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Franklin Farm, Virginia Demographics & Population 2026

During the 2020–2024 ACS period, Franklin Farm, Virginia had a total population of 18,736, the 69th largest community in Virginia, with a median household income of $215,544, which is 131% higher than the state average. The poverty rate is 1.5%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Franklin Farm Quick Facts

Population 18,736
Median Household Income $215,544
Median Home Value $829,600
Poverty Rate 1.5%
Unemployment Rate 3.4%
Median Age 43.3 years
Homeownership Rate 93.0%
Affordability Ratio 3.8x
Bachelor's Degree or Higher 78.7%
High School Graduation Rate 97.7%
Diversity Index 58/100
Population 18,736 69th of 681
Median Income $215,544 top 10%
Poverty Rate 1.5% 88% lower than national
Median Home Value $829,600 top 10%

How Franklin Farm Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population18,50918,736+1.2%
Median household income$210,169$215,544+2.6%
Median home value$810,600$829,600+2.3%

How Franklin Farm Compares

Economy & Housing

Household Income Distribution

Under $25K 2.0%
$25K-$50K 4.1%
$50K-$100K 5.5%
$100K+ 88.4%
Detailed income brackets
Under $10K
1.4%
$10K-$15K
0.0%
$15K-$20K
0.7%
$20K-$25K
0.0%
$25K-$30K
0.3%
$30K-$35K
0.4%
$35K-$40K
0.7%
$40K-$45K
0.5%
$45K-$50K
2.2%
$50K-$60K
0.8%
$60K-$75K
2.2%
$75K-$100K
2.5%
$100K-$125K
7.9%
$125K-$150K
6.7%
$150K-$200K
17.2%
$200K+
56.6%

Employment

3.4% Unemployment Rate State: 4.3%|National: 5.2%
73.2% Labor Force Participation

Housing Overview

Owner 93.0%
Renter 7.0%
Affordability Index Affordable
3.8x home value to income ratio
Median gross rent $2,625/mo 14.6% of median household income annually

People & Demographics

Diversity Index

58out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 61 | National average: 61

Education

Franklin Farm Rankings in Virginia

#69 Population of 681
#26 Median Income of 585
#32 Education of 680
#35 Home Value of 580

Other Cities in Fairfax County

CityPopulationMedian IncomePovertyHome Value
Centreville 71,706 $139,510 7.2% $590,500
Reston 64,414 $148,710 5.7% $642,000
McLean 49,627 $250,000+ 2.9% $1,412,700
Burke 44,029 $185,818 3.2% $747,700
Annandale 41,705 $116,263 12.1% $681,300
Oakton 36,528 $160,663 4.6% $792,100
Fair Oaks 35,545 $123,947 5.7% $608,200
West Falls Church 31,279 $134,978 7.9% $706,800
Springfield 31,154 $125,999 8.9% $640,300
Tysons 28,936 $129,818 7.9% $640,000

Cities Similar to Franklin Farm

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Fort Hunt16,700$216,038$927,40080.7%2.2%
Gainesville18,196$174,410$712,60058.0%4.0%
Vienna16,412$216,953$1,008,80074.7%5.0%
Stone Ridge16,603$187,563$672,80075.1%1.8%
Franconia18,335$152,474$567,10066.8%2.8%

Population Overview

Franklin Farm is a small city located in Virginia, within Fairfax County. The total population is 18,736. It ranks as the 69th most populous out of 681 Census-designated places in Virginia.

Age Demographics

The median age in Franklin Farm is 43.3 years. This is 11% higher than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Franklin Farm is $215,544. This is 131% higher than the state median of $93,170. It is also 167% higher than the national median of $80,734. The poverty rate stands at 1.5%. This is 85% 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 3.4%. This is 20% lower than the state rate of 4.3%. The median home value is $829,600. Housing costs are 116% higher than the state median of $383,700. The home-value-to-income ratio is 3.8x. 93.0% of occupied housing units are owner-occupied. This homeownership rate is 38% higher than the state average of 67.3%.

Race & Ethnicity

The largest racial or ethnic group in Franklin Farm is White (non-Hispanic), making up 59.9% of the population. Asian residents account for 22.6%. The Black or African American population (3.0%) is well below the state average of 18.3%. The Asian population is significantly higher than the state average (22.6% vs 6.9%).

Education

78.7% of residents aged 25 and older hold a bachelor's degree or higher. This places Franklin Farm in the top 10% of all cities in the state for educational attainment. This is 87% higher than the state rate of 42.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.7%. Notably, 40.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Franklin Farm, Virginia 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 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. 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 Farm, Virginia?

Franklin Farm, Virginia has a population of 18,736 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Franklin Farm, VA?

The median household income in Franklin Farm is $215,544, which is 167% higher than the national median of $80,734.

What is the poverty rate in Franklin Farm, VA?

The poverty rate in Franklin Farm is 1.5%. This means approximately 274 residents live below the federal poverty line.

What is the racial makeup of Franklin Farm, Virginia?

Franklin Farm's population is 59.9% White, 3.0% Black, 7.9% Hispanic/Latino, and 22.6% Asian.

What is the median home value in Franklin Farm, VA?

The median home value in Franklin Farm is $829,600. The home-value-to-income ratio is 3.8x.

How educated is Franklin Farm, Virginia?

78.7% of adults (25+) in Franklin Farm hold a bachelor's degree or higher, and 40.7% hold a graduate or professional degree.