Franklinville town, North Carolina Demographics & Population 2026

Population Overview

Franklinville town is a small community located in North Carolina, within Randolph County. The total population is 1,129. It ranks as the 432nd most populous out of 774 cities and towns in North Carolina.

Age Demographics

The median age in Franklinville town is 29.2 years. This is 25% lower than the state median of 39.1 years. With 30.7% of the population under 18, Franklinville town has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Franklinville town is $53,942. This is 23% lower than the state median of $69,904. Compared to the national median of $78,538, household income here is 31% lower. The poverty rate stands at 19.0%. This is 44% higher than the state poverty rate of 13.2%. The unemployment rate is 3.3%. This is 32% lower than the state rate of 4.8%. The median home value is $122,400. Housing costs are 53% lower than the state median of $259,400. With a home-value-to-income ratio of just 2.3x, Franklinville town is one of the most affordable housing markets in the area. 52.0% of occupied housing units are owner-occupied. This homeownership rate is 22% lower than the state average of 66.4%.

Race & Ethnicity

The largest racial or ethnic group in Franklinville town is White (non-Hispanic), making up 56.8% of the population. Hispanic or Latino residents account for 26.1%. The Black or African American population (8.2%) is well below the state average of 20.3%. The Hispanic or Latino population is significantly higher than the state average (26.1% vs 10.9%).

Education

5.1% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 85% 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 79.4%.

Data Sources & Methodology

All demographic data for Franklinville 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.