Franklin County, Nebraska

Income Data

-14% vs. Nebraska average
$57,692
Median Household Income
$37,400
Per Capita Income

At a Glance

Median Household Income
$57,692
-14% vs. state avg
Per Capita Income
$37,400
-5% vs. national
Income-to-Housing Ratio
58.2%
income as % of home value
Rank in Nebraska
#79 / 93
by median household income

How Franklin County Compares

Franklin County$57,692
Nebraska Average$66,880
National Median$74,755

Detailed Income Statistics

$57,692
Median Household Income
$37,400
Per Capita Income
$99,100
Median Home Value
58.2%
Income-to-Housing Ratio

Data Story

About Household Income in Franklin County, Nebraska

Franklin County trails national income

Franklin County's median household income of $57,692 falls roughly $17,060 below the national median of $74,755, reflecting broader struggles in rural, agricultural regions. The county ranks among lower-income areas nationally.

Below Nebraska's state average

At $57,692, Franklin's median household income trails Nebraska's state average of $66,880 by about $9,200. The county ranks in the lower-middle tier of Nebraska's 93 counties by household earnings.

Modest incomes in south-central region

Franklin's $57,692 median household income reflects economic challenges similar to other small, rural south-central Nebraska counties. Per capita income of $37,400 indicates limited employment diversity and limited opportunities for higher-wage work.

Housing offers strong affordability

Franklin County's rent-to-income ratio of 12.8% indicates very affordable housing relative to local earnings. At $99,100, the median home value is among the lowest in the state, making homeownership highly accessible despite lower incomes.

Smart saving strategies matter most

In Franklin County, where incomes are lower, disciplined budgeting and consistent saving are key to building long-term financial security. Consider automatic savings transfers, low-cost investment accounts, and exploring whether side income sources might accelerate wealth accumulation.

Frequently Asked Questions

What is the median household income in Franklin County, Nebraska?
The median household income in Franklin County, Nebraska is $57,692, 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 $37,400, 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 $57,692.
How does Franklin County compare to the Nebraska average?
Franklin County's median household income of $57,692 is lower than the Nebraska state average of $66,880. The per capita income is $37,400, compared to the state average of $36,101.
What is the per capita income in Franklin County, Nebraska?
The per capita income in Franklin County, Nebraska is $37,400, 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 Nebraska?
Franklin County's median household income of $57,692 is below the Nebraska average of $66,880. The per capita income of $37,400 is also comparable to the state average of $36,101. 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 Nebraska?
Franklin County ranks #79 out of 93 counties in Nebraska by median household income (1 = highest). With a median household income of $57,692 and per capita income of $37,400, it falls in the bottom third of counties statewide.

Income Comparison Calculator

See how your household income compares in Franklin County

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Your income is above the Franklin County median

County median: $57,692 per year

vs. County Median

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vs. State Average

-14%

vs. National Median

-23%

vs. Franklin County MedianAbout equal
vs. Nebraska Average14% below
vs. National Median23% below

Income Adequacy

Monthly income covers median rent7.8x

Your monthly income ($4,808) vs. median rent ($613/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.