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The total population of Franklin is estimated to be 856 with 442 males (51.64%) and 414 females (48.36%). There are 28 less females than males in Franklin.
The median household income in Franklin was $59,450 in 2021, which marked an an increase of 10,519(21.50%) from $48,931 in 2020. This income is 79.69% 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 sees its highest median household income among householders in the age group of 25 to 44 years old, at $63,310. Overall, the median household income for the city of Franklin stands at $59,450.
In Franklin, the median income for all workers aged 15 years and older, regardless of work hours, was $41,735 for males and $15,403 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $46,953 for males and $26,460 for females.
In Franklin, population is primarily represented by White households, reporting a median income of $51,193.
In 2022, the population of Franklin was 1,098, a 3.68% increase year-by-year from 2021. Previously, in 2021, Franklin's population was 1,059, an increase of 2.82% compared to a population of 1,030 in 2020.
The median age in Franklin, ID is 26.0, as per 2021 ACS 5-Year Estimates. Of the total population, 31.56% were under the age of 15, 28.01% aged 15 to 29, 31.94% aged 30 to 64, 7.98% aged 65 to 84, and 0.51% were 85 years of age and older.
Racial distribution of Franklin population: 86.82% are White, 3.93% are American Indian and Alaska Native, 7.10% are some other race and 2.15% are multiracial.