Franklin County, Virginia

Income Data

-9% vs. Virginia average
$68,348
Median Household Income
$38,202
Per Capita Income

At a Glance

Median Household Income
$68,348
-9% vs. state avg
Per Capita Income
$38,202
-3% vs. national
Income-to-Housing Ratio
30.7%
income as % of home value
Rank in Virginia
#62 / 133
by median household income

How Franklin County Compares

Franklin County$68,348
Virginia Average$74,957
National Median$74,755

Detailed Income Statistics

$68,348
Median Household Income
$38,202
Per Capita Income
$222,800
Median Home Value
30.7%
Income-to-Housing Ratio

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

What is the median household income in Franklin County, Virginia?
The median household income in Franklin County, Virginia is $68,348, 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 $38,202, 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 $68,348.
How does Franklin County compare to the Virginia average?
Franklin County's median household income of $68,348 is lower than the Virginia state average of $74,957. The per capita income is $38,202, compared to the state average of $39,155.
What is the per capita income in Franklin County, Virginia?
The per capita income in Franklin County, Virginia is $38,202, 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 Virginia?
Franklin County's median household income of $68,348 is below the Virginia average of $74,957. The per capita income of $38,202 is also lower than the state average of $39,155. 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 Virginia?
Franklin County ranks #62 out of 133 counties in Virginia by median household income (1 = highest). With a median household income of $68,348 and per capita income of $38,202, it falls in the middle third of counties statewide.

Income Comparison Calculator

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County median: $68,348 per year

vs. County Median

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vs. State Average

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vs. National Median

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vs. Virginia Average9% below
vs. National Median9% below

Income Adequacy

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Your monthly income ($5,696) vs. median rent ($797/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.