Township Of Franklin IA Demographic Data and Boundary Map

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Township Of Franklin, IA

The Township Of Franklin is a County Subdivision of Lee County. The subdivision has a Z1 Census Class Code which indicates that the Township Of Franklin is a nonfunctioning county subdivision.

Also See: Lee County Data | Cities in Lee County | County Subdivisions in Lee County

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  1. Township Of Franklin 2019 Demographic Data
  2. Growth Rates for Township Of Franklin (Historical & 5-Year Forecast)
  3. Neighborhoods Demographics (Home Values, Household Income, etc.)
  4. Iowa Research Tools (Easy Tools & Current Data)
  5. Iowa Data Comparison Tool - 2019 Demographics

Township Of Franklin Boundary Map


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Township Of Franklin Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Township Of Franklin Housing Affordability Index is 235
State of Iowa Housing Affordability Index is 164
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Township Of Franklin Wealth Index is 56
State of Iowa Wealth Index is 86
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

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POPULATION

Total Population 1,317
Population in Households 1,273
Population in Familes 1,053
Population in Group Qrtrs 44
Population Density 36
Diversity Index1 3
 

INCOME

Median Household Income $52,735
Average Household Income $61,507
Per Capita Income $24,628
Wealth Index3 56

HOUSING

Total Housing Units 596 (100%)
Owner Occupied HU 427 (71.6%)
Renter Occupied HU 110 (18.5%)
Vacant Housing Units 59 ( 9.9%)
Median Home Value $120,000
Housing Affordability Index2 235
 

HOUSEHOLDS

Total Households 537
Average Household Size 2.37
Family Households 364
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATES

2010-2019 2019-2024
Population -0.42% -0.46%
Households -0.38% -0.49%
Families -0.09% -0.61%
Median Household Income   1.91%
Per Capita Income   2.7%

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