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The total population of Franklinton is estimated to be 2,477 with 1,224 males (49.41%) and 1,253 females (50.59%). There are 29 more females than males in Franklinton.
The median household income in Franklinton was $63,203 in 2021, which marked an an increase of 11,149(21.42%) from $52,054 in 2020. This income is 84.72% 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, Franklinton sees its highest median household income among householders in the age group of 45 to 64 years old, at $70,996. Overall, the median household income for the town of Franklinton stands at $63,203.
In Franklinton, the median income for all workers aged 15 years and older, regardless of work hours, was $29,082 for males and $22,849 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $60,166 for males and $44,756 for females.
In Franklinton, there are just two different racial groups among households. Among these, White households report a median household income of $73,330, while Black or African American households have a median household income of $42,899.
In 2022, the population of Franklinton was 2,657, a 3.59% increase year-by-year from 2021. Previously, in 2021, Franklinton's population was 2,565, an increase of 3.76% compared to a population of 2,472 in 2020.
The median age in Franklinton, NC is 33.1, as per 2021 ACS 5-Year Estimates. Of the total population, 26.19% were under the age of 15, 17.68% aged 15 to 29, 43.75% aged 30 to 64, 10.46% aged 65 to 84, and 1.91% were 85 years of age and older.
Racial distribution of Franklinton population: 55.92% are White, 36.86% are Black or African American, 0.21% are American Indian and Alaska Native, 0.95% are Asian, 1.62% are some other race and 4.44% are multiracial.