Skip to main content

Franklin County, Iowa Demographics 2026

Franklin County, Iowa has a population of 9,977, the 73rd most populous county in Iowa. The median household income is $63,648 and the median home value is $118,500. The poverty rate is 15.1%.

Franklin County Quick Facts

Population 9,977
Median Household Income $63,648
Median Home Value $118,500
Poverty Rate 15.1%
Unemployment Rate 3.8%
Median Age 41.9 years
Homeownership Rate 72.5%
Affordability Ratio 1.9x
Bachelor's Degree+ 18.2%
High School Graduation 91.6%
Cities/Places 3
Population 9,977 73rd of 99
Median Income $63,648 13% lower state
Poverty Rate 15.1%
Unemployment 3.8%

Economy & Housing

Employment

3.8% Unemployment Rate State: 3.6% | National: 5.2%
61.7% Labor Force Participation

Housing Overview

Owner 72.5%
Renter 27.5%
Affordability Index Very Affordable
1.9x home value to income ratio

People & Demographics

Diversity Index

32out of 100
Low Diversity

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

State average: 30 | National average: 60

Education

Cities & Places in Franklin County

CityPopulationMedian IncomePovertyHome Value
Hampton city4,311$48,92220.8%$91,900
New Hampton city3,462$61,49112.5%$159,200
Sheffield city1,204$64,29716.3%$138,500

Population Overview

Franklin County is located in Iowa with a total population of 9,977. It is the 73rd most populous county out of 99 in Iowa. The county encompasses 3 Census-designated places.

Age Demographics

The median age in Franklin County is 41.9 years. This is 9% higher than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Franklin County is $63,648. This is 13% lower than the state median of $73,147. Compared to the national median of $78,538, household income here is 19% lower. The poverty rate stands at 15.1%. This is 37% higher than the state poverty rate of 11.0%. The unemployment rate is 3.8%. This is 4% higher than the state rate of 3.6%. The median home value is $118,500. Housing costs are 40% lower than the state median of $195,900. With a home-value-to-income ratio of just 1.9x, Franklin County is one of the most affordable housing markets in the area. 72.5% of occupied housing units are owner-occupied. This homeownership rate is 1% higher than the state average of 71.5%.

Race & Ethnicity

The largest racial or ethnic group in Franklin County is White (non-Hispanic), making up 80.8% of the population. Hispanic or Latino residents account for 16.1%. The Black or African American population (0.6%) is well below the state average of 3.8%. The Hispanic or Latino population is significantly higher than the state average (16.1% vs 7.0%). The Asian population (0.2%) is well below the state average of 2.4%.

Education

18.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 41% lower than the state rate of 30.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.6%.

Frequently Asked Questions

What is the population of Franklin County, Iowa?

Franklin County has a population of 9,977, 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 $63,648 with a poverty rate of 15.1%.

How many cities are in Franklin County, Iowa?

Franklin County contains 3 Census-designated places.