Franklin, VA Employment - Median Household Income, Unemployment Rate

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D-

13%

Income/capita NAT. AVG.

10%

Household income NAT. AVG.

33%

Unemployment NAT. AVG.

Index	Franklin	Virginia	National
Income per capita	$25,900	$34,967	$29,829
Median household income	$49,811	$66,149	$55,322
Median income owner occupied	$66,625	$82,180	$70,586
Median income renter occupied	$26,991	$42,481	$35,192
Median earnings male	$39,371	$41,712	$36,919
Median earnings female	$28,091	$29,664	$26,250
Unemployment rate	6.2%	3.8%	4.7%
Poverty level	17.5%	11.4%	15.1%

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Key findings

The income per capita in Franklin is 13% lower than the national average
The median household income in Franklin is 10% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Franklin is 33% higher than the national average
The poverty level in Franklin is 16% higher than the national average

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am i middle class

$33,204 $49,811 $99,622

City

$44,094 $66,149 $132,298

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	5.4%	5.4%
Manufacturing sector	27.8%	27.8%
Financial & insurance services	2.4%	2.4%
Wholesale & retail services	14.8%	14.8%
Public administration	11.2%	11.2%
Transportation, warehousing & utilities	6.5%	6.5%
Education, health & social services	7.5%	7.5%
Other	24.4%	24.4%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Boykins, VA	666	$82,500	49.1%
Sedley, VA	615	$78,125	41.2%
Capron, VA	123	$60,000	8.5%
Ivor, VA	400	$52,917	4.3%
Windsor, VA	2,748	$52,075	5.9%
Franklin, VA	8,015	$49,811	10.0%

Cities with similar population

City	Population	Household Income	National Avg.
Port Jefferson, NY	8,016	$117,579	112.5%
Downingtown, PA	8,012	$74,075	33.9%
Stone Mills, ON	8,012	n/a
Jefferson, WI	8,011	$62,629	13.2%
Whitmore Lake, MI	8,010	$67,690	22.4%
Franklin, VA	8,015	$49,811	10.0%

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