Franklin, IA Employment - Median Household Income, Unemployment Rate

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C-

19%

Income/capita NAT. AVG.

17%

Household income NAT. AVG.

71%

Unemployment NAT. AVG.

Index	Franklin	Iowa	National
Income per capita	$53,212	$42,672	$44,883
Median household income	$67,585	$81,387	$81,333
Median income owner occupied	$68,650	$98,724	$106,172
Median income renter occupied	$0	$45,890	$52,080
Median earnings male	$72,813	$54,047	$54,343
Median earnings female	$49,646	$36,462	$38,439
Unemployment rate	1.4%	3.2%	4.9%
Poverty level	3.4%	12.3%	15.1%

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107 Franklin Broadway St

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Key findings

The income per capita in Franklin is 19% higher than the national average
The median household income in Franklin is 17% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Franklin is 71% lower than the national average
The poverty level in Franklin is 77% lower than the national average

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am i middle class

$45,052 $67,585 $135,170

City

$54,252 $81,387 $162,774

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Franklin median earnings by income bracket

Franklin employment by industry

Labour Type	Male	Female
Construction industry	5.1%	5.1%
Manufacturing sector	23.1%	23.1%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	10.3%	10.3%
Public administration	25.6%	25.6%
Transportation, warehousing & utilities	12.8%	12.8%
Education, health & social services	0.0%	0.0%
Other	23.1%	23.1%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Denmark, IA	516	$166,445	104.6%
Houghton, IA	108	$134,047	64.8%
Middletown, IA	459	$97,406	19.8%
Danville, IA	963	$90,479	11.2%
St. Paul, IA	66	$88,318	8.6%
Franklin, IA	178	$67,585	16.9%

Cities with similar population

City	Population	Household Income	National Avg.
Tanana, AK	178	$54,752	32.7%
Gantt, AL	178	$0	100.0%
Silver Plume, CO	178	$99,309	22.1%
North Washington, IA	178	$93,118	14.5%
Ollie, IA	178	$70,222	13.7%
Franklin, IA	178	$67,585	16.9%

Source: The Franklin, IA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.