Georgia · Census place 31320
Franklin Springs city, GA
Quick answer
Franklin Springs city has 1,086 residents, ranking #371 of 675 places in Georgia. Median household income is $78,542, the median home is worth $179,500 and median gross rent runs $962 a month.
- Population
- 1,086Franklin Springs city residents
- Median household income
- $78,542Past 12 months, inflation adjusted
- Median home value
- $179,500Owner-occupied units
- Median gross rent
- $962Rent plus utilities, monthly
- Median age
- 23.2 yrsAll residents
- Homeownership rate
- 56.1%Owner-occupied households
What the numbers mean in Franklin Springs city
Housing cost measured against local earnings.
A household earning the Franklin Springs city median would spend about 14.7% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.7% of residents and 56.1% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Georgia.
- Tunnel Hill city 1,122
- Lumber City city 1,113
- Young Harris city 1,087
- Arlington city 1,083
- Jekyll Island CDP 1,078
- Oglethorpe city 1,069
- Omega city 1,058
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