North Carolina · Census place 24720
Franklinton town, NC
Quick answer
Franklinton town has 2,562 residents, ranking #293 of 777 places in North Carolina. Median household income is $64,053, the median home is worth $195,800 and median gross rent runs $995 a month.
- Population
- 2,562Franklinton town residents
- Median household income
- $64,053Past 12 months, inflation adjusted
- Median home value
- $195,800Owner-occupied units
- Median gross rent
- $995Rent plus utilities, monthly
- Median age
- 35.4 yrsAll residents
- Homeownership rate
- 67.4%Owner-occupied households
What the numbers mean in Franklinton town
Housing cost measured against local earnings.
A household earning the Franklinton town median would spend about 18.6% 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 3.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.8% of residents and 67.4% 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 North Carolina.
- Marshville town 2,586
- Haw River town 2,581
- Youngsville town 2,581
- Sneads Ferry CDP 2,556
- Valley Hill CDP 2,540
- Fearrington Village CDP 2,535
- South Rosemary CDP 2,522
Keep going
More North Carolina coverage.