Franklin, a city located in the state of North Carolina (NC), is home to a population of approximately 4,184 people. Franklin boasts a median age of 48, with around 32.5% of its residents aged 60 or above. 10.9% of the population identifies as US Veterans. 24.1% of Franklin residents are disabled. The city has an average household income of $38,947, while the unemployment rate stands at 3.7%, and around 22.9% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Franklin is $175,060, with a monthly rent averaging $824.