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The total population of Franklin is estimated to be 6,666 with 3,290 males (49.35%) and 3,376 females (50.65%). There are 86 more females than males in Franklin.
The median household income in Franklin was $36,092 in 2021, which marked an a decrease of 8,320(18.73%) from $44,412 in 2020. This income is 48.38% 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 $48,159. Overall, the median household income for the city of Franklin stands at $36,092.
In Franklin, the median income for all workers aged 15 years and older, regardless of work hours, was $24,506 for males and $20,769 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $46,187 for males and $35,041 for females.
In Franklin, there are just two different racial groups among households. Among these, White households report a median household income of $49,992, while Black or African American households have a median household income of $31,030.
In 2022, the population of Franklin was 6,453, a 1.15% decrease year-by-year from 2021. Previously, in 2021, Franklin's population was 6,528, a decline of 2.20% compared to a population of 6,675 in 2020.
The median age in Franklin, LA is 38.0, as per 2021 ACS 5-Year Estimates. Of the total population, 21.29% were under the age of 15, 22.40% aged 15 to 29, 39.13% aged 30 to 64, 15.30% aged 65 to 84, and 1.88% were 85 years of age and older.
Racial distribution of Franklin population: 36.24% are White, 57.99% are Black or African American, 0.68% are American Indian and Alaska Native, 1.01% are some other race and 4.08% are multiracial.