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Franklin County, Iowa Demographics 2026

Franklin County, Iowa has a population of 9,956, the 73rd most populous county in Iowa. The median household income is $59,894 and the median home value is $124,100. The poverty rate is 13.6%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Franklin County Quick Facts

Population 9,956
Median Household Income $59,894
Median Home Value $124,100
Poverty Rate 13.6%
Unemployment Rate 3.8%
Median Age 42.7 years
Homeownership Rate 72.4%
Affordability Ratio 2.1x
Bachelor's Degree+ 19.4%
High School Graduation 90.5%
Cities/Places 10
Population 9,956 73rd of 99
Median Income $59,894 20% lower than state
Poverty Rate 13.6%
Unemployment 3.8%

How Franklin County Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population9,9779,956-0.2%
Median household income$63,648$59,894-5.9%
Median home value$118,500$124,100+4.7%

Economy & Housing

Household Income Distribution

Under $25K 21.2%
$25K-$50K 21.1%
$50K-$100K 32.6%
$100K+ 25.2%
Detailed income brackets
Under $10K
7.9%
$10K-$15K
1.6%
$15K-$20K
5.0%
$20K-$25K
6.7%
$25K-$30K
1.9%
$30K-$35K
2.8%
$35K-$40K
6.5%
$40K-$45K
2.9%
$45K-$50K
7.0%
$50K-$60K
7.9%
$60K-$75K
11.5%
$75K-$100K
13.2%
$100K-$125K
10.4%
$125K-$150K
5.1%
$150K-$200K
6.5%
$200K+
3.1%

Employment

3.8% Unemployment Rate State: 3.6%|National: 5.2%
60.8% Labor Force Participation

Housing Overview

Owner 72.4%
Renter 27.6%
Affordability Index Very Affordable
2.1x home value to income ratio
Median gross rent $696/mo 13.9% of median household income annually

People & Demographics

Diversity Index

33out of 100
Low Diversity

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

State average: 31 | National average: 61

Education

Cities & Places in Franklin County

CityPopulationMedian IncomePovertyHome Value
Hampton4,306$47,08818.1%$99,400
Sheffield1,053$54,45813.4%$151,000
Latimer681$61,04219.5%$110,800
Alexander245$56,25027.7%$55,600
Coulter228$62,91716.7%$90,000
Bradford178N/A0.0%N/A
Geneva152$56,25019.1%$61,400
Chapin137$73,0910.0%$94,000
Popejoy109$38,6813.7%$83,600
Hansell83$71,6672.4%$75,000

Population Overview

Franklin County is located in Iowa with a total population of 9,956. It is the 73rd most populous county out of 99 in Iowa. The county encompasses 10 Census-designated places.

Age Demographics

The median age in Franklin County is 42.7 years. This is 11% higher than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Franklin County is $59,894. This is 20% lower than the state median of $75,059. It is also 26% lower than the national median of $80,734. The poverty rate stands at 13.6%. This is 23% higher than the state poverty rate of 11.1%. The unemployment rate is 3.8%. This is 6% higher than the state rate of 3.6%. The median home value is $124,100. Housing costs are 40% lower than the state median of $208,000. With a home-value-to-income ratio of just 2.1x, Franklin County is one of the most affordable housing markets in the area. 72.4% of occupied housing units are owner-occupied. This homeownership rate is 1% higher than the state average of 71.7%.

Race & Ethnicity

The largest racial or ethnic group in Franklin County is White (non-Hispanic), making up 80.2% of the population. Hispanic or Latino residents account for 16.5%. The Black or African American population (0.7%) is well below the state average of 3.8%. The Hispanic or Latino population is significantly higher than the state average (16.5% vs 7.3%). The Asian population (0.4%) is well below the state average of 2.5%.

Education

19.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 38% lower than the state rate of 31.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.5%.

Data Sources & Methodology

All figures for Franklin County come from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates, with comparisons drawn against Iowa and national averages from the same dataset. See our methodology page for how each metric is defined, or data.census.gov for official tables with margins of error.

Frequently Asked Questions

What is the population of Franklin County, Iowa?

Franklin County has a population of 9,956, making it the 73rd most populous county in Iowa.

What is the median income in Franklin County?

The median household income in Franklin County is $59,894 with a poverty rate of 13.6%.

How many cities are in Franklin County, Iowa?

Franklin County contains 10 Census-designated places.