City profile · Illinois · Census ACS 2023

Franklin, IL

Population, income, housing, safety, climate and schools for Franklin - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

554
Residents
$66,250
Median income
$103,300
Median home
$916
Median rent (state)

Franklin - the verdict

Nationally, Franklin sits in the 45th percentile for household income among US cities with a population of 1,000 or more. Source: Census ACS.

45th
percentile, household income
11th
percentile, home value
5th
percentile, median rent
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Franklin, IL

Illinois's Franklin is a small town, with 554 residents per the latest Census Bureau ACS figures. Franklin households earn a median of $66,250 annually, below the median for U.S. cities on this measure, with a poverty rate of 9.2%. Home values in Franklin run a median of $103,300, and the median resident age is 36.3 years. About 23.4% of adults hold a bachelor's degree or higher, while 59.9% of working-age residents are in the labor force.

The city is served by 3 public schools according to NCES Common Core of Data.

Illinois tracks close to the national cost-of-living baseline: BEA Regional Price Parities 2024 puts Illinois at 100.0 on a 100-equals-national-average scale (Near Average). HUD Fair Market Rent for a typical two-bedroom in this state is $916 per month. EIA 2023 residential energy data puts Illinois's average monthly utility costs around $240 (state average). On FEMA's National Risk Index, this area rates 71.1 out of 100 for natural-hazard exposure (High).

Population

554 residents

Census ACS 2023 - Illinois

Median Household Income

$66,250 /yr

Poverty 9.2%

Cost of Living Index (state)

100.0 (US=100)

Near Average - BEA RPP 2024, Illinois average

How does Franklin compare to other US cities?

Where Franklin sits among all US cities (population 1,000+) on each measure, computed live from Census and FBI data.

Household income 45% higher than other cities
Home value 11% pricier than other cities
Median rent 5% pricier than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

How we calculate these percentiles & ranks

Each percentile compares Franklin against every qualifying US city; each in-state rank narrows that to Illinois only. Full formula and direction notes: methodology.

Illinois-relative analysis

Median Gross Rent places Franklin near the bottom of Illinois's cities

Among the 1,336 Illinois cities PlainCities tracks with reported median gross rent data, Franklin ranks #935 - the 0th percentile within the state. This is a different, narrower cut than the nationwide percentiles above: it compares Franklin only against its own state's cities, not the full US field.

Median Household Income
#678 of 1,311
48th percentile in Illinois
Median Gross Rent
#935 of 1,336
0th percentile in Illinois
Median Home Value
#797 of 1,315
39th percentile in Illinois
Poverty Rate
#516 of 1,335
61st percentile in Illinois
Bachelor's Degree or Higher
#457 of 1,336
66th percentile in Illinois

Ranked by raw value (highest first); a higher rank is not automatically "better" for every measure, see each metric's own context above. This is a comparison within Illinois only, not a livability score. See the methodology for the source and calculation.

45thIncome percentile

45th percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.

How Franklin's home value compares nationally

Median home value vs. every US city (population 1,000+)

$103,300 Among the most affordable more affordable than 89% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). Below this entry. $100,000–$125,000: 1,516 US cities (10%). This entry sits in this band. $125,000–$150,000: 1,170 US cities (8%). Above this entry. $150,000–$175,000: 1,278 US cities (8%). Above this entry. $175,000–$200,000: 1,229 US cities (8%). Above this entry. $200,000–$225,000: 1,035 US cities (7%). Above this entry. $225,000–$250,000: 976 US cities (6%). Above this entry. $250,000–$275,000: 754 US cities (5%). Above this entry. $275,000–$300,000: 712 US cities (5%). Above this entry. $300,000–$325,000: 521 US cities (3%). Above this entry. $325,000–$350,000: 526 US cities (3%). Above this entry. $350,000–$375,000: 465 US cities (3%). Above this entry. $375,000–$400,000: 393 US cities (3%). Above this entry. $400,000–$425,000: 317 US cities (2%). Above this entry. $425,000–$450,000: 300 US cities (2%). Above this entry. $450,000–$475,000: 307 US cities (2%). Above this entry. $475,000–$500,000: 250 US cities (2%). Above this entry. $500,000–$525,000: 160 US cities (1%). Above this entry. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Franklin $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Franklin, IL Franklin, IL's reported median household income shown against the U.S. national quintile-share pattern (not Franklin, IL-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Franklin, IL median $66,250/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Franklin, IL's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Franklin, IL. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 23.4%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 9.2%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 59.9%

Census ACS S2301, share of working-age residents in the labor force

Population
554
Median Income
$66,250
Median Home Value
$103,300
Median Age
36.3
Poverty Rate
9.2%
Labor force participation
59.9%
Bachelor's Degree+
23.4%

Schools

Total Schools
3
Public schools in this city

Population Change

Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025

See the fastest-growing cities →
580 residents590 residents600 residents610 residents620 residents 202020212022202320242025 609 residents 587 residents ▼ -3.6%
Franklin's Census PEP population estimates, 2020–2025.

Commute Patterns

How workers travel to work, Census ACS 2023

Drive Alone
83.5%
Carpool
0.8%
Public Transit
0.0%
Walk
3.2%
Work from Home
12.4%

Based on 249 workers 16 and over.

Monthly Utility Costs

State-average estimates for Illinois - EIA 2023 residential energy data

Electricity
$100
avg/month
Natural Gas
$90
avg/month
Water & Sewer
$50
avg/month
Total Utilities
$240
estimated/month

Estimates reflect Illinois state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Illinois state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Franklin sits in

Cost of Living Index
100.0
Near Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$916/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
71.1 / 100
High
FEMA NRI composite score (county)

Similar Cities in Illinois

Dawson
555 people
Chandlerville
552 people
Hecker
556 people
Ava
557 people
Dix
557 people
Grand Tower
551 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Franklin's 554 residents (Census ACS 5-Year 2023).

Jacksons' Gap, AL
554 people
Saguache, CO
554 people
Garwin, IA
554 people
Grand Mound, IA
554 people
Claremont, MN
554 people
Bell City, MO
554 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Franklin's $66,250 (Census ACS 5-Year 2023, table B19013).

Jasper, AL
$66,250 median income
Port Alsworth, AK
$66,250 median income
Arivaca Junction, AZ
$66,250 median income
Chualar, CA
$66,250 median income
Indian Lake Estates, FL
$66,250 median income
Ephesus, GA
$66,250 median income

Race & Ethnicity Composition

Race and ethnicity - Franklin, IL Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Franklin, IL - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 97.8% ETHNICITY, Hispanic or Latino (any race) 1.4% White 97.8% Black or African American 0.0% Asian 0.9% American Indian 0.0% Native Hawaiian 0.0% Some other race 0.0% Two or more races 1.3% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Franklin compares to nearby Illinois cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Franklin (this city) 554 $66,250
Dawson 555 $82,880
Chandlerville 552 $43,333
Hecker 556 $80,260
Census ACS 5-year FIPS IL NCES CCD OMB Bulletin 23-01

What do people ask about Franklin, IL?

What is the population of Franklin, IL? +

The population of Franklin, IL stands at 554 according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Franklin, IL? +

The median household income in Franklin is $66,250 per year, based on Census ACS 2023 data.

What is the cost of living in Franklin? +

BEA does not publish a city-level cost-of-living figure for Franklin; the closest available measure is the Illinois state average, a cost of living index of 100.0 (U.S. average = 100), rated "Near Average" based on BEA Regional Price Parities 2024 data. Costs within Illinois vary by metro area.

What is the median home value in Franklin, IL? +

Franklin's median home value sits at $103,300, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, NCES CCD, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Read our methodology - how this data is sourced, computed, and verified.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.