Franklin County VA Information
Franklin County VA Data & Demographics (As of July 1, 2020)
POPULATION |
Total Population | 57,781 (100%) |
Population in Households | 56,622 (98.0%) |
Population in Families | 46,633 (80.7%) |
Population in Group Quarters1 | 1,159 ( 2.0%) |
Population Density | 84 |
Diversity Index2 | 27 |
|
|
INCOME |
Median Household Income | $52,342 |
Average Household Income | $70,161 |
% of Income for Mortgage4 | 17% |
Per Capita Income | $28,457 |
Wealth Index5 | 79 |
|
HOUSING |
Total HU (Housing Units) | 30,902 (100%) |
Owner Occupied HU | 18,905 (61.2%) |
Renter Occupied HU | 4,497 (14.6%) |
Vacant Housing Units | 7,500 (24.3%) |
Median Home Value | $207,125 |
Average Home Value | $300,801 |
Housing Affordability Index3 | 150 |
|
HOUSEHOLDS |
Total Households | 23,402 |
Average Household Size | 2.42 |
Family Households | 16,306 |
Average Family Size | 3 |
GROWTH RATE / YEAR | 2010-2020 | 2020-2025 |
Population | 0.28% | 0.43% |
Households | 0.26% | 0.39% |
Families | 0.13% | 0.29% |
Median Household Income | | 0.71% |
Per Capita Income | | 1.64% |
Owner Occupied HU | | 0.37% |
Franklin County VA - Peer Comparisons by Rank and Percentile
The table below compares Franklin 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 | # 32 | 77th |
Population Density | # 80 | 41st |
Median Household Income | # 68 | 50th |
Housing Affordability Index | # 51 | 38th |
Per Capita Income | # 66 | 51st |
Diversity Index | # 103 | 23rd |
Additional comparisons and rankings can be made with a VERY EASY TO USE Virginia Census Data Comparison Tool.
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