Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 49.8 yrs |
|---|---|
| Avg HH Size | 2.02 |
| Below Poverty | 17.6% ▲ 76% above avg |
| College Grads | 29.7% ▼ 23% below avg |
| Unemployment | 6.9% ▲ 40% above avg |
| No HS Diploma | 4 (0.5%) |
| HS Graduate | 279 (36.1%) |
| Some College | 136 (17.6%) |
| Associates | 124 (16.1%) |
| Bachelors | 84 (10.9%) |
| Graduate Degree | 145 (18.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $51,207 ▼ 33% below avg |
|---|---|
| Median Home Value | $101,000 ▼ 64% below avg |
| Home/Income Ratio | 2.0x (nat avg ~3.5x) |
| Median Rent | $500/mo |
| Total Housing Units | 621 |
| Vacant Units | 95 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Franklin is a city in Nebraska, located in Franklin County. The city spans 1 ZIP code and is home to approximately 1,094 residents. It is a mature city, with a median age of 49.8 years.
Economically, Franklin is a working-class community. The median household income of $51,207 is below the national average. Approximately 17.6% of residents live below the poverty line. The unemployment rate is 6.9%, above the national average.
The real estate market in Franklin is one of the more affordable housing markets in the country. Median home values stand at $101,000, which is well below the national average. Renters typically pay around $500 per month. Homeownership is high at 81.4%, typical of suburban and family-oriented communities.
The population of Franklin is moderately educated. 29.7% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (90.22%).
Franklin, NE offers residents a cost-conscious lifestyle within Nebraska.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 68939 | 1,094 | $51,207 | $101,000 | $500 | 6.9% | 29.7% | 81.4% |