Franklin vs Waverly

A side-by-side comparison of Franklin and Waverly: population, income, housing, and more.

Franklin and Waverly are places in Illinois. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Waverly has the higher population (1,456 vs 554 in Franklin). Franklin has the higher median household income ($66,250 vs $55,882 in Waverly). Franklin has the higher median home value ($103,300 vs $97,600 in Waverly).

Population, income & housing

	Franklin	Waverly
Population	554	1,456
Median age	36.3 yrs	41.4 yrs
Median household income	$66,250	$55,882
Median home value	$103,300	$97,600
Median gross rent	$915	$753
Housing units	236	576
Homeownership rate	68.8%	81.2%
Bachelor's degree or higher	23.4%	19.9%
Unemployment rate	2.4%	3.1%

Trends (ACS 5-year, 2019–2023)

	Franklin	Waverly
Population	565 → 554 (-1.9%)	1,315 → 1,456 (+10.7%)
Median household income	$65,962 → $66,250 (+0.4%)	$49,167 → $55,882 (+13.7%)
Median home value	$91,900 → $103,300 (+12.4%)	$77,700 → $97,600 (+25.6%)
Median gross rent	$775 → $915 (+18.1%)	$671 → $753 (+12.2%)

Franklin

Population

565554

Median household income

$65,962$66,250

Median home value

$91,900$103,300

Median gross rent

$775$915

Waverly

Population

1,3151,456

Median household income

$49,167$55,882

Median home value

$77,700$97,600

Median gross rent

$671$753

Age & race/ethnicity

Age distribution (share)

	Franklin	Waverly
Under 5	7.2%	11.5%
5 to 17	20.8%	17.6%
18 to 24	11.0%	7.0%
25 to 34	9.2%	4.8%
35 to 44	9.0%	14.2%
45 to 54	14.6%	11.6%
55 to 64	11.2%	13.6%
65 to 74	9.9%	10.4%
75 and over	7.0%	9.3%

Race & ethnicity (share)

	Franklin	Waverly
White (non-Hispanic)	97.8%	86.7%
Black or African American	0.0%	2.3%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.0%	1.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	0.7%	1.0%
Hispanic or Latino	1.4%	9.1%

Educational attainment (age 25+)

Share of adults 25+

	Franklin	Waverly
No high school diploma	7.7%	6.1%
High school graduate	33.7%	47.4%
Some college or associate's	35.2%	26.6%
Bachelor's degree	13.3%	9.7%
Graduate or professional degree	10.1%	10.2%

Commute to work

How workers get to work (share)

	Franklin	Waverly
Drove alone	83.5%	86.9%
Carpooled	0.8%	5.4%
Public transit	0.0%	0.0%
Walked	3.2%	1.4%
Bicycle	0.0%	0.0%
Worked from home	12.4%	6.3%
Other means	0.0%	0.0%

Housing

Units in structure (share)

	Franklin	Waverly
1-unit, detached	83.5%	92.0%
1-unit, attached	4.7%	0.0%
2 to 4 units	9.3%	1.9%
5 to 19 units	0.0%	1.9%
20 or more units	0.0%	0.0%
Mobile home & other	2.5%	4.2%

Poverty & households

	Franklin	Waverly
Poverty rate	7.3%	8.1%
Average household size	2.66	2.74
Mean commute (minutes)	27	23
Median year structure built	1965	1949