Franklin County, Iowa
Income Data
At a Glance
How Franklin County Compares
Detailed Income Statistics
Data Story
About Household Income in Franklin County, Iowa
Franklin Trails the National Income Mark
Franklin County's median household income of $63,648 sits 15% below the $74,755 national median. The county's economic position reflects the broader struggles of rural agricultural communities in Iowa.
Below State Average in Iowa
At $63,648, Franklin falls short of Iowa's median household income of $69,830, placing it in the lower-middle tier of state counties. The per capita income of $32,451 ranks notably below Iowa's $37,136 average.
Mixed Performance in the Cluster
Franklin's $63,648 income exceeds Fayette County's $58,764 but trails stronger performers like Grundy at $83,617 and Guthrie at $79,981. The regional variation suggests that employment opportunities differ considerably between neighboring counties.
Excellent Housing Affordability
Franklin's rent-to-income ratio of 12.2% is among the best in the region, with housing consuming minimal household earnings. The median home value of $118,500 is the lowest in this cluster, offering exceptional affordability.
Leverage Affordability Into Wealth Building
Franklin residents benefit from particularly low housing costs relative to income, freeing resources for saving and investing. Channeling even $200–$300 monthly into retirement accounts and education savings can generate substantial long-term returns.
Frequently Asked Questions
What is the median household income in Franklin County, Iowa?
How much do people earn in Franklin County?
How does Franklin County compare to the Iowa average?
What is the per capita income in Franklin County, Iowa?
Is Franklin County a low-income area in Iowa?
How does Franklin County rank for income in Iowa?
Income Comparison Calculator
See how your household income compares in Franklin County
Your income is above the Franklin County median
County median: $63,648 per year
vs. County Median
+0%
vs. State Average
-9%
vs. National Median
-15%
Income Adequacy
Your monthly income ($5,304) vs. median rent ($649/mo). A ratio of 3.3x or higher means rent is under 30% of income.
Grow Your Wealth
See how your income stacks up in Franklin County, Iowa? Start investing smarter with a robo-advisor that builds a diversified portfolio for you.
Start InvestingCounties with Similar Income Levels
Compare Financial Products in Iowa
Compare savings accounts, CDs, and money market rates from top banks to make the most of your earnings.
Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.