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ZipNumbers

Texas · Census place 27288

Franklin city, TX

Quick answer

Franklin city has 1,498 residents, ranking #850 of 1863 places in Texas. Median household income is $54,688, the median home is worth $171,000 and median gross rent runs $795 a month.

Population
1,498Franklin city residents
Median household income
$54,688Past 12 months, inflation adjusted
Median home value
$171,000Owner-occupied units
Median gross rent
$795Rent plus utilities, monthly
Median age
36.6 yrsAll residents
Homeownership rate
49%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 17.4% 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 22.5% of residents and 49% 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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