Franklin County, Virginia
Income Data
At a Glance
How Franklin County Compares
Detailed Income Statistics
Data Story
About Household Income in Franklin County, Virginia
Franklin County lags national average
Franklin County's median household income of $68,348 trails the national median of $74,755 by 8.6%. The county reflects income patterns typical of rural southern communities with limited access to high-wage employers.
Franklin County underperforms statewide
Franklin County's median household income of $68,348 falls 8.8% below Virginia's state average of $74,957, placing it in the lower half of Virginia counties. Per capita income of $38,202 is roughly at the state average of $39,155.
Franklin County ranks mid-pack regionally
Franklin County households earn $3,223 more annually than Franklin city ($65,125) but $27,255 less than Frederick County ($95,603). The county's modest income levels reflect its primarily rural character and manufacturing-based economy.
Housing costs remain manageable
At 14.0%, Franklin County's rent-to-income ratio is one of the lowest in Virginia, well below the 30% affordability threshold. Median home values of $222,800 remain attainable for most local households.
Start small with consistent savings
Franklin County residents earning $68,348 can build wealth through automatic payroll deductions into savings or retirement accounts, even at modest amounts. Combining an emergency fund with employer 401(k) matching creates a foundation for long-term financial security.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Franklin County median
County median: $68,348 per year
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vs. State Average
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vs. National Median
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Income Adequacy
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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.