Franklin County, Alabama

Income Data

-5% vs. Alabama average
$51,493
Median Household Income
$26,036
Per Capita Income

At a Glance

Median Household Income
$51,493
-5% vs. state avg
Per Capita Income
$26,036
-34% vs. national
Income-to-Housing Ratio
40.2%
income as % of home value
Rank in Alabama
#35 / 67
by median household income

How Franklin County Compares

Franklin County$51,493
Alabama Average$54,196
National Median$74,755

Detailed Income Statistics

$51,493
Median Household Income
$26,036
Per Capita Income
$128,000
Median Home Value
40.2%
Income-to-Housing Ratio

Data Story

About Household Income in Franklin County, Alabama

Franklin income gap reflects rural trends

Franklin County's median household income of $51,493 falls 31% below the national median of $74,755. This $23,262 annual gap is typical of rural Alabama counties competing in a service-driven national economy.

Slightly below Alabama average

Franklin's $51,493 median income trails Alabama's state average of $54,196 by 5%, ranking it in the lower-middle tier statewide. Franklin households earn about $2,700 less per year than the typical Alabama resident.

Modest advantage over nearby peers

Franklin's $51,493 edges ahead of Fayette County ($50,733) and DeKalb County ($51,149) but trails Elmore County ($75,553) by $24,060. Franklin sits in the middle of its regional income spectrum.

Reasonable rental and home costs

Franklin's 15.5% rent-to-income ratio signals strong housing affordability for renters. Median home values of $128,000 represent roughly 2.5 years of median household income, remaining accessible for most qualified buyers.

Build incrementally on solid footing

Franklin residents earning $51,493 should maximize employer 401(k) matches and establish automatic monthly transfers to savings accounts. With low housing-cost burdens, even modest investment amounts accumulate meaningfully toward retirement and long-term wealth goals.

Frequently Asked Questions

What is the median household income in Franklin County, Alabama?
The median household income in Franklin County, Alabama is $51,493, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Franklin County?
The per capita income in Franklin County is $26,036, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $51,493.
How does Franklin County compare to the Alabama average?
Franklin County's median household income of $51,493 is lower than the Alabama state average of $54,196. The per capita income is $26,036, compared to the state average of $29,701.
What is the per capita income in Franklin County, Alabama?
The per capita income in Franklin County, Alabama is $26,036, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is Franklin County a low-income area in Alabama?
Franklin County's median household income of $51,493 is below the Alabama average of $54,196. The per capita income of $26,036 is also lower than the state average of $29,701. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Franklin County rank for income in Alabama?
Franklin County ranks #35 out of 67 counties in Alabama by median household income (1 = highest). With a median household income of $51,493 and per capita income of $26,036, it falls in the middle third of counties statewide.

Income Comparison Calculator

See how your household income compares in Franklin County

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County median: $51,493 per year

vs. County Median

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vs. State Average

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vs. National Median

-31%

vs. Franklin County MedianAbout equal
vs. Alabama Average5% below
vs. National Median31% below

Income Adequacy

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Your monthly income ($4,291) vs. median rent ($667/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.