Franklin town, North Carolina Demographics & Population 2026

Population Overview

Franklin town is a small community located in North Carolina, within Surry County. The total population is 4,221. It ranks as the 197th most populous out of 774 cities and towns in North Carolina.

Age Demographics

The median age in Franklin town is 47.3 years. This is 21% higher than the state median of 39.1 years. 13.7% 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 town is $43,991. This is 37% lower than the state median of $69,904. Compared to the national median of $78,538, household income here is 44% lower. The poverty rate stands at 21.6%. This is 64% higher than the state poverty rate of 13.2%. 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 2.3%. This is 53% lower than the state rate of 4.8%. The median home value is $190,600. Housing costs are 27% lower than the state median of $259,400. The home-value-to-income ratio is 4.3x. 56.5% of occupied housing units are owner-occupied. This homeownership rate is 15% lower than the state average of 66.4%.

Race & Ethnicity

The largest racial or ethnic group in Franklin town is White (non-Hispanic), making up 72.5% of the population. Hispanic or Latino residents account for 17.4%. The Black or African American population (2.0%) is well below the state average of 20.3%. The Hispanic or Latino population is significantly higher than the state average (17.4% vs 10.9%). The Asian population (0.3%) is well below the state average of 3.1%.

Education

22.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 36% lower than the state rate of 34.7%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 81.0%.

Data Sources & Methodology

All demographic data for Franklin town, North Carolina 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 North Carolina state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 774 Census-designated places in North Carolina. For official data, visit data.census.gov.