Franklin County NE Information


Franklin County Subdivisions

Franklin County NE Data & Demographics (As of July 1, 2023)


Total Population 2,819 (100%)
Population in Households 2,794 (99.1%)
Population in Families 2,263 (80.3%)
Population in Group Quarters1 25 ( 0.9%)
Population Density 5
Diversity Index2 15


Median Household Income $55,591
Average Household Income $73,243
% of Income for Mortgage4 11%
Per Capita Income $32,644
Wealth Index5 64
Socioeconomic Status Index6 Moderate (52.1)


Total HU (Housing Units) 1,513 (100%)
Owner Occupied HU 1,035 (68.4%)
Renter Occupied HU 221 (14.6%)
Vacant Housing Units 257 (17.0%)
Median Home Value $97,567
Average Home Value $157,609
Housing Affordability Index3 218


Total Households 1,256
Average Household Size 2.22
Family Households 801
Average Family Size 3.00
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.


2020-2023 2023-2028
Population -0.75% -0.50%
Households -0.70% -0.45%
Families   -0.48%
Median Household Income   2.15%
Per Capita Income   2.52%
Owner Occupied HU   -0.31%


Franklin County NE - Peer Comparisons by Rank and Percentile

The table below compares Franklin County to the other 93 counties and county equivalents in Nebraska by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 69 28th
Population Density # 61 35th
Median Household Income # 72 24th
Housing Affordability Index # 91 98th
Per Capita Income # 67 29th
Diversity Index # 79 16th

Additional comparisons and rankings can be made with a VERY EASY TO USE Nebraska Census Data Comparison Tool.

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