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The total population of Franklin Springs is estimated to be 1,040 with 528 males (50.77%) and 512 females (49.23%). There are 16 less females than males in Franklin Springs.
The median household income in Franklin Springs was $48,753 in 2021, which marked an a decrease of 1,429(2.85%) from $50,182 in 2020. This income is 65.35% 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 Springs sees its highest median household income among householders in the age group of 45 to 64 years old, at $83,095. Overall, the median household income for the city of Franklin Springs stands at $48,753.
In Franklin Springs, the median income for all workers aged 15 years and older, regardless of work hours, was $22,269 for males and $30,288 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $57,762 for males and $42,020 for females.
In Franklin Springs, there are just two different racial groups among households. Among these, White households report a median household income of $58,099, while Black or African American households have a median household income of $26,197.
In 2022, the population of Franklin Springs was 1,156, a 30.92% increase year-by-year from 2021. Previously, in 2021, Franklin Springs's population was 883, a decline of 23.55% compared to a population of 1,155 in 2020.
The median age in Franklin Springs, GA is 26.7, as per 2021 ACS 5-Year Estimates. Of the total population, 13.55% were under the age of 15, 43.07% aged 15 to 29, 25.00% aged 30 to 64, 16.77% aged 65 to 84, and 1.61% were 85 years of age and older.
Racial distribution of Franklin Springs population: 85.84% are White, 9.64% are Black or African American, 0.90% are Asian, 1.71% are some other race and 1.91% are multiracial.