Franklin

Population: 135
Median household income: $47,500
Median home value: $116,500

Franklin, a community in Lee County, Iowa, has 135 residents. The median household income of $47,500 is below the Lee County median ($59,803).

From 2019 to 2023, Franklin's population declined 16.1% from 161 to 135, while its median home value fell 1.9% from $118,800 to $116,500.

93.5% of homes are single-family detached houses. The typical home was built around 1957.

Demographics

ACS 2019–2023

Population: 135
Median age: 45.4 yrs
Median household income: $47,500
Median home value: $116,500
Median gross rent: —
Housing units: 62
Homeownership rate: 91.9%
Bachelor's degree or higher: 16.1%
Unemployment rate: 0.0%

Trends

ACS 5-year · 2019–2023

Population

161135

Median household income

$61,000$47,500

Median home value

$118,800$116,500

Year	Population	Median household income	Median home value
2019	161	$61,000	$118,800
2020	175	$45,833	$116,100
2021	137	$45,000	$114,600
2022	127	$51,667	$118,500
2023	135	$47,500	$116,500

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

Age distribution

Under 55.2%

5 to 1719.3%

18 to 246.7%

25 to 347.4%

35 to 449.6%

45 to 5411.1%

55 to 6411.9%

65 to 749.6%

75 and over19.3%

	Count	Share
Under 5	7	5.2%
5 to 17	26	19.3%
18 to 24	9	6.7%
25 to 34	10	7.4%
35 to 44	13	9.6%
45 to 54	15	11.1%
55 to 64	16	11.9%
65 to 74	13	9.6%
75 and over	26	19.3%

Race & ethnicity

	Count	Share
White (non-Hispanic)	132	97.8%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	3	2.2%
Hispanic or Latino (any race)	0	0.0%

Educational attainment (age 25+)

No high school diploma2.2%

High school graduate52.7%

Some college or associate's29.0%

Bachelor's degree12.9%

Graduate or professional degree3.2%

	Count	Share
No high school diploma	2	2.2%
High school graduate	49	52.7%
Some college or associate's	27	29.0%
Bachelor's degree	12	12.9%
Graduate or professional degree	3	3.2%

Commute to work

Mean travel time to work: 26 min

Drove alone85.2%

Carpooled3.7%

Public transit0.0%

Walked0.0%

Bicycle0.0%

Worked from home9.3%

Other means1.9%

How workers get to work

	Count	Share
Drove alone	46	85.2%
Carpooled	2	3.7%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	5	9.3%
Other means	1	1.9%

Travel time

	Count	Share
Under 15 min	9	18.4%
15 to 29 min	24	49.0%
30 to 44 min	12	24.5%
45 to 59 min	0	0.0%
60+ min	4	8.2%

Households

Average household size: 2.18
Poverty rate: 3.7% (5 of 134)

	Count	Share
Family households	35	56.5%
Nonfamily households	27	43.5%

Housing

Median year structure built: 1957

Occupancy

	Count	Share
Occupied	62	100.0%
Vacant	0	0.0%

Tenure (of occupied units)

	Count	Share
Owner-occupied	57	91.9%
Renter-occupied	5	8.1%

1-unit, detached93.5%

1-unit, attached6.5%

2 to 4 units0.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	58	93.5%
1-unit, attached	4	6.5%
2 to 4 units	0	0.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 1928740
Type (LSAD): 25
Land area: 0.16 sq mi
Water area: 0 sq mi
Center point: 40.6668, -91.5118