Franklin County, Missouri

Income Data

+21% vs. Missouri average
$71,973
Median Household Income
$36,524
Per Capita Income

At a Glance

Median Household Income
$71,973
+21% vs. state avg
Per Capita Income
$36,524
-7% vs. national
Income-to-Housing Ratio
33.5%
income as % of home value
Rank in Missouri
#16 / 115
by median household income

How Franklin County Compares

Franklin County$71,973
Missouri Average$59,503
National Median$74,755

Detailed Income Statistics

$71,973
Median Household Income
$36,524
Per Capita Income
$214,900
Median Home Value
33.5%
Income-to-Housing Ratio

Data Story

About Household Income in Franklin County, Missouri

Franklin nears national income levels

Franklin County's median household income of $71,973 comes within 4% of the national median of $74,755, positioning it as one of Missouri's stronger earners. This near-parity reflects more diverse employment opportunities than most rural counties.

Above-average earner statewide

At $71,973, Franklin County exceeds Missouri's state average of $59,503 by 21%, placing it in the upper tier of Missouri counties. Per capita income of $36,524 significantly outpaces the state's $31,011 average, indicating robust economic productivity.

Economic powerhouse of the region

Franklin County's $71,973 median income substantially outearns all nearby counties—Gasconade County ($65,096), Gentry County ($57,458), and Greene County ($57,488) all lag behind. Proximity to greater St. Louis likely drives superior employment options.

Strong income supports homeownership

Franklin County's rent-to-income ratio of 14.6% reflects comfortable affordability, and median home values of $214,900 remain achievable for the median household. Higher incomes enable both stability and wealth-building through property ownership.

Leverage advantage for long-term wealth

Franklin County households earning above national average are positioned to maximize retirement contributions and diversify investments beyond real estate. Consider working with a financial advisor to optimize tax-advantaged accounts and build a balanced investment portfolio.

Frequently Asked Questions

What is the median household income in Franklin County, Missouri?
The median household income in Franklin County, Missouri is $71,973, 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 $36,524, 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 $71,973.
How does Franklin County compare to the Missouri average?
Franklin County's median household income of $71,973 is higher than the Missouri state average of $59,503. The per capita income is $36,524, compared to the state average of $31,011.
What is the per capita income in Franklin County, Missouri?
The per capita income in Franklin County, Missouri is $36,524, 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 Missouri average?
Franklin County's median household income of $71,973 is higher than the Missouri average of $59,503. This difference of $12,470 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 Missouri?
Franklin County ranks #16 out of 115 counties in Missouri by median household income (1 = highest). With a median household income of $71,973 and per capita income of $36,524, it falls in the top 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: $71,973 per year

vs. County Median

+0%

vs. State Average

+21%

vs. National Median

-4%

vs. Franklin County MedianAbout equal
vs. Missouri Average21% above
vs. National Median4% below

Income Adequacy

Monthly income covers median rent6.9x

Your monthly income ($5,998) vs. median rent ($874/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, Missouri? 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 Missouri

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.