Franklin (city) County VA Information
Franklin (city) County VA Data & Demographics (As of July 1, 2020)
|Total Population ||8,216 (100%) |
|Population in Households ||8,087 (98.4%) |
|Population in Families ||6,542 (79.6%) |
|Population in Group Quarters1 ||129 ( 1.6%) |
|Population Density ||1,001 |
|Diversity Index2 ||55 |
|Median Household Income ||$43,297 |
|Average Household Income ||$66,839 |
|% of Income for Mortgage4 || 17% |
|Per Capita Income ||$27,441 |
|Wealth Index5 || 75 |
|Total HU (Housing Units) ||3,857 (100%) |
|Owner Occupied HU ||1,894 (49.1%) |
|Renter Occupied HU ||1,476 (38.3%) |
|Vacant Housing Units ||487 (12.6%) |
|Median Home Value ||$175,075 |
|Average Home Value ||$192,727 |
|Housing Affordability Index3 ||140 |
|Total Households ||3,370 |
|Average Household Size ||2.4 |
|Family Households ||2,195 |
|Average Family Size ||3 |
GROWTH RATE / YEAR
|2010-2020 ||2020-2025 |
|Population ||-0.42% ||-0.78% |
|Households ||-0.45% ||-0.8% |
|Families ||-0.61% ||-0.91% |
|Median Household Income || ||1.21% |
|Per Capita Income || ||1.83% |
|Owner Occupied HU || ||-0.73% |
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, 2020 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 |
|Median Household Income ||# 100 ||26th |
|Housing Affordability Index ||# 37 ||28th |
|Per Capita Income ||# 71 ||47th |
|Diversity Index ||# 44 ||69th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Virginia Census Data Comparison Tool.
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