Franklin County, Arkansas

Income Data

+1% vs. Arkansas average
$51,919
Median Household Income
$27,137
Per Capita Income

At a Glance

Median Household Income
$51,919
+1% vs. state avg
Per Capita Income
$27,137
-31% vs. national
Income-to-Housing Ratio
43.7%
income as % of home value
Rank in Arkansas
#30 / 75
by median household income

How Franklin County Compares

Franklin County$51,919
Arkansas Average$51,156
National Median$74,755

Detailed Income Statistics

$51,919
Median Household Income
$27,137
Per Capita Income
$118,800
Median Home Value
43.7%
Income-to-Housing Ratio

Data Story

About Household Income in Franklin County, Arkansas

Franklin County near state average income

Franklin County's median household income of $51,919 sits just slightly above Arkansas's state average of $51,156, making it representative of typical Arkansas counties. It trails the national median of $74,755 by $22,836—a 31% gap reflecting broader state economic conditions.

Franklin matches Arkansas median performance

Franklin County's income places it near the state average, neither leading nor significantly trailing peer counties. This middle position reflects a moderately diverse local economy.

Franklin outpaces lower-income neighbors

Franklin's $51,919 exceeds Cross County ($47,012), Dallas ($44,694), Drew ($41,071), and Desha ($36,064), but trails Crawford ($60,362) and Faulkner ($65,071). Its position as a bridge county reflects mixed economic prospects.

Housing affordability remains reasonable here

At 16.6%, Franklin's rent-to-income ratio falls comfortably below the 30% threshold, allowing households discretion in budgeting. Median home values of $118,800 keep homeownership within reach for median-earning families with modest down payments.

Steady saving builds Franklin family wealth

Franklin families should establish consistent monthly savings targets and invest in employer retirement plans as the foundation for wealth building. With reasonable housing costs, even $200-$300 monthly automated transfers create substantial long-term nest eggs.

Frequently Asked Questions

What is the median household income in Franklin County, Arkansas?
The median household income in Franklin County, Arkansas is $51,919, 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 $27,137, 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 $51,919.
How does Franklin County compare to the Arkansas average?
Franklin County's median household income of $51,919 is higher than the Arkansas state average of $51,156. The per capita income is $27,137, compared to the state average of $28,096.
What is the per capita income in Franklin County, Arkansas?
The per capita income in Franklin County, Arkansas is $27,137, 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.
Why is Franklin County income higher than the Arkansas average?
Franklin County's median household income of $51,919 is higher than the Arkansas average of $51,156. This difference of $763 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Franklin County rank for income in Arkansas?
Franklin County ranks #30 out of 75 counties in Arkansas by median household income (1 = highest). With a median household income of $51,919 and per capita income of $27,137, it falls in the middle third of counties statewide.

Income Comparison Calculator

See how your household income compares in Franklin County

$
1.00x

Your income is above the Franklin County median

County median: $51,919 per year

vs. County Median

+0%

vs. State Average

+1%

vs. National Median

-31%

vs. Franklin County MedianAbout equal
vs. Arkansas Average1% above
vs. National Median31% below

Income Adequacy

Monthly income covers median rent6.0x

Your monthly income ($4,327) vs. median rent ($717/mo). A ratio of 3.3x or higher means rent is under 30% of income.

Sponsored

Grow Your Wealth

See how your income stacks up in Franklin County, Arkansas? Start investing smarter with a robo-advisor that builds a diversified portfolio for you.

Start Investing

Counties with Similar Income Levels

Sponsored

Compare Financial Products in Arkansas

Compare savings accounts, CDs, and money market rates from top banks to make the most of your earnings.

Compare Rates

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