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Franklin, IL

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

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Community Insights

Veteran Community
9% of residents
top 22% nationally
Affordable Market
$119k median home
lower cost than 85% of the country
Leading Industries
Finance & Insurance · Information & Media · Transportation
13% finance & insurance
Home Value Growth⬆⬆⬆
+24.5% over 2 years
Family-Friendly
25% of residents
slightly above average
Homeowners
82% of occupied units

People & Demographics

Total Population639
Households—
Under 18
25.0%
Age 18–34
23.0%
Age 35–64
32.0%
Age 65+
21.0%
Veterans
9.0%
Active Duty
0.0%

Housing & Living

Median Home Value$119,200
Median Gross Rent$836/mo
Owner Occupied
82.3%
Renter Occupied
17.7%
Detached Homes
—
Built Pre-1940
—

Economy & Income

Median Household Income$70,038
Poverty Rate—

Key Industries

Healthcare5.0%
Professional Services1.0%
Manufacturing0.0%
Retail9.0%
Education0.0%

Amenities & Transit

Transit Score28 / 100
Walkability / Amenities39 / 100
Commute < 15m
—
Commute 60m+
—

Education

High School Grad
—
Bachelor's Degree
12.0%
Master's or Higher
5.0%
School Enrollment
—

Frequently Asked Questions

What is the population and demographic makeup of Franklin?›

The total population of Franklin is approximately 639. 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 39/100 and a transit score of 28/100. This indicates the area is mostly car-dependent for daily errands and commuting.

Do more people rent or own homes in Franklin?›

The housing market in Franklin is predominantly driven by homeowners, with 82% of housing units being owner-occupied and 18% being renter-occupied.

What is the education level of residents in Franklin?›

In Franklin, approximately 12% of adult residents hold a bachelor's degree or higher. Additionally, 5% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.