Franklin, Idaho Demographics & Population 2026
During the 2020–2024 ACS period, Franklin, Idaho had a total population of 1,034, the 98th largest city in Idaho, with a median household income of $81,830, which is 5% higher than the state average. The poverty rate is 3.6%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- An exceptionally low poverty rate of 3.6% — among the lowest in Idaho.
Franklin Quick Facts
How Franklin Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 880 | 1,034 | +17.5% |
| Median household income | $64,375 | $81,830 | +27.1% |
| Median home value | $318,200 | $370,200 | +16.3% |
How Franklin Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 36 | National average: 61
Education
Educational Attainment (Adults 25+)
Franklin Rankings in Idaho
Explore Idaho Rankings
Other Cities in Franklin County
Cities Similar to Franklin
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Troy | 960 | $81,375 | $300,500 | 38.2% | 3.8% |
| Kootenai | 1,022 | $70,885 | $370,800 | 18.6% | 13.3% |
| Cottonwood | 1,131 | $79,271 | $234,700 | 24.7% | 15.9% |
| Inkom | 936 | $85,625 | $270,600 | 21.6% | 5.0% |
| Ririe | 1,079 | $67,123 | $160,700 | 28.3% | 4.5% |
Population Overview
Franklin is a small community located in Idaho, within Franklin County. The total population is 1,034. It ranks as the 98th most populous out of 232 Census-designated places in Idaho.
Age Demographics
The median age in Franklin is 27.6 years. This is 26% lower than the state median of 37.3 years.
Economy, Income & Housing
The median household income in Franklin is $81,830. This is 5% higher than the state median of $77,800. It is also 1% higher than the national median of $80,734. The poverty rate stands at 3.6%. This is 66% lower than the state poverty rate of 10.6%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 6.2%. This is 66% higher than the state rate of 3.7%. The median home value is $370,200. Housing costs are 12% lower than the state median of $418,600. The home-value-to-income ratio is 4.5x. 80.8% of occupied housing units are owner-occupied. This homeownership rate is 12% higher than the state average of 72.1%.
Race & Ethnicity
The largest racial or ethnic group in Franklin is White (non-Hispanic), making up 81.8% of the population. Hispanic or Latino residents account for 17.4%.
Education
24.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 23% lower than the state rate of 31.8%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.5%.
Data Sources & Methodology
All demographic data for Franklin, Idaho is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Idaho state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 232 Census-designated places in Idaho. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Franklin, Idaho?
Franklin, Idaho has a population of 1,034 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Franklin, ID?
The median household income in Franklin is $81,830, which is 1% higher than the national median of $80,734.
What is the poverty rate in Franklin, ID?
The poverty rate in Franklin is 3.6%. This means approximately 37 residents live below the federal poverty line.
What is the racial makeup of Franklin, Idaho?
Franklin's population is 81.8% White, 0.0% Black, 17.4% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Franklin, ID?
The median home value in Franklin is $370,200. The home-value-to-income ratio is 4.5x.
How educated is Franklin, Idaho?
24.5% of adults (25+) in Franklin hold a bachelor's degree or higher, and 8.3% hold a graduate or professional degree.