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Franklin town, West Virginia Demographics & Population 2026

As of 2026, Franklin town, West Virginia has a total population of 387, the 269th largest city in West Virginia, with a median household income of $81,071, which is 40% higher than the state average. The poverty rate is 18.3%.

Key Takeaways

Franklin town Quick Facts

Population 387
Median Household Income $81,071
Median Home Value $213,500
Poverty Rate 18.3%
Unemployment Rate 0.0%
Median Age 54.4 years
Homeownership Rate 60.3%
Affordability Ratio 2.6x
Bachelor's Degree or Higher 40.9%
High School Graduation Rate 85.9%
Diversity Index 11/100
Population 387 269th of 430
Median Income $81,071 top 20%
Poverty Rate 18.3% 47% higher national
Median Home Value $213,500 top 20%

How Franklin town Compares

Economy & Housing

Employment

0.0% Unemployment Rate State: 5.7% | National: 5.2%
45.7% Labor Force Participation

Housing Overview

Owner 60.3%
Renter 39.7%
Affordability Index Very Affordable
2.6x home value to income ratio

People & Demographics

Diversity Index

11out of 100
Very Low Diversity

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

State average: 18 | National average: 60

Education

Franklin town Rankings in West Virginia

#269 Population of 430
#42 Median Income of 430
#35 Education of 430
#40 Home Value of 430

Cities Similar to Franklin town

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Clifton CDP392N/A$210,70019.7%8.7%
Kistler CDP378N/AN/A10.4%22.0%
Earling CDP397N/AN/A0.0%0.0%
Waverly CDP395$79,539$265,00035.4%15.9%
Matheny CDP403N/AN/A17.4%0.0%

Population Overview

Franklin town is a small community located in West Virginia. The total population is 387. It ranks as the 269th most populous out of 430 cities and towns in West Virginia.

Age Demographics

The median age in Franklin town is 54.4 years. This is 27% higher than the state median of 42.7 years. 16.5% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Franklin town is $81,071. This is 40% higher than the state median of $57,917. Compared to the national median of $78,538, household income here is 3% higher. The poverty rate stands at 18.3%. This is 10% higher than the state poverty rate of 16.6%. The unemployment rate is 0.0%. This is 100% lower than the state rate of 5.7%. The median home value is $213,500. Housing costs are 37% higher than the state median of $155,600. With a home-value-to-income ratio of just 2.6x, Franklin town is one of the most affordable housing markets in the area. 60.3% of occupied housing units are owner-occupied. This homeownership rate is 19% lower than the state average of 74.3%.

Race & Ethnicity

Franklin town has a predominantly White (non-Hispanic) population, comprising 94.1% of all residents. Black or African American residents account for 5.2%. The Black or African American population is significantly higher than the state average (5.2% vs 3.2%).

Education

40.9% of residents aged 25 and older hold a bachelor's degree or higher. This places Franklin town in the top 10% of all cities in the state for educational attainment. This is 76% higher than the state rate of 23.3%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 85.9%.

Data Sources & Methodology

All demographic data for Franklin town, West 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 West Virginia state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 430 Census-designated places in West Virginia. For official data, visit data.census.gov.

Free data download: Get all West Virginia city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Franklin town, West Virginia?

Franklin town, West Virginia has a population of 387 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Franklin town, WV?

The median household income in Franklin town is $81,071, which is 3% higher the national median of $78,538.

What is the poverty rate in Franklin town, WV?

The poverty rate in Franklin town is 18.3%. This means approximately 62 residents live below the federal poverty line.

What is the racial makeup of Franklin town, West Virginia?

Franklin town's population is 94.1% White, 5.2% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Franklin town, WV?

The median home value in Franklin town is $213,500. The home-value-to-income ratio is 2.6x.

How educated is Franklin town, West Virginia?

40.9% of adults (25+) in Franklin town hold a bachelor's degree or higher, and 14.8% hold a graduate or professional degree.