Franklin, MN
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Franklin, MN: Quick Facts & Overview
- Population: 526 residents (202 people per sq. mi.)
- Average House Price: $96,283
- Average Household Income: $51,500
Franklin, MN is located in the state of Minnesota. It is home to about 526 people, with around 202 residents living in every square mile.
If you want to buy a house in Franklin, the average price is around $96,283. That makes local housing 63% lower than the Minnesota average of $260,056, and 69% lower than the national average of $308,592.
The average household in Franklin earns about $51,500 a year. This income is 37% lower than the average family in Minnesota ($82,068), and 35% lower than the national average ($78,686).
Population
526
Median Household Income
$51,500
Median Home Value
$96,283
Median Age
38.8 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $31,103 |
| Labor Force Participation | 68.8% |
| Unemployment Rate | 3.3% |
| Average Commute Time | 23.1 mins |
Housing & Community Metrics
| Home Ownership Rate | 83.9% |
| Median Rent | $838 |
| Rent Burdened (>30% Income) | 40.7% |
| Total Housing Units | 218 |
Additional Census & Housing Profile
Geographic Overview
| County | Renville |
| County FIPS | 27129 |
| Metro Area (CBSA) | - |
| Population Density | 202.0/sq mi |
| Coordinates (lat/lng) | 44.5305, -94.8841 |
| Timezone | America/Chicago |
| National Ranking | 3 |
| Incorporated | Yes |
Household Structure
| Average Family Size | 3.19 |
| Dual Income Families | 72.6% |
Marital Status
| Married | 42.8% |
| Never Married | 33.7% |
| Divorced | 15.1% |
| Widowed | 8.4% |
Gender
| Male | 52.5% |
| Female | 47.5% |
Health & Poverty
| Uninsured Rate (Health) | 9.6% |
| Poverty Rate | 16.1% |
Key Population Groups
| Veterans | 9.0% |
| Disabled Population | 9.0% |
| Limited English Proficiency | - |
All ZIP Codes in Franklin
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 55333 | 698 | $54,688 | $129,795 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Morton, MN | 5.2 miles | 384 |
| Fairfax, MN | 7.9 miles | 1,088 |
| Morgan, MN | 8.2 miles | 925 |
| Redwood Falls, MN | 10.8 miles | 5,068 |
| Clements, MN | 13.4 miles | 109 |
| Bird Island, MN | 16.2 miles | 930 |
| Hector, MN | 16.8 miles | 1,130 |
| Gibbon, MN | 17.7 miles | 918 |
| Sleepy Eye, MN | 17.9 miles | 3,444 |
| Olivia, MN | 17.9 miles | 2,205 |
| Buffalo Lake, MN | 19.4 miles | 635 |
| Wabasso, MN | 20.3 miles | 603 |
| Springfield, MN | 20.8 miles | 2,125 |
| Danube, MN | 21 miles | 472 |
| Wanda, MN | 22 miles | 104 |
| Seaforth, MN | 22.3 miles | 100 |
| Belview, MN | 22.5 miles | 362 |
| Stewart, MN | 23.7 miles | 644 |
| Renville, MN | 23.9 miles | 1,503 |
| Lafayette, MN | 24.9 miles | 484 |
| Sanborn, MN | 25.3 miles | 299 |
| New Ulm, MN | 25.5 miles | 14,056 |
| Winthrop, MN | 25.8 miles | 1,381 |
| Vesta, MN | 26.2 miles | 311 |
| Echo, MN | 26.8 miles | 197 |
| Lucan, MN | 27.4 miles | 220 |
| Lamberton, MN | 28.1 miles | 917 |
| Lake Lillian, MN | 28.7 miles | 157 |
| Sacred Heart, MN | 28.8 miles | 481 |
| Comfrey, MN | 29 miles | 338 |
| Blomkest, MN | 29.3 miles | 129 |
| Cosmos, MN | 29.5 miles | 536 |
| Brownton, MN | 29.7 miles | 546 |
| Searles, MN | 30.3 miles | 201 |
| Prinsburg, MN | 31.7 miles | 651 |
| Courtland, MN | 32.1 miles | 770 |
| Hanska, MN | 32.7 miles | 380 |
| Gaylord, MN | 33.1 miles | 2,073 |
| Wood Lake, MN | 33.1 miles | 368 |
| New Auburn, MN | 33.6 miles | 436 |
| Milroy, MN | 33.9 miles | 203 |
| Hutchinson, MN | 35 miles | 14,680 |
| Walnut Grove, MN | 35.8 miles | 808 |
| Jeffers, MN | 36.2 miles | 368 |
| Biscay, MN | 36.3 miles | 138 |
| Granite Falls, MN | 37.5 miles | 2,685 |
| Clara City, MN | 37.9 miles | 1,466 |
| Raymond, MN | 37.9 miles | 692 |
| Hanley Falls, MN | 37.9 miles | 248 |
| Nicollet, MN | 38.6 miles | 957 |
| Maynard, MN | 38.7 miles | 234 |
| Cottonwood, MN | 39.2 miles | 1,061 |
| Glencoe, MN | 39.6 miles | 5,695 |
| Butterfield, MN | 39.8 miles | 535 |
| St. James, MN | 39.9 miles | 4,767 |
| Arlington, MN | 40.1 miles | 2,065 |
| Storden, MN | 40.2 miles | 244 |
| Madelia, MN | 40.5 miles | 2,327 |
| Mountain Lake, MN | 40.8 miles | 2,070 |
| Tracy, MN | 41.3 miles | 2,057 |
| Kandiyohi, MN | 41.6 miles | 493 |
| Willmar, MN | 41.7 miles | 21,378 |
| Atwater, MN | 42.1 miles | 1,203 |
| Silver Lake, MN | 42.4 miles | 815 |
| Westbrook, MN | 43.4 miles | 792 |
| Grove City, MN | 43.8 miles | 814 |
| Lake Crystal, MN | 44.1 miles | 2,606 |
| Litchfield, MN | 44.5 miles | 6,576 |
| Green Isle, MN | 44.5 miles | 466 |
| Plato, MN | 44.7 miles | 242 |
| Pennock, MN | 44.8 miles | 549 |
| Marshall, MN | 45 miles | 13,896 |
| Darwin, MN | 45.4 miles | 358 |
| Odin, MN | 46.4 miles | 126 |
| Windom, MN | 46.9 miles | 4,799 |
| Dassel, MN | 47.3 miles | 1,358 |
| Hamburg, MN | 47.3 miles | 547 |
| St. Peter, MN | 47.4 miles | 12,185 |
| Lewisville, MN | 47.5 miles | 255 |
| Ormsby, MN | 47.9 miles | 136 |
| Henderson, MN | 48 miles | 875 |
| Kasota, MN | 48.1 miles | 554 |
| North Mankato, MN | 48.2 miles | 14,211 |
| Lester Prairie, MN | 48.2 miles | 1,898 |
| Le Sueur, MN | 48.5 miles | 4,215 |
| Garden City, MN | 48.5 miles | 194 |
| Garvin, MN | 48.5 miles | 114 |
| Spicer, MN | 48.6 miles | 1,222 |
| Clarkfield, MN | 48.8 miles | 913 |
| The Lakes, MN | 49 miles | 594 |
| Ghent, MN | 49.7 miles | 439 |
| Skyline, MN | 49.9 miles | 307 |
| Lynd, MN | 50 miles | 428 |
| Montevideo, MN | 50.1 miles | 5,315 |
| Currie, MN | 50.1 miles | 220 |
| Norwood Young America, MN | 50.3 miles | 3,849 |
| Winsted, MN | 50.5 miles | 2,181 |
| Kerkhoven, MN | 50.5 miles | 802 |
| Cokato, MN | 50.9 miles | 2,782 |
| New Germany, MN | 51 miles | 595 |