Download
Share
Contents
Save
The total population of Franklin is estimated to be 628 with 367 males (58.44%) and 261 females (41.56%). There are 106 less females than males in Franklin.
The median household income in Franklin was $73,927 in 2021, which marked an a decrease of 2,560(3.35%) from $76,487 in 2020. This income is 99.09% 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 $95,390. Overall, the median household income for the village of Franklin stands at $73,927.
In Franklin, the median income for all workers aged 15 years and older, regardless of work hours, was $60,594 for males and $23,308 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $68,597 for males and $40,804 for females.
In Franklin, population is primarily represented by White households, reporting a median income of $74,119.
In 2022, the population of Franklin was 593, a 1.66% decrease year-by-year from 2021. Previously, in 2021, Franklin's population was 603, a decline of 0.66% compared to a population of 607 in 2020.
The median age in Franklin, IL is 33.8, as per 2021 ACS 5-Year Estimates. Of the total population, 29.12% were under the age of 15, 16.18% aged 15 to 29, 41.32% aged 30 to 64, 11.62% aged 65 to 84, and 1.76% were 85 years of age and older.
Racial distribution of Franklin population: 99.41% are White, 0.44% are Asian and 0.15% are multiracial.