Franklin, New Hampshire Demographics & Population 2026
During the 2020–2024 ACS period, Franklin, New Hampshire had a total population of 8,799, the 19th largest city in New Hampshire, with a median household income of $71,648, which is 28% lower than the state average. The poverty rate is 7.0%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
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 | 8,757 | 8,799 | +0.5% |
| Median household income | $69,870 | $71,648 | +2.5% |
| Median home value | $243,800 | $262,200 | +7.5% |
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: 24 | National average: 61
Education
Educational Attainment (Adults 25+)
Franklin Rankings in New Hampshire
Explore New Hampshire Rankings
Other Cities in Merrimack County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Concord | 44,375 | $84,902 | 8.9% | $350,900 |
| South Hooksett | 5,902 | $130,000 | 4.0% | $433,200 |
| Hooksett | 5,876 | $101,053 | 4.0% | $348,100 |
| Suncook | 5,432 | $79,836 | 12.9% | $361,100 |
| Tilton Northfield | 3,101 | $66,705 | 11.2% | $250,000 |
| Henniker | 2,993 | $76,326 | 17.5% | $296,400 |
| Pittsfield | 1,744 | $60,144 | 16.6% | $273,100 |
| Contoocook | 1,376 | $97,928 | 6.2% | $421,300 |
| New London | 1,278 | N/A | 6.5% | $481,000 |
| Loudon | 614 | $106,486 | 5.4% | $410,200 |
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 |
|---|---|---|---|---|---|
| Milford | 8,956 | $78,684 | $357,800 | 33.6% | 5.9% |
| Exeter | 9,964 | $87,346 | $357,500 | 57.4% | 5.9% |
| Hampton | 10,101 | $97,163 | $545,300 | 44.2% | 4.0% |
| Berlin | 9,383 | $45,180 | $131,000 | 14.1% | 15.3% |
| Hudson | 7,469 | $95,842 | $366,400 | 28.7% | 5.1% |
Population Overview
Franklin is a small city located in New Hampshire, within Merrimack County. The total population is 8,799. It ranks as the 19th most populous out of 100 Census-designated places in New Hampshire.
Age Demographics
The median age in Franklin is 42.7 years. This is 1% lower than the state median of 43.3 years. 11.3% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Franklin is $71,648. This is 28% lower than the state median of $99,031. It is also 11% lower than the national median of $80,734. The poverty rate stands at 7.0%. This is 3% lower than the state poverty rate of 7.2%. The unemployment rate is 2.8%. This is 16% lower than the state rate of 3.4%. The median home value is $262,200. Housing costs are 35% lower than the state median of $402,500. The home-value-to-income ratio is 3.7x. 64.2% of occupied housing units are owner-occupied. This homeownership rate is 12% lower than the state average of 72.8%.
Race & Ethnicity
Franklin has a predominantly White (non-Hispanic) population, comprising 94.6% of all residents. Asian residents account for 0.3%. The Black or African American population (0.3%) is well below the state average of 1.3%. The Hispanic or Latino population (0.2%) is well below the state average of 4.7%. The Asian population (0.3%) is well below the state average of 2.6%.
Education
19.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 53% lower than the state rate of 40.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.8%.
Data Sources & Methodology
All demographic data for Franklin, New Hampshire 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 New Hampshire state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 100 Census-designated places in New Hampshire. 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, New Hampshire?
Franklin, New Hampshire has a population of 8,799 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Franklin, NH?
The median household income in Franklin is $71,648, which is 11% lower than the national median of $80,734.
What is the poverty rate in Franklin, NH?
The poverty rate in Franklin is 7.0%. This means approximately 609 residents live below the federal poverty line.
What is the racial makeup of Franklin, New Hampshire?
Franklin's population is 94.6% White, 0.3% Black, 0.2% Hispanic/Latino, and 0.3% Asian.
What is the median home value in Franklin, NH?
The median home value in Franklin is $262,200. The home-value-to-income ratio is 3.7x.
How educated is Franklin, New Hampshire?
19.1% of adults (25+) in Franklin hold a bachelor's degree or higher, and 8.5% hold a graduate or professional degree.