Franklin, Pennsylvania Demographics & Population 2026
During the 2020–2024 ACS period, Franklin, Pennsylvania had a total population of 5,984, the 215th largest city in Pennsylvania, with a median household income of $47,117, which is 40% lower than the state average. The poverty rate is 17.3%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 40% below the state average, indicating significant economic challenges.
- Housing is very affordable with a home-value-to-income ratio of just 2.5x.
- Unemployment rate of 8.5% is notably above the national average.
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 | 6,026 | 5,984 | -0.7% |
| Median household income | $54,955 | $47,117 | -14.3% |
| Median home value | $109,200 | $116,900 | +7.1% |
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: 45 | National average: 61
Education
Educational Attainment (Adults 25+)
Franklin Rankings in Pennsylvania
Explore Pennsylvania Rankings
Other Cities in Venango County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Oil City | 9,468 | $51,316 | 16.6% | $74,100 |
| Sugarcreek | 4,716 | $63,987 | 9.9% | $108,200 |
| Woodland Heights | 1,585 | $40,200 | 26.2% | $81,400 |
| Seneca | 1,439 | $63,031 | 8.1% | $158,800 |
| Hasson Heights | 1,351 | $74,489 | 21.2% | $114,800 |
| Pleasantville (Venango County) | 759 | $50,972 | 11.5% | $107,900 |
| Emlenton | 663 | $60,913 | 11.2% | $103,900 |
| Polk | 615 | $36,786 | 35.4% | $101,400 |
| Clintonville | 511 | $47,083 | 10.2% | $99,900 |
| Rouseville | 460 | $58,382 | 24.1% | $62,500 |
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 |
|---|---|---|---|---|---|
| Somerset | 5,944 | $47,102 | $163,600 | 24.0% | 17.2% |
| Corry | 6,116 | $48,618 | $96,800 | 22.8% | 25.9% |
| Clearfield | 5,873 | $54,646 | $100,400 | 22.3% | 20.1% |
| McKees Rocks | 5,786 | $41,131 | $75,600 | 9.1% | 32.1% |
| Nazareth | 6,043 | $56,855 | $240,300 | 26.8% | 16.0% |
Population Overview
Franklin is a small city located in Pennsylvania, within Venango County. The total population is 5,984. It ranks as the 215th most populous out of 1,991 Census-designated places in Pennsylvania.
Age Demographics
The median age in Franklin is 44.4 years. This is 9% higher than the state median of 40.9 years.
Economy, Income & Housing
The median household income in Franklin is $47,117. This is 40% lower than the state median of $77,971. It is also 42% lower than the national median of $80,734. The poverty rate stands at 17.3%. This is 48% higher than the state poverty rate of 11.7%. The unemployment rate is 8.5%. This is 62% higher than the state rate of 5.3%. The median home value is $116,900. Housing costs are 54% lower than the state median of $254,500. With a home-value-to-income ratio of just 2.5x, Franklin is one of the most affordable housing markets in the area. 47.5% of occupied housing units are owner-occupied. This homeownership rate is 31% lower than the state average of 69.3%.
Race & Ethnicity
Franklin has a predominantly White (non-Hispanic) population, comprising 87.3% of all residents. Black or African American residents account for 6.0%. The Hispanic or Latino population (0.8%) is well below the state average of 8.7%.
Education
22.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 35% lower than the state rate of 35.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.9%.
Data Sources & Methodology
All demographic data for Franklin, Pennsylvania 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 Pennsylvania state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,991 Census-designated places in Pennsylvania. 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, Pennsylvania?
Franklin, Pennsylvania has a population of 5,984 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Franklin, PA?
The median household income in Franklin is $47,117, which is 42% lower than the national median of $80,734.
What is the poverty rate in Franklin, PA?
The poverty rate in Franklin is 17.3%. This means approximately 982 residents live below the federal poverty line.
What is the racial makeup of Franklin, Pennsylvania?
Franklin's population is 87.3% White, 6.0% Black, 0.8% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Franklin, PA?
The median home value in Franklin is $116,900. The home-value-to-income ratio is 2.5x.
How educated is Franklin, Pennsylvania?
22.7% of adults (25+) in Franklin hold a bachelor's degree or higher, and 9.3% hold a graduate or professional degree.