Franklin, PA Profile: Facts & Data

Franklin, Pennsylvania - Basic Facts

The City of Franklin had a population of 5,911 as of July 1, 2025.

The primary coordinate point for Franklin is located at latitude 41.3978 and longitude -79.8314 in Venango County. The formal boundaries for the City of Franklin encompass a land area of 4.68 sq. miles and a water area of 0.13 sq. miles. Venango County is in the Eastern time zone (GMT -5).

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.

Jump to... (On This Page!)

Franklin, PA Data & Demographics (As of July 1, 2025)

POPULATION
Total Population	5,911 (100%)
Population in Households	5,755 (97.4%)
Population in Families	3,973 (67.2%)
Population in Group Quarters¹	156 ( 2.6%)
Population Density	1,264
Diversity Index²	24


INCOME
Median Household Income	$56,964
Average Household Income	$72,451
% of Income for Mortgage⁴	14%
Per Capita Income	$33,690
Wealth Index⁵	51
Socioeconomic Status Index⁶	Moderate (46.4)

HOUSING
Total HU (Housing Units)	3,126 (100%)
Owner Occupied HU	1,542 (49.3%)
Renter Occupied HU	1,204 (38.5%)
Vacant Housing Units	380 (12.2%)
Median Home Value	$125,943
Average Home Value	$181,736
Housing Affordability Index³	153

HOUSEHOLDS
Total Households	2,746
Average Household Size	2.10
Family Households	1,461
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

3,126 (100%)

Owner Occupied HU

1,542 (49.3%)

Renter Occupied HU

1,204 (38.5%)

Vacant Housing Units

380 (12.2%)

Median Home Value

$125,943

Average Home Value

$181,736

Housing Affordability Index³

153

HOUSEHOLDS

Total Households

2,746

Average Household Size

2.10

Family Households

1,461

Average Family Size

3.00

NOTES

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.
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.
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.
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).
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.
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.

GROWTH RATE / YEAR	2020-2025	2025-2030
Population	-0.53%	-0.53%
Households	-0.27%	-0.51%
Families		-0.60%
Median Household Income		2.15%
Per Capita Income		1.71%
Owner Occupied HU		0.04%

GROWTH RATE / YEAR

2020-2025

2025-2030

Population

-0.53%

Households

-0.27%

-0.51%

Families

-0.60%

Median Household Income

2.15%

Per Capita Income

1.71%

Owner Occupied HU

0.04%

Franklin, PA - Peer Comparisons by Rank and Percentile

The table below compares Franklin to the other 2,002 incorporated cities, towns and CDPs in Pennsylvania by rank and percentile using July 1, 2025 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	# 217	89th
Population Density	# 998	50th
Median Household Income	# 1571	22nd
Housing Affordability Index	# 1666	83rd
Per Capita Income	# 1288	36th
Diversity Index	# 859	57th

Variable Description

Rank

Percentile

Total Population

# 217

89th

Population Density

# 998

50th

Median Household Income

# 1571

22nd

Housing Affordability Index

# 1666

83rd

Per Capita Income

# 1288

36th

Diversity Index

# 859

57th

Pennsylvania Census Data Comparison Tool

Franklin, PA Profile: Facts & Data

Franklin, Pennsylvania - Basic Facts

Franklin, PA Data & Demographics (As of July 1, 2025)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Franklin, PA - Peer Comparisons by Rank and Percentile

Franklin, PA - Most Popular Things to Do

Use HTL Address Research for a Pennsylvania Address and get...

Quick & Easy Ways to...

Pennsylvania Census Data Comparison Tool

Venango County