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AREA INFORMATION

Franklin, VA

Explore the real estate in Franklin, VA

Area Highlights

Franklin, VA residents have a median age of 40.1 years old, with employment highest in the sales and administrative support industries.

8,408 Population

The population has increased by 0.7% since the year 2000.

3,458 Households

The annual residential turnover is 0% in this area.

$40,744 /yr
Median Household Income

$173,250
Median Home Sale Price

20m Median Commute Time

Most people in this area drive to work.

Area Map

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

40.1 Median Age
3 /5
Educational Climate Score
Factors include income, educational achievement, and the occupations of residents. This may not reflect the nature of an individual school.

31.9%

Married
This location’s average annual expenditures compared to the national average. Index score (100=National Average)

Community Population By Education

High School Graduate 29%
Some College 24%
Associates Degree 15%
Bachelors Degree 12%
Some High School 11%
Graduate Degree 7%
Less than 9th Grade 3%
Of the 5,746 people surveyed, the most prevalent educational attainment level is High School Graduate by 1,654 people, representing 29% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
27.5% of households have children

Area Schools

6-8
0.8 MILES


Joseph P. King Jr. Middle School

PRESCHOOL-5
1.1 MILES


S.p. Morton Elementary School

9-12
1.3 MILES


Franklin High School

PRESCHOOL-12
2.3 MILES


Rock Church School

6-12
2.5 MILES


Fresh Start Center

Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.

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Economics

$40,744 /yr
Median Household Income
20.2%
increase in household
income since the year 2000.
20 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

There are 3,458 households in this area. The largest income group of $60-75k is made out of 448 households.

Transportation to Work

  • Drive 91%
  • Walk or Bike 3%
  • Work from Home 3%
  • Public Transit 2%

Occupancy by Type

Rented 1,736 46%
Owned 1,722 45%
Vacant 337 9%

White vs Blue Collar Jobs







White Collar 69%
Blue Collar 31%

Employment

Employees by Industry

  • Agriculture 3
  • Mining 73
  • Manufacturing 81
  • Transportation 172
  • Sales 1,052
  • Finance 178
  • Personal Care 131
  • Food Service 351
  • Education 300
  • Engineering 19

Employees by Occupation

  • Agriculture 3
  • Management 224
  • Construction 73
  • Protective Services 69
  • Transportation 172
  • Labor 17
  • Education 300
  • Food Service 351
  • Computer 49
  • Arts 58
  • Legal 13

Demographics

Community Population By Age

The median age for this area is 40.1 years old. There are 589 people aged 15-19. 584 aged 60-64 and 546 aged 5-9.

Community Population By Ethnicity

Black 4,743 57%
White 3,239 39%
Hispanic 116 1%
Asian 83 1%
Other 73 <1%
Native American 0 <1%
Hawaiian 0 <1%
Of the 8,254 people surveyed, the most prevalent ethnicity is Black at 57%, followed by White at 39%, Hispanic at 1%, and Asian at 1%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

89° July
Hottest Average Month
31° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
31°
50°
Feb
34°
55°
Mar
42°
64°
Apr
49°
72°
May
58°
80°
Jun
66°
87°
Jul
69°
89°
Aug
69°
88°
Sep
63°
82°
Oct
50°
73°
Nov
42°
65°
Dec
34°
53°

Average Temperature in Degrees Fahrenheit

Humidity & Precipitation

Relative Humidity (%)
Precipitation data unavailable
Weather Data Source: FRANKLIN/J B ROSE

Listings in the Area

$309,990
For sale
4 beds • 2 baths • 1,774 sqft

209 Landview Lane Plan: CALI
Franklin, VA 23851

$319,990
For sale
4 beds • 2 baths • 1,862 sqft

105 Parks Place Plan: CALI
Franklin, VA 23851

$329,990
For sale
4 beds • 2 baths • 1 half baths • 1,906 sqft

105 Parks Place Plan: DEERFIELD
Franklin, VA 23851

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Data powered by Attom Data Solutions. Copyright© 2022. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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