North Carolina · Census place 24740
Franklinville town, NC
Quick answer
Franklinville town has 1,129 residents, ranking #432 of 777 places in North Carolina. Median household income is $53,942, the median home is worth $122,400 and median gross rent runs $969 a month.
- Population
- 1,129Franklinville town residents
- Median household income
- $53,942Past 12 months, inflation adjusted
- Median home value
- $122,400Owner-occupied units
- Median gross rent
- $969Rent plus utilities, monthly
- Median age
- 29.2 yrsAll residents
- Homeownership rate
- 52%Owner-occupied households
What the numbers mean in Franklinville town
Housing cost measured against local earnings.
A household earning the Franklinville town median would spend about 21.6% 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 2.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 19% of residents and 52% 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.
- Flat Rock CDP 1,141
- McAdenville town 1,139
- Balfour CDP 1,132
- Springdale CDP 1,120
- Hayesville town 1,110
- Magnolia town 1,109
- Lucama town 1,108
Keep going
More North Carolina coverage.