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Franklin County, Virginia Demographics 2026

Franklin County, Virginia has a population of 54,958, the 33rd most populous county in Virginia. The median household income is $68,348 and the median home value is $222,800. The poverty rate is 11.5%.

Franklin County Quick Facts

Population 54,958
Median Household Income $68,348
Median Home Value $222,800
Poverty Rate 11.5%
Unemployment Rate 2.6%
Median Age 48.5 years
Homeownership Rate 79.7%
Affordability Ratio 3.3x
Bachelor's Degree+ 24.3%
High School Graduation 90.6%
Cities/Places 8
Population 54,958 33rd of 133
Median Income $68,348 25% lower than state
Poverty Rate 11.5%
Unemployment 2.6%

Economy & Housing

Household Income Distribution

Under $25K 17.8%
$25K-$50K 17.8%
$50K-$100K 32.1%
$100K+ 32.3%
Detailed income brackets
Under $10K
4.6%
$10K-$15K
3.5%
$15K-$20K
3.7%
$20K-$25K
5.9%
$25K-$30K
4.3%
$30K-$35K
3.4%
$35K-$40K
4.3%
$40K-$45K
3.0%
$45K-$50K
2.8%
$50K-$60K
7.3%
$60K-$75K
11.6%
$75K-$100K
13.2%
$100K-$125K
11.8%
$125K-$150K
5.9%
$150K-$200K
6.6%
$200K+
8.0%

Employment

2.6% Unemployment Rate State: 4.3%|National: 5.2%
54.7% Labor Force Participation

Housing Overview

Owner 79.7%
Renter 20.3%
Affordability Index Affordable
3.3x home value to income ratio

People & Demographics

Diversity Index

25out of 100
Low Diversity

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

State average: 60 | National average: 61

Education

Cities & Places in Franklin County

CityPopulationMedian IncomePovertyHome Value
Rocky Mount4,926$61,58017.5%$181,400
North Shore3,708$107,2357.9%$480,700
Westlake Corner1,824$74,0786.5%$456,300
Ferrum1,622$31,75035.1%$202,500
Union Hall1,468$95,5563.9%$607,000
Penhook1,253$99,1766.2%$476,500
Henry Fork843$67,1471.1%N/A
Boones Mill224$74,6253.1%$186,300

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. The county encompasses 8 Census-designated places.

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. It is also 13% lower than the national median of $78,538. 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%.

Data Sources & Methodology

All figures for Franklin County come from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023), with comparisons drawn against Virginia and national averages from the same dataset. See our methodology page for how each metric is defined, or data.census.gov for official tables with margins of error.

Frequently Asked Questions

What is the population of Franklin County, Virginia?

Franklin County has a population of 54,958, making it the 33rd most populous county in Virginia.

What is the median income in Franklin County?

The median household income in Franklin County is $68,348 with a poverty rate of 11.5%.

How many cities are in Franklin County, Virginia?

Franklin County contains 8 Census-designated places.