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Place dossier plate
SheetMN-FRANKLIN-MN · Franklin, MN 513 pop · income 27th pct
Instrument codes from this place’s ACS population and household income, BEA state COL, FBI safety, national income percentile, photo-finish peer city, home-value band, and matched Census-tract book - not a moving recommendation.
Income neighbourhood around Franklin
Lowest/highest poles plus peers nearest Franklin on median household income. Full ladder: /browse and /rankings.
median HH income
Gould · lowest
30,809
Gould · lowest
30,809 median HH income
16.3% of the leader · rank #1
Pine Crest · near
54,900
Pine Crest · near
54,900 median HH income
29.0% of the leader · rank #2
Lancaster · near
54,901
Lancaster · near
54,901 median HH income
29.0% of the leader · rank #3
Fort Lewis · near
54,902
Fort Lewis · near
54,902 median HH income
29.0% of the leader · rank #4
Franklin · this city
54,904
Franklin · this city
54,904 median HH income
29.0% of the leader · rank #5
Addison · near
54,911
Addison · near
54,911 median HH income
29.0% of the leader · rank #6
Woodland · highest
189,107
Woodland · highest
189,107 median HH income
100.0% of the leader · rank #7
What this shows Neighbourhood peers only - not a full nationwide city board. Open a near peer when the gap is small; open the poles when the spread is wide.
Compare beyond this state
Nationwide peers by population, income
Out-of-state nearest neighbors for Franklin on ACS population and median household income
. Link sets are deduped so each column is a distinct comparison path, not a forecast that peers share a labor market or climate.
Similar population
Nearest out-of-state cities by ACS population. This city: 513.
Measured against every US city with at least 1,000 residents, Franklin lands in the 27th percentile for household income. Source: Census ACS.
27th
percentile, household income
5th
percentile, home value
36th
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, MN
513 people live in Franklin, Minnesota - a small town by U.S. Census Bureau ACS 2023 estimates. Franklin households earn a median of $54,904 annually, below the median for U.S. cities on this measure, with a poverty rate of 12.2%. Franklin's housing stock carries a median value of $84,800, and the median resident age is 38.0 years. About 12.5% of adults hold a bachelor's degree or higher, while 66.3% of working-age residents are in the labor force.
The Census Building Permit Survey recorded 0 residential units authorized here in 2024 (No Permits).
Minnesota tracks close to the national cost-of-living baseline: on BEA's 100-equals-national-average cost index, Minnesota scores 98.6 (Near Average), per the 2024 Regional Price Parities release. A typical two-bedroom carries a HUD Fair Market Rent of $1,125 per month statewide. EIA 2023 residential energy data puts Minnesota's average monthly utility costs around $225 (state average). On FEMA's National Risk Index, this area rates 42.4 out of 100 for natural-hazard exposure (Low).
A decision-led reading path
Useful questions to ask of Franklin's data
How this reading path is ordered
This is not a composite city score. It is a city-specific route through the available public records, ordered for this profile so the page starts with questions the joined data can actually answer. The route here runs from comparison shortlist to housing and income to schools and households to work and mobility to population change; another city can have a different sequence or fewer supported layers because the source joins are not uniform.
For Franklin, city-specific coverage includes local building permits, matched public-school count, commute-mode shares, annual population history.
No matched row is reported here for FBI reported-crime rates, within-city Census tract profiles; the page leaves those layers out instead of substituting a statewide or national value.
1. Comparison shortlist
Which cities make useful reference points for Franklin?
Use the in-state set to hold state policy and broad price conditions more nearly constant. Use the nationwide size set to ask whether cities with a similar resident count produce different housing, income, or commute outcomes. The income set is a third lens, deliberately separate from population matching.
Within Minnesota, the closest population matches are Hampton (510 residents, $106,111 income); Pennock (510 residents, $68,846 income); Gem Lake (521 residents, $146,250 income). Outside the state, the closest population matches in this dataset are So-Hi, AZ (513 residents); Bradford, AR (513 residents); Gould, AR (513 residents). A third, income-matched reference set of 6 out-of-state cities sits in the income neighbourhood chart near the Place Dossier plate. These are mechanical peer sets, not claims that the places share a labor market, climate, culture, or metro context.
How far does income reach against housing in Franklin?
This is a citywide price-to-income reference, not a mortgage-affordability test; it does not include interest rates, taxes, insurance, household size, or an individual buyer's down payment. The ratio makes housing the clearest place to start this profile, but a low multiple can coexist with slow demand, older stock, or household-level hardship. Compare the home-value distribution and same-state peer table before treating it as an advantage.
The home-value-to-income reference is relatively compact: the ACS median home value is 1.5 times median household income. The ACS poverty estimate is 12.2%, which keeps the citywide median from describing every household.
The matched institution count is small, so district boundaries and schools outside the city line may matter more than the municipal count suggests. Use the number as a coverage cue, then verify attendance zones with the district before making a household decision.
The NCES join finds 1 public school within the city match. 12.5% of adults age 25+ hold a bachelor's degree or higher in the ACS estimate. These measures answer different questions: the school count describes local institutions, while adult attainment describes residents and cannot be used as a school-quality rating.
What does the journey to work look like in Franklin?
Driving alone is the largest reported mode at 88.4%. A reliable mean commute time is not available for this row, so the mode shares carry the comparison.
Mode share answers how workers usually travel; it does not measure congestion, reliability, distance to a particular job, or the quality of transit service. The profile is strongly car-oriented, so a relocation comparison should put trip distance, vehicle access, and household fuel costs ahead of a citywide commute average. The same-state peer links offer a more relevant benchmark than a national label.
These joined records add useful context, but they do not need another full-size panel. Each remains a separate measure with its own geography and source boundary.
Population change
Is Franklin growing, shrinking, or holding steady?
Census PEP estimates show the population grew by +14 residents from 2020 to 2025, a +2.8% change. Separately, Census BPS recorded 0 housing units authorized in 2024. PEP and ACS are different Census series, so the trend is kept separate from the headline ACS population.
Recent estimates point upward. Growth can increase housing demand and service needs, but the permit record must move in the same direction before calling it a supply response; the two series measure different things.
2020 estimate
496
2025 estimate
510
Period change
+2.8%
Census Population Estimates Program, 2020–2025; permit context uses Census BPS.
Below median income · poverty 12.2% (Above-median poverty)
Cost of Living Index (state)
98.6 (US=100)
Above-average cost · BEA RPP 2024, Minnesota average
F
City profile score · Franklin, MN
30/100
4 published dimensions · ACS/FBI 2023
Comparative score against U.S. cities with population of 1,000 or more on Census ACS medians
(income, poverty, bachelor's share, cost of living) and FBI UCR violent-crime rates when
published. Higher means a stronger standing on those published figures, not a livability
rating, not a recommendation to move, buy, or pick a "best" city. Missing inputs drop out
and redistribute weight.
How it is calculated.
Cost of living D
98.6 index
BEA state Regional Price Parities index (100 ≈ national average); lower is stronger on this axis. Same value for every city in the state.
Poverty rate F
12.2%
Share of residents below the poverty line; lower scores better on this axis.
Household income F
$54,904
Median household income vs U.S. cities (pop ≥1,000); ACS.
Bachelor's+ share F
12.5%
Adults with a bachelor's degree or higher; ACS.
Violent crime N/A
N/A
No FBI UCR violent-crime rate for this place (coverage is incomplete).
Franklin profile (scored ACS/FBI dimensions)Read the chart values
Cost of living: 46/100 (D) · 98.6 index
Poverty rate: 31/100 (F) · 12.2%
Household income: 27/100 (F) · $54,904
Bachelor's+ share: 13/100 (F) · 12.5%
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 income27% higher than other cities
Home value5% pricier than other cities
Median rent36% 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 Minnesota only. Full formula and direction notes: methodology.
Minnesota-relative analysis
Median Gross Rent places Franklin near the bottom of Minnesota's cities
Among the 785 Minnesota cities PlainCities tracks with reported median gross rent data, Franklin ranks #1 - 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
#600 of 775
23rd percentile in Minnesota
Median Gross Rent
#1 of 785
0th percentile in Minnesota
Median Home Value
#694 of 774
10th percentile in Minnesota
Poverty Rate
#135 of 785
82nd percentile in Minnesota
Bachelor's Degree or Higher
#623 of 784
20th percentile in Minnesota
How in-state ranks are ordered
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 Minnesota only, not a livability score. See the methodology for the source and calculation.
Gauge source note
27th 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+)
$84,800Among the most affordablemore affordable than 95% of 15,600 US cities
Show national distribution
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
Franklin's home-value-to-income ratio: 1.5×
ACS median home value divided by median household income.
Band
affordable
< 3.0×
National rank
#466 of 15,516
More affordable than 97% of tracked cities (pop. 1,000+)
Size class
#456 of 11,323
Micro cities (under 10,000)
At 1.5×, Franklin sits in the affordable band:
national rank #466 of 15,516 and #456 of 11,323micro cities (under 10,000).
The multiple is comparatively compact among tracked cities, but a low ratio can still coexist with slow demand or household-level hardship.
How this ratio is calculated
Ratio = Census ACS 2023 median home value ÷ median household income for cities with both fields and population ≥ 1,000.
Rank 1 = lowest ratio (most compact). Bands match the fleet affordability thresholds used on guides (<3.0 / 3.0–5.0 / >5.0).
This is not a mortgage payment estimate and does not include rates, taxes, insurance, or down payment.
Income distribution context
$54,904Franklin, MN median household income (Census ACS)
Show U.S. national quintile / Lorenz context Franklin, MN median household income (Census ACS 5-year) with U.S. national quintile shares for context. Diagonal = equality; the curve is national, not computed for Franklin, MN.
Key socioeconomic indicators
Bachelor's degree or higher (adults 25+)12.5%
Census ACS S1501, educational attainment
Poverty rate (households below FPL)12.2%
Census ACS S1701, poverty status
Labor force participation (adults 16+)66.3%
Census ACS S2301, share of working-age residents in the labor force
Population
513
Median Income
$54,904
Median Home Value
$84,800
Median Age
38.0
Poverty Rate
12.2%
Labor force participation
66.3%
Bachelor's Degree+
12.5%
Schools
Total Schools
1
Public schools in this city
Population Change
PEP vintage
Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025
Franklin's Census PEP population estimates, 2020–2025.Read the chart as text
Period
Population
2020
496 residents
2021
493 residents
2022
516 residents
2023
517 residents
2024
513 residents
2025
510 residents
Housing Supply
BPS source
Census Bureau Building Permits Survey (BPS) - annual residential permits authorized
Total Permits (2024)
0
housing units authorized
Single-Family
0
detached homes
Multifamily
0
apartments & condos
5-Year Permit Trend (2019–2024)
Year
Total
Single-Family
Multifamily
Est. Value
2019
0
0
0
-
2020
0
0
0
-
2021
13
0
13
$1.2M
2022
1
1
0
$0.3M
2023
0
0
0
-
2024
0
0
0
-
Commute Patterns
Commute source
How workers travel to work, Census ACS 2023
Drive Alone
88.4%
Carpool
2.7%
Public Transit
0.0%
Walk
2.3%
Work from Home
4.7%
Other
1.9%
Based on 258 workers 16 and over.
Monthly Utility Costs
Minnesota statewide monthly utility average (EIA 2023): $225
EIA 2023 residential energy data puts average monthly utilities across Minnesota at $225 (electricity about $95 , water and sewer about $45 ).
These are Minnesota statewide averages, not a meter reading for Franklin. Actual bills vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.
Living Costs & Risk
Minnesota's BEA cost-of-living index is 98.6 (Near Average; US average = 100, RPP 2024). HUD Fair Market Rent for a typical two-bedroom in the county around Franklin is $1,125/mo. FEMA's National Risk Index, averaged to Minnesota statewide on PlainCities, rates natural-hazard exposure at 42.4 / 100 (Low).
Cost/risk geography note
Cost of living is a Minnesota statewide BEA average; rent is a county-level HUD Fair Market Rent for the county Franklin sits in; the FEMA hazard score shown here is a statewide average of county NRI inputs, not a parcel-level reading.
How Franklin compares to similar-size Minnesota cities
Same-state peer method
Closest same-state population matches, not geographic neighbors. Population + median household income come from Census Bureau ACS 5-year B01001 and B19013.
Source: U.S. Census Bureau ACS 5-Year 2023, NCES CCD, Census BPS 2024, 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.