Franklin Parish LA Information

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Franklin Parish Subdivisions

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  1. Franklin Parish 2019 Demographic Data
  2. Growth Rates forFranklin Parish (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Louisiana Research Tools (Easy Tools & Current Data)
  3. Louisiana Data Comparison Tool - 2019 Demographics

Franklin Parish LA Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Franklin Parish LA Housing Affordability Index is 184
State of Louisiana Housing Affordability Index is 143
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

Franklin Parish LA Wealth Index is 45
State of Louisiana Wealth Index is 71
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.

These new demographic attributes are availiable for Neighborhoods, Cities, Parishes, and ZIP Codes.

More Tools and Resources:

  1. For information about schools and school attendance zones, use the HTL Address Tool
  2. Our new HTL Neighborhood Explorer provides lots of detail about any neighborhood.
  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Louisiana COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 21,067 (100%)
Population in Households 20,335 (96.5%)
Population in Families 16,969 (80.5%)
Population in Group Quarters1 732 ( 3.5%)
Population Density 34
Diversity Index2 49
 

INCOME

Median Household Income $31,543
Average Household Income $47,511
Per Capita Income $18,170
Wealth Index4 45

HOUSING

Total Housing Units 9,306 (100%)
Owner Occupied HU 5,452 (58.6%)
Renter Occupied HU 2,583 (27.8%)
Vacant Housing Units 1,271 (13.7%)
Median Home Value $93,145
Housing Affordability Index3 184
 

HOUSEHOLDS

Total Households 8,035
Average Household Size 2.53
Family Households 5,472
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. 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.
  3. 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.
  4. 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 RATE / YEAR

2010-2019 2019-2024
Population 0.16% -0.28%
Households 0.18% -0.28%
Families -0.06% -0.44%
Median Household Income   1.71%
Per Capita Income   1.37%

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Franklin Parish LA - Peer Comparisons by Rank and Percentile

The table below compares Franklin Parish to the other 64 parishes and parish equivalents in Louisiana by rank and percentile using July 1, 2019 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 # 46 30th
Population Density # 43 34th
Diversity Index # 48 27th
Median Household Income # 55 16th
Per Capita Income # 58 11th

Additional comparisons and rankings can be made with a VERY EASY TO USE Louisiana Census Data Comparison Tool.

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