Franklin, Wisconsin Median Income

Franklin, Wisconsin has a population of 311, with a median household income of $41,218.

Current median income data for Franklin.

$41,218

👥

Population

311

💰

Median Income

$41,218

📉

Unemployment

6.30%

🏠

Housing Price

$161,700

🚨

Crime Rate

7.50

🌐

Internet Speed

41.40 Mbps

Franklin is a small local community located in Wisconsin. The city has a population that is below the average city population in Wisconsin, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Franklin is a notable city in Wisconsin, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Franklin has a population of 311, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Franklin is $41,218, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Franklin is about $161,700, making it relatively affordable compared to many cities in Wisconsin.

Employment and Safety

The unemployment rate in Franklin is 6.30%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Franklin are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Wisconsin, Franklin shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Franklin continues to play a role in shaping regional trends in Wisconsin, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Franklin

What is the population of Franklin?

The population of Franklin is approximately 311.

Is Franklin a good place to live?

Franklin offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Franklin?

The median household income in Franklin is around $41,218.

How expensive is housing in Franklin?

The average housing price in Franklin is approximately $161,700.