Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 47.1 yrs |
|---|---|
| Avg HH Size | 2.28 |
| Below Poverty | 10.7% ≈ Avg |
| College Grads | 32.6% ▼ 16% below avg |
| Unemployment | 6.9% ▲ 41% above avg |
| No HS Diploma | 167 (1.6%) |
| HS Graduate | 4,393 (42.4%) |
| Some College | 1,192 (11.5%) |
| Associates | 1,233 (11.9%) |
| Bachelors | 961 (9.3%) |
| Graduate Degree | 2,411 (23.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $62,233 ▼ 18% below avg |
|---|---|
| Median Home Value | $120,400 ▼ 57% below avg |
| Home/Income Ratio | 1.9x (nat avg ~3.5x) |
| Median Rent | $762/mo |
| Total Housing Units | 7,088 |
| Vacant Units | 841 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Franklin is a city in Pennsylvania, located in Venango County. The city spans 1 ZIP code and is home to approximately 14,694 residents. It is a mature city, with a median age of 47.1 years.
Economically, Franklin is a solidly middle-class community. The median household income of $62,233 is below the national average. Approximately 10.7% 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 $120,400, which is well below the national average. Renters typically pay around $762 per month. Homeownership is high at 71.1%, typical of suburban and family-oriented communities.
The population of Franklin is moderately educated. 32.6% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (92.18%).
Franklin, PA offers residents a cost-conscious lifestyle within Pennsylvania.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 16323 | 14,694 | $62,233 | $120,400 | $762 | 6.9% | 32.6% | 71.1% |