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Franklin town, Arkansas Demographics & Population 2026

High PovertyPoverty rate of 30.6% is well above the state average
Very AffordableHome value to income ratio of 1.4x is exceptionally low

As of 2026, Franklin town, Arkansas has a total population of 242, the 418th largest city in Arkansas, with a median household income of $54,500, which is 7% lower than the state average. The poverty rate is 30.6%.

Key Takeaways

Franklin town Quick Facts

Population 242
Median Household Income $54,500
Median Home Value $78,800
Poverty Rate 30.6%
Unemployment Rate 8.5%
Median Age 36.3 years
Homeownership Rate 97.9%
Affordability Ratio 1.4x
Bachelor's Degree or Higher 11.8%
High School Graduation Rate 81.5%
Diversity Index 14/100
Population 242 418th of 617
Median Income $54,500 above average
Poverty Rate 30.6% 146% higher national
Median Home Value $78,800 bottom 30%

How Franklin town Compares

Economy & Housing

Employment

8.5% Unemployment Rate State: 5.1% | National: 5.2%
46.8% Labor Force Participation

Housing Overview

Owner 97.9%
Renter 2.1%
Affordability Index Very Affordable
1.4x home value to income ratio

People & Demographics

Diversity Index

14out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 50 | National average: 60

Education

Franklin town Rankings in Arkansas

#418 Population of 617
#193 Median Income of 617
#340 Education of 617
#400 Home Value of 617

Other Cities in Union County

CityPopulationMedian IncomePovertyHome Value
Garner town 234 $68,750 16.2% N/A

Cities Similar to Franklin town

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Blevins city241$59,688$104,70018.7%7.5%
Briarcliff city231$51,000$204,20010.5%27.3%
Pleasant Plains town263$57,143$130,50013.7%11.5%
Almyra town235$64,500$76,00019.0%10.6%
Moro town239$43,750$31,7006.6%20.9%

Population Overview

Franklin town is a small community located in Arkansas, within Union County. The total population is 242. It ranks as the 418th most populous out of 617 cities and towns in Arkansas.

Age Demographics

The median age in Franklin town is 36.3 years. This is 5% lower than the state median of 38.4 years.

Economy, Income & Housing

The median household income in Franklin town is $54,500. This is 7% lower than the state median of $58,773. Compared to the national median of $78,538, household income here is 31% lower. The poverty rate stands at 30.6%. This is 91% higher than the state poverty rate of 16.0%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 8.5%. This is 67% higher than the state rate of 5.1%. The median home value is $78,800. Housing costs are 55% lower than the state median of $175,300. With a home-value-to-income ratio of just 1.4x, Franklin town is one of the most affordable housing markets in the area. 97.9% of occupied housing units are owner-occupied. This homeownership rate is 48% higher than the state average of 66.1%.

Race & Ethnicity

Franklin town has a predominantly White (non-Hispanic) population, comprising 92.6% of all residents. Hispanic or Latino residents account for 1.2%. The Hispanic or Latino population (1.2%) is well below the state average of 8.8%.

Education

11.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 53% lower than the state rate of 25.1%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 81.5%.

Data Sources & Methodology

All demographic data for Franklin town, Arkansas is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Arkansas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 617 Census-designated places in Arkansas. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Franklin town, Arkansas?

Franklin town, Arkansas has a population of 242 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Franklin town, AR?

The median household income in Franklin town is $54,500, which is 31% lower the national median of $78,538.

What is the poverty rate in Franklin town, AR?

The poverty rate in Franklin town is 30.6%. This means approximately 74 residents live below the federal poverty line.

What is the racial makeup of Franklin town, Arkansas?

Franklin town's population is 92.6% White, 0.0% Black, 1.2% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Franklin town, AR?

The median home value in Franklin town is $78,800. The home-value-to-income ratio is 1.4x.

How educated is Franklin town, Arkansas?

11.8% of adults (25+) in Franklin town hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.