About Franklin, Minnesota
Franklin, a city located in the state of Minnesota (MN), is home to a population of approximately 540 people. Franklin boasts a median age of 40, with around 27.8% of its residents aged 60 or above. 9.5% of the population identifies as US Veterans. 11.6% of Franklin residents are disabled. The city has an average household income of $56,250, while the unemployment rate stands at 1.6%, and around 18.8% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Franklin is $82,622, with a monthly rent averaging $640.