Franklin, VA Employment - Median Household Income, Unemployment Rate

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D-

14%

Income/capita NAT. AVG.

8%

Household income NAT. AVG.

33%

Unemployment NAT. AVG.

Index	Franklin	Virginia	National
Income per capita	$38,441	$52,412	$44,883
Median household income	$75,211	$97,559	$81,333
Median income owner occupied	$99,700	$122,661	$106,172
Median income renter occupied	$40,425	$62,827	$52,080
Median earnings male	$58,817	$61,054	$54,343
Median earnings female	$41,314	$44,172	$38,439
Unemployment rate	6.5%	4.0%	4.9%
Poverty level	17.5%	11.4%	15.1%

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Key findings

The income per capita in Franklin is 14% lower than the national average
The median household income in Franklin is 8% 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

$50,135 $75,211 $150,422

City

$65,032 $97,559 $195,118

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	5.4%	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	681	$123,330	51.6%
Sedley, VA	628	$115,960	42.6%
Capron, VA	127	$89,136	9.6%
Windsor, VA	2,848	$78,104	4.0%
Ivor, VA	412	$78,064	4.0%
Franklin, VA	8,234	$75,211	7.5%

Cities with similar population

City	Population	Household Income	National Avg.
Mayo, MD	8,235	$185,699	128.3%
Inverness, IL	8,231	$281,537	246.2%
Drayton Valley, AB	8,231	n/a
Jefferson, WI	8,237	$94,626	16.3%
Minnetrista, MN	8,230	$214,045	163.2%
Franklin, VA	8,234	$75,211	7.5%

Source: The Franklin, VA 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.