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The total population of Franklin County is estimated to be 54,838 with 27,147 males (49.50%) and 27,691 females (50.50%). There are 544 more females than males in Franklin County.
The median household income in Franklin County was $64,495 in 2021, which marked an an increase of 156(0.24%) from $64,339 in 2020. This income is 86.45% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Franklin County sees its highest median household income among householders in the age group of 25 to 44 years old, at $83,292. Overall, the median household income for the county of Franklin County stands at $64,495.
In Franklin County, the median income for all workers aged 15 years and older, regardless of work hours, was $41,266 for males and $23,899 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $60,750 for males and $45,200 for females.
In Franklin County, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, Asian households have the highest median household income at $117,399, while Two or More Races households represent the opposite end with the lowest median household income of $46,215.
In 2022, the population of Franklin County was 55,074, a 0.12% increase year-by-year from 2021. Previously, in 2021, Franklin County's population was 55,010, an increase of 0.96% compared to a population of 54,486 in 2020.
The median age in Franklin County, VA is 48.1, as per 2021 ACS 5-Year Estimates. Of the total population, 15.22% were under the age of 15, 16.97% aged 15 to 29, 44.31% aged 30 to 64, 21.32% aged 65 to 84, and 2.18% were 85 years of age and older.
Racial distribution of Franklin County population: 88.28% are White, 7.73% are Black or African American, 0.38% are American Indian and Alaska Native, 0.66% are Asian, 0.01% are Native Hawaiian and other Pacific Islander, 0.43% are some other race and 2.50% are multiracial.