Franklin, GA
Population 968 · Georgia
About Franklin, GA
Franklin is a small community located in Georgia with a population of 968 residents according to the latest US Census Bureau American Community Survey data. The median household income is $26,667 per year, which is 65% below the national median of $75,149. The median age of 51.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Franklin features a median home value of $353,100, which is 44% above the national median of $244,900. This positions Franklin in a moderately priced market relative to the rest of the country. Median monthly rent is $537, 54% below the national average of $1,163/month. Of the 551 total housing units, 26% are owner-occupied (117 units) and 74% are renter-occupied (339 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Franklin shows an unemployment rate of 0.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 29.4%, above the national average of 12.4%. Workers in Franklin have an average one-way commute time of 24.1 minutes.
Education & Demographics
13.9% of Franklin residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.4% White, 0.7% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.8% of the population being foreign-born.
How Franklin Ranks in Georgia
Cost of Living in Franklin, GA
Compared to national averages, Franklin has a median household income of $26,667 (65% below the national median of $75,149). Home values average $353,100, which is 44% above the national median. Monthly rent at $537 is 54% below the US average of $1,163. Within Georgia, Franklin's income is 56% below the state average of $60,815, and home values are 81% above the state median of $194,684.
Why Live in Franklin, GA?
Franklin offers rent that’s lower than the national average at $537/month, and a strong job market with an unemployment rate of just 0.3%, and short commute times averaging just 24.1 minutes.
Potential considerations include median household income ($26,667) that falls below the national average. However, Franklin’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Franklin has a population of 968 with a median age of 51.5 years. Compare Franklin with other cities to see how it stacks up, or explore all cities in Georgia.
Similar Cities Near Franklin
Cities in Georgia with a similar population size.
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Georgia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Franklin With Other Cities
Frequently Asked Questions about Franklin
What is the population of Franklin, GA?
The population of Franklin, GA is 968 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Georgia.
What is the median household income in Franklin?
The median household income in Franklin, GA is $26,667 per year, which is 65% below the national median of $75,149.
What is the median home value in Franklin?
The median home value in Franklin, GA is $353,100, which is 44% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Franklin?
The median monthly rent in Franklin, GA is $537, which is 54% below the national average of $1,163/month.
What is the unemployment rate in Franklin?
The unemployment rate in Franklin, GA is 0.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Franklin, GA a good place to live?
Franklin offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 968 and a median age of 51.5, the city appeals to established professionals and retirees.
How educated is Franklin, GA?
13.9% of residents in Franklin aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Franklin?
Key cost-of-living indicators for Franklin, GA: median home value is $353,100 (44% above national), median rent is $537/month, and median household income is $26,667. The home-value-to-income ratio is 13.2x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Franklin?
The poverty rate in Franklin, GA is 29.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Franklin, GA?
Franklin's population is 0.4% White, 0.7% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 19.5% two or more races. 0.8% of residents are foreign-born.