Franklin County, Texas
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Franklin County Compares
Detailed Income Statistics
Income Advisory: Franklin County
Income Verdict
Franklin County has a median household income of $66,800 and per capita income of $39,633 — a gap of $27,167, suggesting a higher share of single-earner or non-family households.
Housing Affordability
With median gross rent at $948/month and a median household income of $66,800, rent consumes approximately 17.0% of monthly income — well within affordable thresholds.
Economic Context
A median household income of $66,800 suggests moderate-to-strong purchasing power, generally sufficient to cover essentials with room for discretionary spending in most markets. Per capita income of $39,633 is in line with national norms for individual earners.
Neighbor Context
Franklin County earns approximately 3.2% above the Texas state median household income of $64,737, positioning it favorably within the state.
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
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Income Comparison Calculator
See how your household income compares in Franklin County
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%
Income Adequacy
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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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.