IncomeBy County

Franklin Parish, Louisiana

Income Data

U.S. Census Bureau ACS
-20% vs. Louisiana average
$44,103
Median Household Income
$25,511
Per Capita Income

At a Glance

Median Household Income
$44,103
-20% vs. state avg
Per Capita Income
$25,511
-35% vs. national
Income-to-Housing Ratio
37.6%
income as % of home value
Rank in Louisiana
#51 / 64
by median household income

Economic Indicators

Unemployment Rate
N/A
Labor Force Participation
N/A

How Franklin Parish Compares

Franklin Parish$44,103
Louisiana Average$55,250
National Median$74,755

Detailed Income Statistics

$44,103
Median Household Income
$25,511
Per Capita Income
$117,200
Median Home Value
37.6%
Income-to-Housing Ratio

Income Advisory: Franklin Parish

Income Verdict

Franklin Parish has a median household income of $44,103 and per capita income of $25,511 — a gap of $18,592, suggesting a higher share of single-earner or non-family households.

Housing Affordability

With median gross rent at $719/month and a median household income of $44,103, rent consumes approximately 19.6% of monthly income — well within affordable thresholds.

Economic Context

A median household income of $44,103 indicates below-average earnings, which may limit discretionary spending and make households sensitive to cost-of-living increases. Per capita income of $25,511 suggests below-average individual earnings, which may reflect local employment mix or industrial composition.

Neighbor Context

Franklin Parish earns approximately 20.2% below the Louisiana state median household income of $55,250.

Data Story

About Household Income in Franklin Parish, Louisiana

Franklin falls short nationally

Franklin Parish households earn $44,103 annually, trailing the national median of $74,755 by 41%. The parish ranks among lower-income regions nationwide, reflecting limited job diversity and wage growth in this northeast Louisiana community.

Slightly below state average

Franklin's $44,103 falls 20% short of Louisiana's state average of $55,250, placing it in the lower third of parishes. The parish remains dependent on agriculture, forestry, and declining manufacturing sectors.

Moderate earner in region

Franklin's $44,103 edges ahead of East Carroll Parish ($28,321) but trails Grant Parish ($61,112) to the west. The variance reflects Franklin's geographic isolation from major economic hubs like Shreveport and Jackson.

Rent demands significant share

At 19.6%, Franklin's rent-to-income ratio remains below the 30% affordability threshold but demands nearly one-fifth of household income. The median home value of $117,200 offers homeowners an affordable alternative to renting.

Prioritize emergency savings first

With moderate household income, Franklin residents should focus on building a three-to-six-month emergency fund before aggressive investing. Once stabilized, explore low-cost index funds and employer retirement plans to build lasting wealth.

Frequently Asked Questions

What is the median household income in Franklin Parish, Louisiana?
The median household income in Franklin Parish, Louisiana is $44,103, 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 Parish?
The per capita income in Franklin Parish is $25,511, 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 $44,103.
How does Franklin Parish compare to the Louisiana average?
Franklin Parish's median household income of $44,103 is lower than the Louisiana state average of $55,250. The per capita income is $25,511, compared to the state average of $29,702.
What is the per capita income in Franklin Parish, Louisiana?
The per capita income in Franklin Parish, Louisiana is $25,511, 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 Parish a low-income area in Louisiana?
Franklin Parish's median household income of $44,103 is below the Louisiana average of $55,250. The per capita income of $25,511 is also lower than the state average of $29,702. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Franklin Parish rank for income in Louisiana?
Franklin Parish ranks #51 out of 64 counties in Louisiana by median household income (1 = highest). With a median household income of $44,103 and per capita income of $25,511, it falls in the bottom third of counties statewide.

Income Comparison Calculator

See how your household income compares in Franklin Parish

$
1.00x

Your income is above the Franklin Parish median

County median: $44,103 per year

vs. County Median

+0%

vs. State Average

-20%

vs. National Median

-41%

vs. Franklin Parish MedianAbout equal
vs. Louisiana Average▼ 20% below
vs. National Median▼ 41% below

Income Adequacy

Monthly income covers median rent5.1x

Your monthly income ($3,675) vs. median rent ($719/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Counties with Similar Income Levels

Lee County
South Carolina
$44,145
+0%
Lawrence County
Arkansas
$44,164
+0%
Dillon County
South Carolina
$44,038
+0%
Washington County
Georgia
$44,009
+0%
Marengo County
Alabama
$44,205
+0%
Panola County
Mississippi
$43,990
+0%
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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

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

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