Franklin Farm, VA
Population 18,509 · Virginia
About Franklin Farm, VA
Franklin Farm is a mid-sized city in Virginia with a population of 18,509 residents. The median household income is $210,169 per year, which is above the national average. The median age in Franklin Farm is 43 years.
Housing in Franklin Farm has a median home value of $810,600 and median monthly rent of $2,697. Of the 6,242 total housing units, the majority are owner-occupied, with 5,713 owner-occupied and 444 renter-occupied units.
The unemployment rate in Franklin Farm is 2.6% and the poverty rate is 1.8%. 78.0% of residents hold a bachelor's degree or higher. The average commute time is 29.8 minutes.
How Franklin Farm Ranks in Virginia
Cost of Living in Franklin Farm, VA
Compared to national averages, Franklin Farm has a median household income of $210,169 (180% above the national median of $75,149). Home values average $810,600, which is 231% above the national median. Monthly rent at $2,697 is 132% above the US average of $1,163. Within Virginia, Franklin Farm's income is 139% above the state average of $87,957, and home values are 148% above the state median of $327,514.
Why Live in Franklin Farm, VA?
Franklin Farm offers a strong local economy with a median household income of $210,169, well above the national average, and a strong job market with an unemployment rate of just 2.6%, and a well-educated community where 78.0% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 1.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $810,600. However, Franklin Farm’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Franklin Farm has a population of 18,509 with a median age of 43 years. Compare Franklin Farm with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Franklin Farm
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sudley | 18,420 | $92,101 | $417,100 | Compare |
| Midlothian | 18,702 | $105,927 | $381,600 | Compare |
| Colonial Heights | 18,210 | $76,250 | $231,700 | Compare |
| Laurel | 18,180 | $69,932 | $272,300 | Compare |
| Franconia | 18,141 | $152,007 | $557,800 | Compare |
| Gainesville | 18,036 | $168,978 | $660,800 | Compare |
| Hybla Valley | 17,877 | $72,068 | $523,000 | Compare |
| Idylwood | 17,469 | $118,443 | $708,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Virginia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Franklin Farm With Other Cities
Frequently Asked Questions about Franklin Farm
What is the population of Franklin Farm, VA?
The population of Franklin Farm, VA is 18,509 according to the latest Census data.
What is the median household income in Franklin Farm?
The median household income in Franklin Farm, VA is $210,169 per year.
What is the median home value in Franklin Farm?
The median home value in Franklin Farm, VA is $810,600.
What is the average rent in Franklin Farm?
The median monthly rent in Franklin Farm, VA is $2,697.
What is the unemployment rate in Franklin Farm?
The unemployment rate in Franklin Farm, VA is 2.6%.