Franklinton, NC
Population 2,562 · North Carolina
About Franklinton, NC
Franklinton is a small community in North Carolina with a population of 2,562 residents. The median household income is $64,053 per year, which is near the national average. The median age in Franklinton is 35.4 years.
Housing in Franklinton has a median home value of $195,800 and median monthly rent of $995. Of the 1,091 total housing units, the majority are owner-occupied, with 619 owner-occupied and 300 renter-occupied units.
The unemployment rate in Franklinton is 9.4% and the poverty rate is 10.8%. 24.0% of residents hold a bachelor's degree or higher. The average commute time is 31.7 minutes.
Cost of Living in Franklinton, NC
Compared to national averages, Franklinton has a median household income of $64,053 (15% below the national median of $75,149). Home values average $195,800, which is 20% below the national median. Monthly rent at $995 is 14% below the US average of $1,163. Within North Carolina, Franklinton's income is 1% below the state average of $64,468, and home values are 14% below the state median of $228,922.
Why Live in Franklinton, NC?
Franklinton offers affordable housing with a median home value of $195,800, below the US average of $244,900, and rent that’s lower than the national average at $995/month, and a low poverty rate of 10.8%, better than the national average.
Potential considerations include median household income ($64,053) that falls below the national average. However, Franklinton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Franklinton has a population of 2,562 with a median age of 35.4 years. Compare Franklinton with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Franklinton
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sneads Ferry | 2,556 | $59,783 | $233,500 | Compare |
| Haw River | 2,581 | $67,366 | $142,200 | Compare |
| Youngsville | 2,581 | $61,813 | $404,500 | Compare |
| Valley Hill | 2,540 | $87,250 | $296,500 | Compare |
| Marshville | 2,586 | $60,784 | $147,100 | Compare |
| Fearrington Village | 2,535 | $101,384 | $439,900 | Compare |
| Cape Carteret | 2,598 | $75,313 | $347,500 | Compare |
| Sylva | 2,600 | $41,926 | $195,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in North Carolina
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Franklinton
What is the population of Franklinton, NC?
The population of Franklinton, NC is 2,562 according to the latest Census data.
What is the median household income in Franklinton?
The median household income in Franklinton, NC is $64,053 per year.
What is the median home value in Franklinton?
The median home value in Franklinton, NC is $195,800.
What is the average rent in Franklinton?
The median monthly rent in Franklinton, NC is $995.
What is the unemployment rate in Franklinton?
The unemployment rate in Franklinton, NC is 9.4%.