Franklin, MN Employment - Median Household Income, Unemployment Rate

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D+

30%

Income/capita NAT. AVG.

17%

Household income NAT. AVG.

53%

Unemployment NAT. AVG.

Index	Franklin	Minnesota	National
Income per capita	$20,793	$33,225	$29,829
Median household income	$45,750	$63,217	$55,322
Median income owner occupied	$67,596	$77,618	$70,586
Median income renter occupied	$17,760	$34,348	$35,192
Median earnings male	$21,111	$40,933	$36,919
Median earnings female	$26,685	$29,114	$26,250
Unemployment rate	2.2%	3.4%	4.7%
Poverty level	24.0%	10.8%	15.1%

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Key findings

The income per capita in Franklin is 30% lower 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 53% lower than the national average
The poverty level in Franklin is 59% higher than the national average

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am i middle class

$30,496 $45,750 $91,500

City

$42,140 $63,217 $126,434

State

$36,877 $55,322 $110,644

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	22.8%	22.8%
Manufacturing sector	13.8%	13.8%
Financial & insurance services	2.1%	2.1%
Wholesale & retail services	9.0%	9.0%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	12.4%	12.4%
Education, health & social services	4.8%	4.8%
Other	33.8%	33.8%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Fairfax, MN	1,135	$57,750	4.4%
Redwood Falls, MN	4,977	$52,418	5.2%
Hector, MN	1,093	$52,270	5.5%
Morgan, MN	844	$51,250	7.4%
Morton, MN	373	$48,125	13.0%
Franklin, MN	578	$45,750	17.3%

Cities with similar population

City	Population	Household Income	National Avg.
Fort Jones, CA	578	$29,866	46.0%
Kooskia, ID	578	$32,284	41.6%
Morley, MI	578	$33,036	40.3%
Shoal Creek Drive, MO	578	$84,375	52.5%
Caswell Beach, NC	578	$122,813	122.0%
Franklin, MN	578	$45,750	17.3%

Source: The Franklin, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).