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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

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