West Virginia · Census place 29044
Franklin town, WV
Quick answer
Franklin town has 387 residents, ranking #269 of 439 places in West Virginia. Median household income is $81,071, the median home is worth $213,500 and median gross rent runs $732 a month.
- Population
- 387Franklin town residents
- Median household income
- $81,071Past 12 months, inflation adjusted
- Median home value
- $213,500Owner-occupied units
- Median gross rent
- $732Rent plus utilities, monthly
- Median age
- 54.4 yrsAll residents
- Homeownership rate
- 60.3%Owner-occupied households
What the numbers mean in Franklin town
Housing cost measured against local earnings.
A household earning the Franklin town median would spend about 10.8% 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 2.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 18.3% of residents and 60.3% 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 West Virginia.
- Clifton CDP 392
- Hendricks town 391
- Hundred town 390
- West Dunbar CDP 385
- Verdunville CDP 380
- Kistler CDP 378
- Henlawson CDP 376
Keep going
More West Virginia coverage.