Franklin, WV
Population 387 · West Virginia
About Franklin, WV
Franklin is a small community in West Virginia with a population of 387 residents. The median household income is $81,071 per year, which is above the national average. The median age in Franklin is 54.4 years.
Housing in Franklin has a median home value of $213,500 and median monthly rent of $732. Of the 254 total housing units, the majority are owner-occupied, with 88 owner-occupied and 58 renter-occupied units.
The unemployment rate in Franklin is 0.0% and the poverty rate is 18.3%. 40.9% of residents hold a bachelor's degree or higher. The average commute time is 21 minutes.
How Franklin Ranks in West Virginia
Cost of Living in Franklin, WV
Compared to national averages, Franklin has a median household income of $81,071 (8% above the national median of $75,149). Home values average $213,500, which is 13% below the national median. Monthly rent at $732 is 37% below the US average of $1,163. Within West Virginia, Franklin's income is 50% above the state average of $54,014, and home values are 66% above the state median of $128,301.
Why Live in Franklin, WV?
Franklin offers a strong local economy with a median household income of $81,071, well above the national average, and affordable housing with a median home value of $213,500, below the US average of $244,900, and rent that’s lower than the national average at $732/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 40.9% of residents hold a bachelor’s degree or higher, and short commute times averaging just 21 minutes.
Franklin has a population of 387 with a median age of 54.4 years. Compare Franklin with other cities to see how it stacks up, or explore all cities in West Virginia.
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Other Cities in West Virginia
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, WV?
The population of Franklin, WV is 387 according to the latest Census data.
What is the median household income in Franklin?
The median household income in Franklin, WV is $81,071 per year.
What is the median home value in Franklin?
The median home value in Franklin, WV is $213,500.
What is the average rent in Franklin?
The median monthly rent in Franklin, WV is $732.
What is the unemployment rate in Franklin?
The unemployment rate in Franklin, WV is 0.0%.