Also See Franklin, NE: ZIP Codes & Maps
The City of Franklin had a population of 932 as of July 1, 2024.
The primary coordinate point for Franklin is located at latitude 40.0961 and longitude -98.9526 in Franklin County. The formal boundaries for the City of Franklin encompass a land area of 0.99 sq. miles and a water area of 0 sq. miles. Franklin County is in the Central time zone (GMT -6).
The City of Franklin has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
POPULATION | |
---|---|
Total Population | 932 (100%) |
Population in Households | 907 (97.3%) |
Population in Families | 713 (76.5%) |
Population in Group Quarters1 | 25 ( 2.7%) |
Population Density | 939 |
Diversity Index2 | 15 |
INCOME | |
Median Household Income | $56,313 |
Average Household Income | $75,634 |
% of Income for Mortgage4 | 12% |
Per Capita Income | $33,313 |
Wealth Index5 | 71 |
Socioeconomic Status Index6 | Moderate (52.5) |
HOUSING | |
---|---|
Total HU (Housing Units) | 500 (100%) |
Owner Occupied HU | 323 (64.6%) |
Renter Occupied HU | 87 (17.4%) |
Vacant Housing Units | 90 (18.0%) |
Median Home Value | $108,607 |
Average Home Value | $155,805 |
Housing Affordability Index3 | 204 |
HOUSEHOLDS | |
Total Households | 410 |
Average Household Size | 2.21 |
Family Households | 262 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2024 | 2024-2029 |
---|---|---|
Population | -0.23% | -0.04% |
Households | -0.17% | -0.25% |
Families | -0.46% | |
Median Household Income | 1.54% | |
Per Capita Income | 2.14% | |
Owner Occupied HU | -0.25% |
The table below compares Franklin to the other 593 incorporated cities, towns and CDPs in Nebraska by rank and percentile using July 1, 2024 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 | # 124 | 79th |
Population Density | # 231 | 61st |
Median Household Income | # 474 | 20th |
Housing Affordability Index | # 553 | 93rd |
Per Capita Income | # 453 | 24th |
Diversity Index | # 397 | 33rd |
Additional comparisons and rankings can be made with a VERY EASY TO USE Nebraska Census Data Comparison Tool.
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