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ZipNumbers

Louisiana · Census place 27155

Franklin city, LA

Quick answer

Franklin city has 6,557 residents, ranking #88 of 489 places in Louisiana. Median household income is $46,278, the median home is worth $98,200 and median gross rent runs $861 a month.

Population
6,557Franklin city residents
Median household income
$46,278Past 12 months, inflation adjusted
Median home value
$98,200Owner-occupied units
Median gross rent
$861Rent plus utilities, monthly
Median age
40.2 yrsAll residents
Homeownership rate
58.1%Owner-occupied households

What the numbers mean in Franklin city

Housing cost measured against local earnings.

A household earning the Franklin city median would spend about 22.3% 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 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 28.9% of residents and 58.1% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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