The median household income in Franklin, NC in 2022 was $39,709, which was 69.9% less than the median annual income of $67,481 across the entire state of North Carolina. Compared to the median income of $21,534 in 2000 this represents an increase of 45.8%. The per capita income in 2022 was $26,165, which means an increase of 42.2% compared to 2000 when it was $15,129.
Whole page based on the data from 2000 / 2022 when the population of Franklin, North Carolina was 3,490 / 4,275
Income statistics for all residents
Median household income in Franklin, NC in 2022:
Franklin:
$39,709
State:
$67,481
Change in median household income between 2000 and 2022:
Franklin, North Carolina:
+84.4%
North Carolina:
+72.2%
Number of households with income < $10k:
Franklin:
3.2% (64)
State:
5.4% (232,212)
Number of households with income $10k - 20k:
Franklin:
13.9% (279)
State:
7.7% (331,976)
Number of households with income $20k - 30k:
Franklin:
19.0% (381)
State:
7.5% (321,882)
Number of households with income $30k - 40k:
Franklin:
14.3% (287)
North Carolina:
8.3% (358,489)
Number of households with income $40k - 50k:
Franklin:
11.2% (226)
North Carolina:
8.2% (350,907)
Number of households with income $50k - 60k:
Franklin:
3.7% (75)
State:
7.6% (326,126)
Number of households with income $60k - 75k:
Franklin:
9.7% (194)
State:
10.1% (435,678)
Number of households with income $75k - 100k:
Franklin:
10.4% (210)
North Carolina:
13.0% (558,943)
Number of households with income $100k - 125k:
Franklin:
6.6% (133)
North Carolina:
9.6% (411,954)
Number of households with income $125k - 150k:
Franklin:
3.8% (76)
North Carolina:
6.4% (276,370)
Number of households with income $150k - 200k:
Franklin:
3.2% (64)
State:
7.4% (319,173)
Number of households with income > $200k:
Franklin:
1.0% (21)
North Carolina:
8.7% (375,556)
Aggregate household income in Franklin in 2022: $115,098,295
Median family income in Franklin in 2022:
Franklin:
$57,235
State:
$83,448
Number of families with income < $10k:
Franklin:
1.7% (19)
State:
3.4% (94,598)
Number of families with income $10k - 20k:
Franklin:
0.7% (8)
State:
4.2% (117,182)
Number of families with income $20k - 30k:
Franklin:
12.5% (145)
State:
5.4% (150,808)
Number of families with income $30k - 40k:
Franklin:
17.5% (202)
North Carolina:
7.0% (194,360)
Number of families with income $40k - 50k:
Franklin:
9.8% (113)
State:
7.1% (197,428)
Number of families with income $50k - 60k:
Franklin:
7.6% (87)
State:
7.0% (195,435)
Number of families with income $60k - 75k:
Franklin:
14.9% (171)
North Carolina:
10.5% (292,273)
Number of families with income $75k - 100k:
Franklin:
12.7% (146)
State:
14.7% (409,674)
Number of families with income $100k - 125k:
Franklin:
11.3% (131)
North Carolina:
11.3% (314,995)
Number of families with income $125k - 150k:
Franklin:
6.5% (75)
State:
8.0% (222,491)
Number of families with income $150k - 200k:
Franklin:
3.7% (43)
North Carolina:
9.6% (268,367)
Number of families with income > $200k:
Franklin:
1.1% (13)
North Carolina:
11.8% (327,886)
Median non-family income in Franklin in 2022:
Franklin:
$23,217
North Carolina:
$41,534
Change in median non-family income between 2000 and 2022:
Franklin, North Carolina:
+62.4%
State:
+78.7%
Median per capita income in Franklin in 2022:
Franklin:
$26,166
North Carolina:
$38,701
Change in median per capita income between 2000 and 2022:
Franklin, North Carolina:
+73.0%
State:
+90.6%
Income statistics for White residents
Median household income in Franklin, NC in 2022:
Franklin:
$39,568
State:
$75,197
Change in median household income between 2000 and 2022:
Franklin, North Carolina:
+83.1%
State:
+76.8%
Number of households with income < $10k:
Franklin:
3.6% (64)
State:
4.4% (125,166)
Number of households with income $10k - 20k:
Franklin:
13.1% (234)
State:
6.6% (187,893)
Number of households with income $20k - 30k:
Franklin:
21.0% (375)
North Carolina:
6.8% (194,490)
Number of households with income $30k - 40k:
Franklin:
12.9% (231)
North Carolina:
7.4% (210,508)
Number of households with income $40k - 50k:
Franklin:
12.2% (217)
State:
7.6% (217,521)
Number of households with income $50k - 60k:
Franklin:
4.0% (72)
North Carolina:
7.2% (206,197)
Number of households with income $60k - 75k:
Franklin:
8.1% (144)
North Carolina:
9.8% (279,732)
Number of households with income $75k - 100k:
Franklin:
10.1% (181)
State:
13.7% (390,042)
Number of households with income $100k - 125k:
Franklin:
6.4% (115)
State:
10.4% (297,273)
Number of households with income $125k - 150k:
Franklin:
4.0% (72)
State:
7.2% (203,852)
Number of households with income $150k - 200k:
Franklin:
3.4% (61)
State:
8.4% (239,971)
Number of households with income > $200k:
Franklin:
1.1% (20)
North Carolina:
10.4% (297,649)
Aggregate household income in Franklin in 2022: $102,526,151
Median family income in Franklin in 2022:
Franklin:
$57,436
North Carolina:
$93,403
Number of families with income < $10k:
Franklin:
1.9% (19)
State:
2.4% (45,246)
Number of families with income $10k - 20k:
Franklin:
0.8% (8)
State:
3.2% (59,132)
Number of families with income $20k - 30k:
Franklin:
14.7% (144)
North Carolina:
4.3% (80,482)
Number of families with income $30k - 40k:
Franklin:
13.6% (134)
North Carolina:
5.6% (103,621)
Number of families with income $40k - 50k:
Franklin:
10.8% (106)
State:
6.4% (118,099)
Number of families with income $50k - 60k:
Franklin:
8.4% (83)
State:
6.6% (122,527)
Number of families with income $60k - 75k:
Franklin:
12.3% (121)
State:
9.8% (182,594)
Number of families with income $75k - 100k:
Franklin:
13.2% (129)
North Carolina:
15.5% (287,614)
Number of families with income $100k - 125k:
Franklin:
11.6% (114)
State:
12.5% (231,962)
Number of families with income $125k - 150k:
Franklin:
7.3% (72)
State:
8.9% (165,136)
Number of families with income $150k - 200k:
Franklin:
4.2% (41)
State:
10.9% (201,776)
Number of families with income > $200k:
Franklin:
1.3% (13)
North Carolina:
14.1% (261,328)
Median non-family income in Franklin in 2022:
Franklin:
$23,862
North Carolina:
$44,158
Change in median non-family income between 2000 and 2022:
Franklin, North Carolina:
+65.3%
State:
+76.3%
Median per capita income in Franklin in 2022:
Franklin:
$29,735
North Carolina:
$44,946
Change in median per capita income between 2000 and 2022:
Franklin, North Carolina:
+94.5%
State:
+95.8%
Income statistics for Black or African American residents
Number of households with income < $10k:
Franklin:
0.0% (0)
North Carolina:
8.3% (74,698)
Number of households with income $10k - 20k:
Franklin:
100.0% (32)
State:
11.7% (104,693)
Number of households with income $20k - 30k:
Franklin:
0.0% (0)
State:
9.3% (82,966)
Number of households with income $30k - 40k:
Franklin:
0.0% (0)
North Carolina:
10.7% (95,641)
Number of households with income $40k - 50k:
Franklin:
0.0% (0)
State:
10.0% (89,655)
Number of households with income $50k - 60k:
Franklin:
0.0% (0)
North Carolina:
8.6% (76,854)
Number of households with income $60k - 75k:
Franklin:
0.0% (0)
State:
11.0% (98,582)
Number of households with income $75k - 100k:
Franklin:
0.0% (0)
State:
11.3% (101,044)
Number of households with income $100k - 125k:
Franklin:
0.0% (0)
North Carolina:
7.0% (62,890)
Number of households with income $125k - 150k:
Franklin:
0.0% (0)
North Carolina:
4.3% (38,737)
Number of households with income $150k - 200k:
Franklin:
0.0% (0)
State:
4.5% (39,994)
Number of households with income > $200k:
Franklin:
0.0% (0)
State:
3.4% (30,594)
Median per capita income in Franklin in 2022:
Franklin:
$10,930
North Carolina:
$28,411
Income statistics for Asian residents
Number of households with income < $10k:
Franklin:
0.0% (0)
North Carolina:
4.2% (4,787)
Number of households with income $10k - 20k:
Franklin:
0.0% (0)
State:
2.8% (3,193)
Number of households with income $20k - 30k:
Franklin:
0.0% (0)
State:
4.8% (5,456)
Number of households with income $30k - 40k:
Franklin:
0.0% (0)
State:
6.1% (6,888)
Number of households with income $40k - 50k:
Franklin:
0.0% (0)
State:
5.0% (5,707)
Number of households with income $50k - 60k:
Franklin:
0.0% (0)
State:
3.3% (3,747)
Number of households with income $60k - 75k:
Franklin:
0.0% (0)
State:
7.6% (8,647)
Number of households with income $75k - 100k:
Franklin:
100.0% (14)
State:
11.8% (13,386)
Number of households with income $100k - 125k:
Franklin:
0.0% (0)
State:
10.7% (12,074)
Number of households with income $125k - 150k:
Franklin:
0.0% (0)
North Carolina:
8.8% (9,987)
Number of households with income $150k - 200k:
Franklin:
0.0% (0)
State:
13.0% (14,781)
Number of households with income > $200k:
Franklin:
0.0% (0)
State:
21.8% (24,705)
Median per capita income in Franklin in 2022:
Franklin:
$53,927
State:
$49,485
Income statistics for Hispanic or Latino residents
Number of households with income < $10k:
Franklin:
0.0% (0)
State:
6.9% (21,164)
Number of households with income $10k - 20k:
Franklin:
0.0% (0)
State:
6.6% (20,272)
Number of households with income $20k - 30k:
Franklin:
0.0% (0)
State:
9.2% (28,070)
Number of households with income $30k - 40k:
Franklin:
50.3% (79)
North Carolina:
10.3% (31,524)
Number of households with income $40k - 50k:
Franklin:
0.0% (0)
North Carolina:
9.6% (29,552)
Number of households with income $50k - 60k:
Franklin:
0.0% (0)
State:
9.6% (29,493)
Number of households with income $60k - 75k:
Franklin:
21.7% (34)
State:
11.9% (36,598)
Number of households with income $75k - 100k:
Franklin:
28.0% (44)
State:
13.1% (40,020)
Number of households with income $100k - 125k:
Franklin:
0.0% (0)
North Carolina:
8.8% (27,080)
Number of households with income $125k - 150k:
Franklin:
0.0% (0)
State:
5.0% (15,248)
Number of households with income $150k - 200k:
Franklin:
0.0% (0)
North Carolina:
4.6% (13,955)
Number of households with income > $200k:
Franklin:
0.0% (0)
North Carolina:
4.4% (13,490)
Aggregate household income in Franklin in 2022: $9,575,708
Median per capita income in Franklin in 2022:
Franklin:
$13,530
State:
$21,631
Change in median per capita income between 2000 and 2022:: -48.4%
Franklin, North Carolina:
-48.4%
State:
+94.9%
Income statistics for Multirace residents
Median household income in Franklin, NC in 2022:
Franklin:
$61,119
State:
$63,861
Number of households with income < $10k:
Franklin:
0.0% (0)
State:
5.6% (13,531)
Number of households with income $10k - 20k:
Franklin:
0.0% (0)
North Carolina:
8.1% (19,419)
Number of households with income $20k - 30k:
Franklin:
0.0% (0)
North Carolina:
7.8% (18,737)
Number of households with income $30k - 40k:
Franklin:
47.3% (35)
North Carolina:
9.5% (22,818)
Number of households with income $40k - 50k:
Franklin:
0.0% (0)
State:
7.9% (18,914)
Number of households with income $50k - 60k:
Franklin:
0.0% (0)
State:
8.1% (19,613)
Number of households with income $60k - 75k:
Franklin:
21.6% (16)
State:
10.6% (25,534)
Number of households with income $75k - 100k:
Franklin:
0.0% (0)
State:
12.6% (30,364)
Number of households with income $100k - 125k:
Franklin:
31.1% (23)
State:
10.1% (24,418)
Number of households with income $125k - 150k:
Franklin:
0.0% (0)
North Carolina:
5.8% (13,918)
Number of households with income $150k - 200k:
Franklin:
0.0% (0)
State:
7.4% (17,791)
Number of households with income > $200k:
Franklin:
0.0% (0)
North Carolina:
6.5% (15,614)
Aggregate household income in Franklin in 2022: $4,572,546
Median family income in Franklin in 2022:
Franklin:
$61,347
North Carolina:
$73,318
Number of families with income $30k - 40k:
Franklin:
47.0% (33)
North Carolina:
9.0% (14,843)
Number of families with income $60k - 75k:
Franklin:
22.1% (16)
North Carolina:
10.5% (17,278)
Number of families with income $100k - 125k:
Franklin:
31.0% (22)
State:
10.8% (17,807)
Median per capita income in Franklin in 2022:
Franklin:
$9,958
State:
$25,945
Change in median per capita income between 2000 and 2022:
Franklin, North Carolina:
+29.8%
North Carolina:
+124.0%
Income statistics for other residents
Median household income in Franklin, NC in 2022:
Franklin:
$74,986
North Carolina:
$53,762
Number of households with income < $10k:
Franklin:
0.0% (0)
State:
6.2% (9,504)
Number of households with income $10k - 20k:
Franklin:
0.0% (0)
State:
6.8% (10,369)
Number of households with income $20k - 30k:
Franklin:
0.0% (0)
State:
9.9% (15,154)
Number of households with income $30k - 40k:
Franklin:
31.9% (23)
State:
11.8% (18,031)
Number of households with income $40k - 50k:
Franklin:
0.0% (0)
State:
10.1% (15,496)
Number of households with income $50k - 60k:
Franklin:
0.0% (0)
State:
10.7% (16,341)
Number of households with income $60k - 75k:
Franklin:
48.6% (35)
North Carolina:
13.0% (19,842)
Number of households with income $75k - 100k:
Franklin:
19.4% (14)
State:
12.1% (18,518)
Number of households with income $100k - 125k:
Franklin:
0.0% (0)
State:
7.6% (11,567)
Number of households with income $125k - 150k:
Franklin:
0.0% (0)
State:
5.2% (7,883)
Number of households with income $150k - 200k:
Franklin:
0.0% (0)
North Carolina:
3.1% (4,814)
Number of households with income > $200k:
Franklin:
0.0% (0)
State:
3.6% (5,469)
Aggregate household income in Franklin in 2022: $5,156,251
Median per capita income in Franklin in 2022:
Franklin:
$12,505
North Carolina:
$20,252
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-48.4%
+94.9%
