Franklin employment information

IndexFranklinMinnesotaNational
Income per capita$26,551$33,225$29,829
Median household income$40,982$63,217$55,322
Median income owner occupied$40,556$77,618$70,586
Median income renter occupied$41,750$34,348$35,192
Median earnings male$27,500$40,933$36,919
Median earnings female$21,250$29,114$26,250
Unemployment rate4.0%3.4%4.7%
Poverty level35.5%10.8%15.1%
The Franklin, MN employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Franklin is $26,551, which is 20% lower than than the Minnesota average and 11% lower than than the national average. The median household income is $40,982, which is 35% lower than than the Minnesota average and 26% lower than than the national average. The unemployment rate in Franklin is 4%, which is 15% lower than than the national average. The poverty rate in Franklin is 36% which is 135% higher than than the national average.

am i middle class

$Input your household income
$27,318$40,982$81,964
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.

Did you know?

  • The income per capita in Franklin is 11% lower than the national average.
  • The median household income in Franklin is 26% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Franklin is 15% lower than the national average.
  • The poverty level in Franklin is 135% higher than the national average.

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Compare Franklin, MN Employment To Other Cities

Employment status

Hours worked per week

Franklin median earnings by income bracket

Franklin employment by industry

Labour TypeMaleFemale
Construction industry18.4%0.0%
Manufacturing sector10.4%16.5%
Financial & insurance services0.0%0.0%
Wholesale & retail services16.0%5.5%
Public administration2.4%0.0%
Transportation, warehousing & utilities14.4%12.8%
Education, health & social services4.0%43.1%
Other30.4%25.7%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Clements, MN168$63,75015%
Hector, MN1,045$58,6676%
Morgan, MN917$48,37513%
Redwood Falls, MN5,086$45,76017%
Fairfax, MN963$44,58319%
Franklin, MN529$40,98226%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Grey Forest, TX529$72,08330%
Webberville, TX529$65,31318%
Wanship, UT529$61,78012%
South Hills, MT529$99,16779%
Byron, MI529$50,1399%
Franklin, MN529$40,98226%
Source: The Franklin, MN employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).