment rate in Franklin?
The unemployment rate in Franklin is 2.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Franklin?
9.9% 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: