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Franklin city, Pennsylvania Demographics & Population 2026

Very AffordableHome value to income ratio of 2.0x is exceptionally low

As of 2026, Franklin city, Pennsylvania has a total population of 6,026, the 209th largest city in Pennsylvania, with a median household income of $54,955, which is 28% lower than the state average. The poverty rate is 17.2%.

Key Takeaways

Franklin city Quick Facts

Population 6,026
Median Household Income $54,955
Median Home Value $109,200
Poverty Rate 17.2%
Unemployment Rate 8.2%
Median Age 43.0 years
Homeownership Rate 49.8%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 24.6%
High School Graduation Rate 92.5%
Diversity Index 26/100
Population 6,026 209th of 1,993
Median Income $54,955 bottom 30%
Poverty Rate 17.2% 38% higher national
Median Home Value $109,200 bottom 30%

How Franklin city Compares

Economy & Housing

Employment

8.2% Unemployment Rate State: 5.3% | National: 5.2%
57.6% Labor Force Participation

Housing Overview

Owner 49.8%
Renter 50.2%
Affordability Index Very Affordable
2.0x home value to income ratio

People & Demographics

Diversity Index

26out of 100
Low Diversity

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

State average: 43 | National average: 60

Education

Franklin city Rankings in Pennsylvania

#209 Population of 1,993
#1354 Median Income of 1,993
#816 Education of 1,993
#1455 Home Value of 1,993

Other Cities in Venango County

CityPopulationMedian IncomePovertyHome Value
Oil City city 9,517 $52,688 18.0% $66,600
Sugarcreek borough 4,745 $59,594 9.1% $100,000
Pleasantville borough (Venango County) 794 $57,500 8.7% $107,400
Polk borough 692 $44,250 35.0% $87,500
Emlenton borough 623 $65,179 11.2% $111,300
Clintonville borough 503 $44,844 9.3% $97,200
Rouseville borough 470 $56,250 21.5% $57,000
Cooperstown borough 380 $61,058 6.6% $112,500
Barkeyville borough 200 $68,333 2.5% $102,900
Utica borough 150 $54,583 4.8% $65,000

Cities Similar to Franklin city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Bellefonte borough6,022$57,157$232,50037.0%16.3%
Nazareth borough6,032$57,551$236,90024.4%15.9%
Dickson City borough6,022$58,343$184,70025.1%14.7%
Steelton borough6,267$55,963$124,20015.7%22.3%
Clearfield borough5,918$51,190$100,80023.3%20.1%

Population Overview

Franklin city is a small city located in Pennsylvania, within Venango County. The total population is 6,026. It ranks as the 209th most populous out of 1,993 cities and towns in Pennsylvania.

Age Demographics

The median age in Franklin city is 43.0 years. This is 5% higher than the state median of 40.9 years.

Economy, Income & Housing

The median household income in Franklin city is $54,955. This is 28% lower than the state median of $76,081. Compared to the national median of $78,538, household income here is 30% lower. The poverty rate stands at 17.2%. This is 46% higher than the state poverty rate of 11.8%. The unemployment rate is 8.2%. This is 55% higher than the state rate of 5.3%. The median home value is $109,200. Housing costs are 55% lower than the state median of $240,500. With a home-value-to-income ratio of just 2.0x, Franklin city is one of the most affordable housing markets in the area. 49.8% of occupied housing units are owner-occupied. This homeownership rate is 28% lower than the state average of 69.3%.

Race & Ethnicity

Franklin city has a predominantly White (non-Hispanic) population, comprising 85.5% of all residents. Black or African American residents account for 4.8%. The Black or African American population (4.8%) is well below the state average of 10.3%. The Hispanic or Latino population (0.6%) is well below the state average of 8.4%. The Asian population (0.2%) is well below the state average of 3.7%.

Education

24.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 29% lower than the state rate of 34.5%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.5%.

Data Sources & Methodology

All demographic data for Franklin city, Pennsylvania 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 Pennsylvania state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,993 Census-designated places in Pennsylvania. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Franklin city, Pennsylvania?

Franklin city, Pennsylvania has a population of 6,026 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Franklin city, PA?

The median household income in Franklin city is $54,955, which is 30% lower the national median of $78,538.

What is the poverty rate in Franklin city, PA?

The poverty rate in Franklin city is 17.2%. This means approximately 990 residents live below the federal poverty line.

What is the racial makeup of Franklin city, Pennsylvania?

Franklin city's population is 85.5% White, 4.8% Black, 0.6% Hispanic/Latino, and 0.2% Asian.

What is the median home value in Franklin city, PA?

The median home value in Franklin city is $109,200. The home-value-to-income ratio is 2.0x.

How educated is Franklin city, Pennsylvania?

24.6% of adults (25+) in Franklin city hold a bachelor's degree or higher, and 11.0% hold a graduate or professional degree.