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The total population of Franklin township is estimated to be 3,870 with 2,096 males (54.16%) and 1,774 females (45.84%). There are 322 less females than males in Franklin township.
The median household income in Franklin township was $84,191 in 2021, which marked an an increase of 1,423(1.72%) from $82,768 in 2020. This income is 112.85% 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 township sees its highest median household income among householders in the age group of 45 to 64 years old, at $134,280. Overall, the median household income for the township of Franklin township stands at $84,191.
In Franklin township, the median income for all workers aged 15 years and older, regardless of work hours, was $60,222 for males and $30,063 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $74,956 for males and $53,435 for females.
In Franklin township, population is primarily represented by White households, reporting a median income of $83,860.
In 2022, the population of Franklin township was 3,808, a 0.99% decrease year-by-year from 2021. Previously, in 2021, Franklin township's population was 3,846, a decline of 0.80% compared to a population of 3,877 in 2020.
The median age in Franklin township, Beaver County, Pennsylvania is 48.3, as per 2021 ACS 5-Year Estimates. Of the total population, 15.56% were under the age of 15, 12.22% aged 15 to 29, 54.47% aged 30 to 64, 13.84% aged 65 to 84, and 3.90% were 85 years of age and older.
Racial distribution of Franklin township population: 98.56% are White, 0.08% are Black or African American, 0.05% are some other race and 1.31% are multiracial.