Franklin, AL population, income and ZIP codes

Franklin town is a very small community in Alabama, with 899 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #337 of 593 ranked by population — larger than 43% of them. The median age here is 47.9 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Franklin town earn a median of $83,480 a year, 6.3% above the national figure of $78,538 and 50% above the $55,687 median for the 322 Alabama cities we cover. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 15.9% of residents here, above the 12.4% national rate.

The typical owner-occupied home in Franklin town is valued at $75,300, 75.2% below the national figure and 52% below the $158,200 peer median, while median gross rent runs $731 a month, 48% below the national figure, or roughly $8,772 across a full year. A household on the local median income would put about 10.5% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 0.9×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 84.7% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

Median income runs above the national figure while poverty also runs above it — a split distribution, not a uniformly comfortable place. Averages hide that; the two numbers together do not. With 899 residents, a handful of survey responses moves every median on this page. Compare Franklin town against its county rather than against national figures.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.