Franklin, MD
Population 356 · Maryland
About Franklin, MD
Franklin is a small community in Maryland with a population of 356 residents. The median household income is $14,738 per year, which is below the national average. The median age in Franklin is 55.2 years.
Housing in Franklin has a median home value of $0 and median monthly rent of $245. Of the 129 total housing units, renting is more common than owning, with 51 owner-occupied and 78 renter-occupied units.
The unemployment rate in Franklin is 0.0% and the poverty rate is 87.6%. 5.0% of residents hold a bachelor's degree or higher. The average commute time is 0 minutes.
How Franklin Ranks in Maryland
Cost of Living in Franklin, MD
Compared to national averages, Franklin has a median household income of $14,738 (80% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $245 is 79% below the US average of $1,163. Within Maryland, Franklin's income is 86% below the state average of $107,956, and home values are 100% below the state median of $402,447.
Why Live in Franklin, MD?
Franklin offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $245/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 0 minutes.
Potential considerations include median household income ($14,738) 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 356 with a median age of 55.2 years. Compare Franklin with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Franklin
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fairmount | 357 | $70,708 | $0 | Compare |
| Betterton | 358 | $74,375 | $219,000 | Compare |
| Bryantown | 359 | $113,580 | $499,000 | Compare |
| Leitersburg | 351 | $0 | $349,400 | Compare |
| Sudlersville | 361 | $52,750 | $235,000 | Compare |
| Sabillasville | 350 | $68,182 | $267,100 | Compare |
| Darlington | 349 | $81,250 | $375,000 | Compare |
| Newark | 347 | $105,093 | $337,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Maryland
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Franklin
What is the population of Franklin, MD?
The population of Franklin, MD is 356 according to the latest Census data.
What is the median household income in Franklin?
The median household income in Franklin, MD is $14,738 per year.
What is the median home value in Franklin?
The median home value in Franklin, MD is $0.
What is the average rent in Franklin?
The median monthly rent in Franklin, MD is $245.
What is the unemployment rate in Franklin?
The unemployment rate in Franklin, MD is 0.0%.