Franklin

Population: 8,757
Median household income: $69,870
Median home value: $243,800

Franklin, a community in Merrimack County, New Hampshire, has 8,757 residents. Its median household income of $69,870 runs below the Merrimack County figure of $93,944.

Between 2019 and 2023, Franklin's population grew 1.6% from 8,623 to 8,757, while its median home value rose 47.9% from $164,800 to $243,800.

White (non-Hispanic) residents are the largest group, 94.2% of the population. 76.9% of workers drive to work alone.

Demographics

ACS 2019–2023

Population: 8,757
Median age: 42.9 yrs
Median household income: $69,870
Median home value: $243,800
Median gross rent: $1,088
Housing units: 3,994
Homeownership rate: 62.3%
Bachelor's degree or higher: 19.2%
Unemployment rate: 4.6%

Trends

ACS 5-year · 2019–2023

Population

8,6238,757

Median household income

$52,795$69,870

Median home value

$164,800$243,800

Median gross rent

$847$1,088

Year	Population	Median household income	Median home value	Median gross rent
2019	8,623	$52,795	$164,800	$847
2020	8,695	$57,992	$188,700	$889
2021	8,766	$61,664	$205,300	$948
2022	8,746	$66,942	$233,800	$1,037
2023	8,757	$69,870	$243,800	$1,088

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

Age distribution

Under 54.1%

5 to 1713.4%

18 to 247.9%

25 to 3412.1%

35 to 4415.4%

45 to 5411.6%

55 to 6414.7%

65 to 7410.0%

75 and over10.8%

	Count	Share
Under 5	358	4.1%
5 to 17	1,175	13.4%
18 to 24	696	7.9%
25 to 34	1,056	12.1%
35 to 44	1,345	15.4%
45 to 54	1,015	11.6%
55 to 64	1,291	14.7%
65 to 74	872	10.0%
75 and over	949	10.8%

Race & ethnicity

	Count	Share
White (non-Hispanic)	8,252	94.2%
Black or African American	27	0.3%
American Indian & Alaska Native	0	0.0%
Asian	21	0.2%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	61	0.7%
Two or more races	396	4.5%
Hispanic or Latino (any race)	0	0.0%

Educational attainment (age 25+)

No high school diploma9.4%

High school graduate36.6%

Some college or associate's34.8%

Bachelor's degree9.7%

Graduate or professional degree9.5%

	Count	Share
No high school diploma	616	9.4%
High school graduate	2,388	36.6%
Some college or associate's	2,272	34.8%
Bachelor's degree	630	9.7%
Graduate or professional degree	622	9.5%

Commute to work

Mean travel time to work: 32 min

Drove alone76.9%

Carpooled12.0%

Public transit0.0%

Walked1.9%

Bicycle0.0%

Worked from home7.9%

Other means1.3%

How workers get to work

	Count	Share
Drove alone	3,377	76.9%
Carpooled	525	12.0%
Public transit	0	0.0%
Walked	85	1.9%
Bicycle	0	0.0%
Worked from home	348	7.9%
Other means	58	1.3%

Travel time

	Count	Share
Under 15 min	987	24.4%
15 to 29 min	964	23.8%
30 to 44 min	1,158	28.6%
45 to 59 min	510	12.6%
60+ min	426	10.5%

Households

Average household size: 2.37
Poverty rate: 6.4% (550 of 8,607)

	Count	Share
Family households	2,302	64.0%
Nonfamily households	1,294	36.0%

Housing

Median year structure built: 1958

Occupancy

	Count	Share
Occupied	3,596	90.0%
Vacant	398	10.0%

Tenure (of occupied units)

	Count	Share
Owner-occupied	2,242	62.3%
Renter-occupied	1,354	37.7%

1-unit, detached55.5%

1-unit, attached1.5%

2 to 4 units27.2%

5 to 19 units10.0%

20 or more units2.5%

Mobile home & other3.4%

Units in structure

	Count	Share
1-unit, detached	2,216	55.5%
1-unit, attached	58	1.5%
2 to 4 units	1,085	27.2%
5 to 19 units	401	10.0%
20 or more units	100	2.5%
Mobile home & other	134	3.4%

Geography

Place GEOID: 3327380
Type (LSAD): 25
Land area: 27 sq mi
Water area: 1.74 sq mi
Center point: 43.4539, -71.6699