Franklin County, Texas

Income Data

+3% vs. Texas average
$66,800
Median Household Income
$39,633
Per Capita Income

At a Glance

Median Household Income
$66,800
+3% vs. state avg
Per Capita Income
$39,633
+0% vs. national
Income-to-Housing Ratio
31.3%
income as % of home value
Rank in Texas
#94 / 253
by median household income

How Franklin County Compares

Franklin County$66,800
Texas Average$64,737
National Median$74,755

Detailed Income Statistics

$66,800
Median Household Income
$39,633
Per Capita Income
$213,200
Median Home Value
31.3%
Income-to-Housing Ratio

Data Story

About Household Income in Franklin County, Texas

Franklin County holds steady near national median

Franklin County's median household income of $66,800 sits roughly 11% below the national median of $74,755, placing the county slightly below the U.S. middle. Residents earn more than approximately 45% of American households, reflecting a solid middle-income position.

Above Texas average by modest margin

At $66,800, Franklin County's median household income exceeds the Texas state average of $64,737 by $2,063 per household. The per capita income of $39,633 also surpasses the state average of $33,197 by 19%, indicating balanced above-average prosperity.

Upper-middle tier of F-county rankings

Franklin County's $66,800 income places it above Falls ($55,372), Floyd ($55,461), Fisher ($64,700), and Foard ($42,212), but below Fannin ($68,377) and Fayette ($76,541). Franklin ranks solidly in the county's upper-middle tier economically.

Housing costs rise with market value

Franklin County's rent-to-income ratio of 17.0% indicates manageable housing costs, though the median home value of $213,200 requires 3.2 years of median income. The county shows characteristics of a growing, moderately affluent market with rising property values.

Balance real estate and investment growth

With above-average income and manageable housing costs, Franklin County residents should build diversified portfolios beyond homeownership: maximize 401(k)s, invest in index funds, and consider tax-advantaged accounts like HSAs. The county's economic trajectory supports long-term wealth accumulation across multiple asset classes.

Frequently Asked Questions

What is the median household income in Franklin County, Texas?
The median household income in Franklin County, Texas is $66,800, 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 $39,633, 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 $66,800.
How does Franklin County compare to the Texas average?
Franklin County's median household income of $66,800 is higher than the Texas state average of $64,737. The per capita income is $39,633, compared to the state average of $33,197.
What is the per capita income in Franklin County, Texas?
The per capita income in Franklin County, Texas is $39,633, 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 Texas average?
Franklin County's median household income of $66,800 is higher than the Texas average of $64,737. This difference of $2,063 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 Texas?
Franklin County ranks #94 out of 253 counties in Texas by median household income (1 = highest). With a median household income of $66,800 and per capita income of $39,633, it falls in the middle 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: $66,800 per year

vs. County Median

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vs. State Average

+3%

vs. National Median

-11%

vs. Franklin County MedianAbout equal
vs. Texas Average3% above
vs. National Median11% below

Income Adequacy

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Your monthly income ($5,567) vs. median rent ($948/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.