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Franklin, MD

Comprehensive demographics, housing data, local amenities, and economic statistics for Franklin.

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Community Insights

Affordable Market
$102k median home
lower cost than 91% of the country
Transit
84/100
excellent transit access
Leading Industries
Education · Professional Services · Arts, Food & Hospitality
6% education
Home Value Growth⬆⬆
+15.7% over 2 years
Retirees
25% of residents
above average nationally
Homeowners
77% of occupied units

People & Demographics

Total Population246
Households
Under 18
15.0%
Age 18–34
23.0%
Age 35–64
38.0%
Age 65+
25.0%
Veterans
10.0%
Active Duty
1.0%

Housing & Living

Median Home Value$102,100
Median Gross Rent$548/mo
Owner Occupied
77.2%
Renter Occupied
22.8%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$49,911
Poverty Rate

Key Industries

Healthcare12.0%
Professional Services3.0%
Manufacturing0.0%
Retail9.0%
Education6.0%

Amenities & Transit

Transit Score84 / 100
Walkability / Amenities55 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
19.0%
Master's or Higher
7.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of Franklin?

The total population of Franklin is approximately 246. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Franklin walkable and transit-friendly?

Based on local geographic data, Franklin has an amenity and walkability score of 55/100 and a transit score of 84/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Franklin?

The housing market in Franklin is predominantly driven by homeowners, with 77% of housing units being owner-occupied and 23% being renter-occupied.

What is the education level of residents in Franklin?

In Franklin, approximately 19% of adult residents hold a bachelor's degree or higher. Additionally, 7% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.