Franklin (city) County VA Information

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Franklin (city) County Subdivisions

Franklin (city) County VA Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 8,608
Daytime Population: Workers 4,545
Daytime Population: Residents 5,269
Total Daytime Population (TDP) 9,814
Ratio TDP/Total Population1 1.14
Population in Households 8,479
Population in Familes 6,878
Population in Group Qrtrs 129
Population Density2 1,049
Diversity Index3 55
 

INCOME

Median Household Income $33,635
Average Household Income $50,234
Per Capita Income $20,899

HOUSING

Total Housing Units 3,941 (100%)
Owner Occupied HU 1,676 (42.5%)
Renter Occupied HU 1,865 (47.3%)
Vacant Housing Units 400 (10.1%)
Median Home Value $185,497
Average Home Value $212,992
 

HOUSEHOLDS

Total Households 3,541
Average Household Size 2.39
Family Households 2,316
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population 0.04% 0.09%
Households 0.04% 0.1%
Families -0.12% -0.01%
Median Household Income   0.66%
Per Capita Income   2.12%

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Franklin (city) County VA - Peer Comparisons by Rank and Percentile

The table below compares Franklin (city) County to the other 133 counties / independent cities and county equivalents in Virginia by rank and percentile using July 1, 2017 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 119 11th
Population Density # 34 75th
Diversity Index # 39 71st
Median Household Income # 129 4th
Per Capita Income # 109 19th

Additional comparisons and rankings can be made with a VERY EASY TO USE Virginia Census Data Comparison Tool.