Nebraska · Census place 17530
Franklin city, NE
Quick answer
Franklin city has 908 residents, ranking #133 of 593 places in Nebraska. Median household income is $51,121, the median home is worth $93,800 and median gross rent runs $492 a month.
- Population
- 908Franklin city residents
- Median household income
- $51,121Past 12 months, inflation adjusted
- Median home value
- $93,800Owner-occupied units
- Median gross rent
- $492Rent plus utilities, monthly
- Median age
- 48.8 yrsAll residents
- Homeownership rate
- 81.7%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 11.5% 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 1.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13.1% of residents and 81.7% 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 Nebraska.
- Henderson city 918
- Emerson village 912
- Doniphan village 910
- Randolph city 903
- Rushville city 890
- Walthill village 889
- Arnold village 887
Keep going
More Nebraska coverage.