Franklin County, Virginia Demographics 2026

Population Overview

Franklin County is located in Virginia with a total population of 54,958. It is the 33rd most populous county out of 133 in Virginia.

Age Demographics

The median age in Franklin County is 48.5 years. This is 25% higher than the state median of 38.8 years.

Economy, Income & Housing

The median household income in Franklin County is $68,348. This is 25% lower than the state median of $90,974. Compared to the national median of $78,538, household income here is 13% lower. The poverty rate stands at 11.5%. This is 16% higher than the state poverty rate of 9.9%. The unemployment rate is 2.6%. This is 38% lower than the state rate of 4.3%. The median home value is $222,800. Housing costs are 38% lower than the state median of $360,700. The home-value-to-income ratio is 3.3x. 79.7% of occupied housing units are owner-occupied. This homeownership rate is 19% higher than the state average of 67.2%.

Race & Ethnicity

Franklin County has a predominantly White (non-Hispanic) population, comprising 85.9% of all residents. Black or African American residents account for 7.7%. The Black or African American population (7.7%) is well below the state average of 18.4%. The Hispanic or Latino population (3.6%) is well below the state average of 10.7%. The Asian population (0.7%) is well below the state average of 6.8%.

Education

24.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 41% lower than the state rate of 41.5%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.6%.