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Franklinton, North Carolina Demographics & Population 2026

During the 2020–2024 ACS period, Franklinton, North Carolina had a total population of 2,645, the 292nd largest town in North Carolina, with a median household income of $59,464, which is 18% lower than the state average. The poverty rate is 17.2%.

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

Key Takeaways

Franklinton Quick Facts

Population 2,645
Median Household Income $59,464
Median Home Value $249,100
Poverty Rate 17.2%
Unemployment Rate 9.6%
Median Age 38.4 years
Homeownership Rate 62.4%
Affordability Ratio 4.2x
Bachelor's Degree or Higher 25.4%
High School Graduation Rate 85.8%
Diversity Index 56/100
Population 2,645 292nd of 772
Median Income $59,464 average
Poverty Rate 17.2% 38% higher than national
Median Home Value $249,100 above average

How Franklinton 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
Population2,5622,645+3.2%
Median household income$64,053$59,464-7.2%
Median home value$195,800$249,100+27.2%

How Franklinton Compares

Economy & Housing

Household Income Distribution

Under $25K 24.5%
$25K-$50K 20.8%
$50K-$100K 27.9%
$100K+ 26.9%
Detailed income brackets
Under $10K
13.7%
$10K-$15K
2.3%
$15K-$20K
5.5%
$20K-$25K
3.0%
$25K-$30K
6.5%
$30K-$35K
4.0%
$35K-$40K
2.5%
$40K-$45K
5.0%
$45K-$50K
2.8%
$50K-$60K
4.9%
$60K-$75K
12.8%
$75K-$100K
10.1%
$100K-$125K
4.8%
$125K-$150K
12.1%
$150K-$200K
5.7%
$200K+
4.3%

Employment

9.6% Unemployment Rate State: 4.7%|National: 5.2%
56.6% Labor Force Participation

Housing Overview

Owner 62.4%
Renter 37.6%
Affordability Index Moderate
4.2x home value to income ratio
Median gross rent $963/mo 19.4% of median household income annually

People & Demographics

Diversity Index

56out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 58 | National average: 61

Education

Franklinton Rankings in North Carolina

#292 Population of 772
#369 Median Income of 716
#313 Education of 772
#264 Home Value of 725

Other Cities in Franklin County

CityPopulationMedian IncomePovertyHome Value
Louisburg 3,263 $38,036 34.1% $262,500
Lake Royale 3,168 $107,806 7.3% $280,400
Youngsville 3,011 $86,528 14.3% $434,100
Bunn 466 $68,289 6.4% $256,300
Centerville 202 $143,523 0.0% $162,900

Cities Similar to Franklinton

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Marshville2,615$57,837$172,30016.0%14.7%
Wilson's Mills2,753$62,813$241,80016.7%31.9%
Cajah's Mountain2,704$53,361$201,80014.4%13.9%
Edneyville2,716$53,818$286,40018.7%22.3%
Haw River2,824$61,058$162,40024.3%25.1%

Population Overview

Franklinton is a small community located in North Carolina, within Franklin County. The total population is 2,645. It ranks as the 292nd most populous out of 772 Census-designated places in North Carolina.

Age Demographics

The median age in Franklinton is 38.4 years. This is 2% lower than the state median of 39.1 years.

Economy, Income & Housing

The median household income in Franklinton is $59,464. This is 18% lower than the state median of $72,388. It is also 26% lower than the national median of $80,734. The poverty rate stands at 17.2%. This is 32% higher than the state poverty rate of 13.0%. The unemployment rate is 9.6%. This is 104% higher than the state rate of 4.7%. The median home value is $249,100. Housing costs are 14% lower than the state median of $288,900. The home-value-to-income ratio is 4.2x. 62.4% of occupied housing units are owner-occupied. This homeownership rate is 6% lower than the state average of 66.6%.

Race & Ethnicity

The largest racial or ethnic group in Franklinton is White (non-Hispanic), making up 55.7% of the population. Black or African American residents account for 35.8%. The Black or African American population is significantly higher than the state average (35.8% vs 20.0%). The Hispanic or Latino population (3.0%) is well below the state average of 11.3%. The Asian population (0.8%) is well below the state average of 3.3%.

Education

25.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 29% lower than the state rate of 35.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 85.8%.

Data Sources & Methodology

All demographic data for Franklinton, North Carolina 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 North Carolina state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 772 Census-designated places in North Carolina. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all North Carolina city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Franklinton, North Carolina?

Franklinton, North Carolina has a population of 2,645 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Franklinton, NC?

The median household income in Franklinton is $59,464, which is 26% lower than the national median of $80,734.

What is the poverty rate in Franklinton, NC?

The poverty rate in Franklinton is 17.2%. This means approximately 456 residents live below the federal poverty line.

What is the racial makeup of Franklinton, North Carolina?

Franklinton's population is 55.7% White, 35.8% Black, 3.0% Hispanic/Latino, and 0.8% Asian.

What is the median home value in Franklinton, NC?

The median home value in Franklinton is $249,100. The home-value-to-income ratio is 4.2x.

How educated is Franklinton, North Carolina?

25.4% of adults (25+) in Franklinton hold a bachelor's degree or higher, and 11.9% hold a graduate or professional degree.