Franklin, KS
Population 763 · Kansas
About Franklin, KS
Franklin is a small community located in Kansas with a population of 763 residents according to the latest US Census Bureau American Community Survey data. The median household income is $51,528 per year, which is 31% below the national median of $75,149. The median age of 28.4 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Franklin features a median home value of $116,500, which is 52% below the national median of $244,900. This makes Franklin one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $983, 15% below the national average of $1,163/month. Of the 217 total housing units, 78% are owner-occupied (169 units) and 22% are renter-occupied (48 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Franklin shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 33.0%, above the national average of 12.4%. Workers in Franklin have an average one-way commute time of 14.5 minutes, one of the shorter commutes in the region.
Education & Demographics
22.8% 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 0.0% White, 0.8% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Franklin, KS
Compared to national averages, Franklin has a median household income of $51,528 (31% below the national median of $75,149). Home values average $116,500, which is 52% below the national median. Monthly rent at $983 is 15% below the US average of $1,163. Within Kansas, Franklin's income is 19% below the state average of $63,989, and home values are 2% above the state median of $113,913.
Why Live in Franklin, KS?
Franklin offers affordable housing with a median home value of $116,500, below the US average of $244,900, and rent that’s lower than the national average at $983/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 14.5 minutes.
Potential considerations include median household income ($51,528) 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 763 with a median age of 28.4 years. Compare Franklin with other cities to see how it stacks up, or explore all cities in Kansas.
Similar Cities Near Franklin
Cities in Kansas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lecompton | 762 | $79,375 | $203,000 | Compare |
| Deerfield | 760 | $72,692 | $103,100 | Compare |
| Eastborough | 767 | $200,795 | $441,200 | Compare |
| Hoyt | 759 | $67,438 | $136,100 | Compare |
| Maple Hill | 768 | $87,500 | $200,500 | Compare |
| Mount Hope | 754 | $76,667 | $136,900 | Compare |
| Waterville | 748 | $70,625 | $90,300 | Compare |
| Kiowa | 780 | $62,031 | $69,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Kansas
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, KS?
The population of Franklin, KS is 763 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Kansas.
What is the median household income in Franklin?
The median household income in Franklin, KS is $51,528 per year, which is 31% below the national median of $75,149.
What is the median home value in Franklin?
The median home value in Franklin, KS is $116,500, which is 52% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Franklin?
The median monthly rent in Franklin, KS is $983, which is 15% below the national average of $1,163/month.
What is the unemployment rate in Franklin?
The unemployment rate in Franklin, KS is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Franklin, KS a good place to live?
Franklin offers a moderate cost of living, affordable housing, and a strong job market. With a population of 763 and a median age of 28.4, the city appeals to young professionals and families.
How educated is Franklin, KS?
22.8% 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, KS: median home value is $116,500 (52% below national), median rent is $983/month, and median household income is $51,528. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Franklin?
The poverty rate in Franklin, KS is 33.0%, 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, KS?
Franklin's population is 0.0% White, 0.8% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.