Franklin, NH
Population 8,757 · New Hampshire
About Franklin, NH
Franklin is a small community in New Hampshire with a population of 8,757 residents. The median household income is $69,870 per year, which is near the national average. The median age in Franklin is 42.9 years.
Housing in Franklin has a median home value of $243,800 and median monthly rent of $1,088. Of the 3,994 total housing units, the majority are owner-occupied, with 2,242 owner-occupied and 1,354 renter-occupied units.
The unemployment rate in Franklin is 4.6% and the poverty rate is 6.4%. 19.2% of residents hold a bachelor's degree or higher. The average commute time is 32.5 minutes.
How Franklin Ranks in New Hampshire
Cost of Living in Franklin, NH
Compared to national averages, Franklin has a median household income of $69,870 (7% below the national median of $75,149). Home values average $243,800, which is 0% below the national median. Monthly rent at $1,088 is 6% below the US average of $1,163. Within New Hampshire, Franklin's income is 12% below the state average of $79,671, and home values are 20% below the state median of $303,204.
Why Live in Franklin, NH?
Franklin offers affordable housing with a median home value of $243,800, below the US average of $244,900, and rent that’s lower than the national average at $1,088/month, and a low poverty rate of 6.4%, better than the national average.
Potential considerations include median household income ($69,870) 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 8,757 with a median age of 42.9 years. Compare Franklin with other cities to see how it stacks up, or explore all cities in New Hampshire.
Similar Cities Near Franklin
Cities in New Hampshire with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Milford | 8,857 | $81,042 | $337,900 | Compare |
| Hanover | 8,520 | $135,250 | $682,100 | Compare |
| Berlin | 9,473 | $43,972 | $113,500 | Compare |
| Hampton | 9,960 | $96,322 | $488,400 | Compare |
| Exeter | 10,138 | $83,862 | $349,300 | Compare |
| Hudson | 7,105 | $88,193 | $330,700 | Compare |
| Durham | 10,577 | $109,934 | $451,000 | Compare |
| South Hooksett | 5,806 | $115,592 | $383,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Hampshire
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, NH?
The population of Franklin, NH is 8,757 according to the latest Census data.
What is the median household income in Franklin?
The median household income in Franklin, NH is $69,870 per year.
What is the median home value in Franklin?
The median home value in Franklin, NH is $243,800.
What is the average rent in Franklin?
The median monthly rent in Franklin, NH is $1,088.
What is the unemployment rate in Franklin?
The unemployment rate in Franklin, NH is 4.6%.