Franklin, Texas Demographics & Population 2026
During the 2020–2024 ACS period, Franklin, Texas had a total population of 1,530, the 848th largest city in Texas, with a median household income of $54,265, which is 31% lower than the state average. The poverty rate is 24.6%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 31% below the state average, indicating significant economic challenges.
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 | 1,498 | 1,530 | +2.1% |
| Median household income | $54,688 | $54,265 | -0.8% |
| Median home value | $171,000 | $168,800 | -1.3% |
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
Moderate diversity with one or two groups making up the majority.
State average: 67 | National average: 61
Education
Educational Attainment (Adults 25+)
Franklin Rankings in Texas
Explore Texas Rankings
Other Cities in Robertson County
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 |
|---|---|---|---|---|---|
| Ganado | 1,534 | $57,315 | $180,700 | 8.1% | 15.1% |
| Buchanan Dam | 1,513 | $56,429 | $288,900 | 22.7% | 23.1% |
| Lasara | 1,467 | N/A | $57,700 | 24.9% | 16.5% |
| Ralls | 1,463 | $57,697 | $72,200 | 9.9% | 15.7% |
| Taft Southwest | 1,635 | $55,938 | $94,100 | 1.0% | 10.6% |
Population Overview
Franklin is a small community located in Texas, within Robertson County. The total population is 1,530. It ranks as the 848th most populous out of 1,795 Census-designated places in Texas.
Age Demographics
The median age in Franklin is 35.1 years. This is 1% lower than the state median of 35.6 years.
Economy, Income & Housing
The median household income in Franklin is $54,265. This is 31% lower than the state median of $78,476. It is also 33% lower than the national median of $80,734. The poverty rate stands at 24.6%. This is 78% higher than the state poverty rate of 13.8%. 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 6.7%. This is 27% higher than the state rate of 5.3%. The median home value is $168,800. Housing costs are 41% lower than the state median of $283,800. The home-value-to-income ratio is 3.1x. 45.1% of occupied housing units are owner-occupied. This homeownership rate is 28% lower than the state average of 62.6%.
Race & Ethnicity
The largest racial or ethnic group in Franklin is White (non-Hispanic), making up 64.2% of the population. Black or African American residents account for 23.6%. The White (non-Hispanic) population is significantly higher than the state average (64.2% vs 39.1%). The Black or African American population is significantly higher than the state average (23.6% vs 11.9%). The Hispanic or Latino population (5.9%) is well below the state average of 39.7%. The Asian population (1.8%) is well below the state average of 5.5%.
Education
21.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 36% lower than the state rate of 33.8%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.2%.
Data Sources & Methodology
All demographic data for Franklin, Texas 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 Texas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,795 Census-designated places in Texas. 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, Texas?
Franklin, Texas has a population of 1,530 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Franklin, TX?
The median household income in Franklin is $54,265, which is 33% lower than the national median of $80,734.
What is the poverty rate in Franklin, TX?
The poverty rate in Franklin is 24.6%. This means approximately 344 residents live below the federal poverty line.
What is the racial makeup of Franklin, Texas?
Franklin's population is 64.2% White, 23.6% Black, 5.9% Hispanic/Latino, and 1.8% Asian.
What is the median home value in Franklin, TX?
The median home value in Franklin is $168,800. The home-value-to-income ratio is 3.1x.
How educated is Franklin, Texas?
21.5% of adults (25+) in Franklin hold a bachelor's degree or higher, and 4.1% hold a graduate or professional degree.