Texas · Census place 27288
Franklin, TX population, income and ZIP codes
Quick answer
The population of the city of Franklin, Texas (Franklin, TX — Census place “Franklin city”) is 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. Looking for the Franklin Texas ZIP code list? 1 ZIP codes serve Franklin, TX: 77856.
- 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
Franklin ZIP codes (Texas)
Census ZCTAs whose delivery area overlaps Franklin.
The Franklin TX ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.
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
Franklin city, TX in context
How this area compares with national benchmarks.
Franklin city is a small town in Texas, with 1,498 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #850 of 1,863 ranked by population — larger than 54% of them. The median age here is 36.6 years against 39.1 nationally, a slightly younger profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.
Households in Franklin city earn a median of $54,688 a year, 30.4% below the national figure of $78,538 and 15% below the $64,654 median for the 1,008 Texas cities we cover. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 22.5% of residents here, well above the 12.4% national rate, which is the single clearest signal in this dataset that median income here is carried by a narrow band of households.
The typical owner-occupied home in Franklin city is valued at $171,000, 43.6% below the national figure and 5% below the $179,100 peer median, while median gross rent runs $795 a month, 43.5% below the national figure, or roughly $9,540 across a full year. A household on the local median income would put about 17.4% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 3.1×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 49% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.
Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.
Compare with nearby places
Places of similar size in Texas.
- LaCoste city 1,497
- Lorena city 1,506
- Lakeside town (Tarrant County) 1,495
- Laguna Park CDP 1,506
- Lexington town 1,493
- Morton city 1,510
- Hubbard city 1,492
- Serenada CDP 1,513
Keep going
More Texas coverage.
Frequently asked questions
Common questions about this area.
- What is the population of Franklin city?
- Franklin city has 1,498 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #850 of 1,863 in Texas.
- What is the median household income in Franklin city?
- Median household income in Franklin city is $54,688 a year, 30.4% below the national figure of $78,538.
- How much does it cost to rent or buy in Franklin city?
- Median gross rent is $795 a month and the median home value is $171,000, so rent absorbs about 17.4% of median household income.
- Is Franklin city affordable compared with the rest of the US?
- Homes cost about 3.1× the local median income here versus roughly 3.9× nationally, so Franklin city is more affordable to buy in than the typical US market, and rent takes 17.4% of median income against the 30% cost-burden line.
- How current is this Franklin city data?
- All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.