Franklin, LA Profile: Facts & Data

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Franklin, Louisiana - Basic Facts

The City of Franklin had a population of 7,186 as of July 1, 2019. Franklin ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Louisiana. See peer rankings below.

The primary coordinate point for Franklin is located at latitude 29.796 and longitude -91.5015 in St. Mary Parish. The formal boundaries for the City of Franklin encompass a land area of 9.92 sq. miles and a water area of 0.57 sq. miles. St. Mary Parish is in the Central time zone (GMT -6). The elevation is 10 feet.

The City of Franklin (GNIS ID: 2403660) 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 Parish Governing Authority District 3, a minor civil division (MCD) of St. Mary Parish.


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  1. Franklin 2019 Demographic Data
  2. Growth Rates for Franklin (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

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, parish, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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

HOUSING AFFORDABILITY INDEX

Franklin, LA Housing Affordability Index is 218
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, LA Wealth Index is 46
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 cities, Parishes, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Louisiana address.

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  1. New 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 7,186
Population in Households 6,995
Population in Familes 5,780
Population in Group Qrtrs 191
Population Density 724
Diversity Index1 57
 

INCOME

Median Household Income $35,242
Average Household Income $51,041
Per Capita Income $19,138
Wealth Index3 46

HOUSING

Total Housing Units 3,187 (100%)
Owner Occupied HU 1,491 (46.8%)
Renter Occupied HU 1,193 (37.4%)
Vacant Housing Units 503 (15.8%)
Median Home Value $88,404
Housing Affordability Index2 218
 

HOUSEHOLDS

Total Households 2,684
Average Household Size 2.61
Family Households 1,800
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 RATE / YEAR

2010-2019 2019-2024
Population -0.69% -0.8%
Households -0.61% -0.76%
Families -0.88% -0.94%
Median Household Income   1.03%
Per Capita Income   1.64%

Franklin, LA - Peer Comparisons by Rank and Percentile

The table below compares Franklin to the other 474 incorporated cities, towns and CDPs 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 # 88 82nd
Population Density # 201 58th
Diversity Index # 80 83rd
Median Household Income # 316 34th
Per Capita Income # 331 30th

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

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