Franklin

Population: 242
Median household income: $54,500
Median home value: $78,800

Franklin, a community in Izard County, Arkansas, has 242 residents. Its median household income of $54,500 runs above the Izard County figure of $47,728.

From 2019 to 2023, Franklin's population grew 122.0% from 109 to 242, while its median home value rose 64.2% from $48,000 to $78,800.

30.6% of residents live below the poverty line. Households average 2.57 people.

Demographics

ACS 2019–2023

Population: 242
Median age: 36.3 yrs
Median household income: $54,500
Median home value: $78,800
Median gross rent: —
Housing units: 117
Homeownership rate: 97.9%
Bachelor's degree or higher: 11.8%
Unemployment rate: 8.5%

Trends

ACS 5-year · 2019–2023

Population

109242

Median household income

$35,625$54,500

Median home value

$48,000$78,800

Median gross rent

$506$500

Year	Population	Median household income	Median home value	Median gross rent
2019	109	—	$48,000	$506
2020	116	$35,625	$49,000	$500
2021	144	—	$55,800	—
2022	184	$40,000	$54,100	—
2023	242	$54,500	$78,800	—

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 52.9%

5 to 1715.7%

18 to 240.8%

25 to 3428.5%

35 to 447.9%

45 to 542.1%

55 to 6428.1%

65 to 748.7%

75 and over5.4%

	Count	Share
Under 5	7	2.9%
5 to 17	38	15.7%
18 to 24	2	0.8%
25 to 34	69	28.5%
35 to 44	19	7.9%
45 to 54	5	2.1%
55 to 64	68	28.1%
65 to 74	21	8.7%
75 and over	13	5.4%

Race & ethnicity

	Count	Share
White (non-Hispanic)	224	92.6%
Black or African American	0	0.0%
American Indian & Alaska Native	3	1.2%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	12	5.0%
Hispanic or Latino (any race)	3	1.2%

Educational attainment (age 25+)

No high school diploma18.5%

High school graduate47.7%

Some college or associate's22.1%

Bachelor's degree11.8%

Graduate or professional degree0.0%

	Count	Share
No high school diploma	36	18.5%
High school graduate	93	47.7%
Some college or associate's	43	22.1%
Bachelor's degree	23	11.8%
Graduate or professional degree	0	0.0%

Commute to work

Mean travel time to work: 21 min

Drove alone68.6%

Carpooled10.5%

Public transit0.0%

Walked4.7%

Bicycle0.0%

Worked from home16.3%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	59	68.6%
Carpooled	9	10.5%
Public transit	0	0.0%
Walked	4	4.7%
Bicycle	0	0.0%
Worked from home	14	16.3%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	33	45.8%
15 to 29 min	17	23.6%
30 to 44 min	7	9.7%
45 to 59 min	15	20.8%
60+ min	0	0.0%

Households

Average household size: 2.57
Poverty rate: 30.6% (74 of 242)

	Count	Share
Family households	57	60.6%
Nonfamily households	37	39.4%

Housing

Median year structure built: 1972

Occupancy

	Count	Share
Occupied	94	80.3%
Vacant	23	19.7%

Tenure (of occupied units)

	Count	Share
Owner-occupied	92	97.9%
Renter-occupied	2	2.1%

1-unit, detached69.2%

1-unit, attached0.0%

2 to 4 units0.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other30.8%

Units in structure

	Count	Share
1-unit, detached	81	69.2%
1-unit, attached	0	0.0%
2 to 4 units	0	0.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	36	30.8%

Geography

Place GEOID: 0525030
Type (LSAD): 43
Land area: 2.13 sq mi
Water area: 0 sq mi
Center point: 36.1727, -91.7697