Franklin, VA 23851 has a population of approximately 13,029 and experiences a population change rate of -2.75%. The population density is 121.9 / sq mi .
Franklin, VA 23851 has a population of approximately 13,029 and experiences a population change rate of -2.75%. The population density is 121.9 / sq mi .
The median household income for Franklin, VA 23851 is $54,274, with 5,350 households and an average household size of 2.4.
The median value of a home in Franklin, VA 23851 is $203,000 with an appreciation rate of 18.60%. 51.04% of housing in the state is owned while 35.95% is rented.
The cost of living in Franklin, VA 23851 is 87.4 %.
The unemployment rate in Franklin, VA 23851 is 3.50%, and recent job growth is at 2.35%. Future job growth is projected at 29.51%.
The sales tax rate in Franklin, VA 23851 is 6.00%, while the income tax rate is 5.75% .
School expenditures in Franklin, VA 23851 are $15,676, and the school ratio is 14:1.
The average high temperature in July is 88.4 degrees, with an average low temperature in January of 29.6 degrees. The average rainfall is approximately 48.5 inches per year, with 4.4 inches of snow per year.