Also See Franklin, IA: ZIP Codes & Maps
The City of Franklin had a population of 118 as of July 1, 2023.
The primary coordinate point for Franklin is located at latitude 40.6681 and longitude -91.5113 in Lee County. The formal boundaries for the City of Franklin encompass a land area of 0.15 sq. miles and a water area of 0 sq. miles. Lee County is in the Central time zone (GMT -6).
The City of Franklin has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
The City of Franklin is located within Township of Franklin, a minor civil division (MCD) of Lee County.
POPULATION | |
---|---|
Total Population | 118 (100%) |
Population in Households | 118 (100.0%) |
Population in Families | 71 (60.2%) |
Population in Group Quarters1 | 0 |
Population Density | 758 |
Diversity Index2 | 11 |
INCOME | |
Median Household Income | $55,679 |
Average Household Income | $76,939 |
% of Income for Mortgage4 | 0% |
Per Capita Income | $30,645 |
Wealth Index5 | 66 |
Socioeconomic Status Index6 | High (67.6) |
HOUSING | |
---|---|
Total HU (Housing Units) | 61 (100%) |
Owner Occupied HU | 45 (73.8%) |
Renter Occupied HU | 2 ( 3.3%) |
Vacant Housing Units | 14 (23.0%) |
Median Home Value | $181,250 |
Average Home Value | $192,778 |
Housing Affordability Index3 | 0 |
HOUSEHOLDS | |
Total Households | 47 |
Average Household Size | 2.51 |
Family Households | 28 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | -3.16% | -0.69% |
Households | 0.66% | -0.43% |
Families | 0.70% | |
Median Household Income | 7.92% | |
Per Capita Income | 3.66% | |
Owner Occupied HU | -2.33% |
The table below compares Franklin to the other 1,027 incorporated cities, towns and CDPs in Iowa by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 820 | 20th |
Population Density | # 416 | 60th |
Median Household Income | # 842 | 18th |
Housing Affordability Index | # 199 | 19th |
Per Capita Income | # 882 | 14th |
Diversity Index | # 742 | 28th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Iowa Census Data Comparison Tool.
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