Franklin Farm CDP, Virginia Demographics & Population 2026

Population Overview

Franklin Farm CDP is a small city located in Virginia. The total population is 18,509. It ranks as the 68th most populous out of 681 cities and towns in Virginia.

Age Demographics

The median age in Franklin Farm CDP is 43.0 years. This is 11% higher than the state median of 38.8 years.

Economy, Income & Housing

The median household income in Franklin Farm CDP is $210,169. This is 131% higher than the state median of $90,974. Compared to the national median of $78,538, household income here is 168% higher. The poverty rate stands at 1.8%. This is 82% lower than the state poverty rate of 9.9%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.6%. This is 39% lower than the state rate of 4.3%. The median home value is $810,600. Housing costs are 125% higher than the state median of $360,700. The home-value-to-income ratio is 3.9x. 92.8% of occupied housing units are owner-occupied. This homeownership rate is 38% higher than the state average of 67.2%.

Race & Ethnicity

The largest racial or ethnic group in Franklin Farm CDP is White (non-Hispanic), making up 61.1% of the population. Asian residents account for 23.0%. The Black or African American population (3.3%) is well below the state average of 18.4%. The Asian population is significantly higher than the state average (23.0% vs 6.8%).

Education

78.0% of residents aged 25 and older hold a bachelor's degree or higher. This places Franklin Farm CDP in the top 10% of all cities in the state for educational attainment. This is 88% higher 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 97.8%. Notably, 41.9% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Franklin Farm CDP, Virginia 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 Virginia state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 681 Census-designated places in Virginia. For official data, visit data.census.gov.