Median Income
$51,667
household / year
Median Home Value
$118,500
owner-occupied
Median Rent
N/A
gross / month
Cost of Living
N/A
national avg = 100

Is Franklin, IA a Good Place to Live?

Franklin is a small town of 127 in Iowa, with a median household income of $51,667 and a 1.9% unemployment rate.

Strengths: Franklin stands out for below-average home prices.

Trade-offs: No major red flags stand out in the available data. Whether Franklin is right for you depends on your priorities — the full breakdown is below.

All Franklin city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Cost of living data is based on the Bureau of Economic Analysis Regional Price Parities for the Franklin metro area.

Metric Franklin, IA National Avg
Median Home Value $118,500 $244,900
Median Monthly Rent N/A $1,163
Homeownership Rate 100.0% 65.9%
Median Household Income $51,667 $74,755

Crime & Safety

Safer than Average

Franklin's violent crime rate is 261.5 per 100,000 residents — 31% lower than the national average of ~380 per 100,000.

Violent Crime
261.5 /100k
Property Crime
1206.3 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric Franklin, IA National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 22.1% 35.4%
High School Diploma or Higher 95.8% 91.1%

Weather & Climate

Franklin sees average highs of 32.8°F in January and 86.4°F in July, with 39.2 inches of annual precipitation and 26.6 inches of snow per year.

MetricFranklin, IA
Average High — January32.8°F
Average High — July86.4°F
Annual Precipitation39.2"
Annual Snowfall26.6"

Demographics

MetricFranklin, IANational Avg
Population127—
Median Age45.438.9
Unemployment Rate1.9%3.7%
Avg Commute Time27.3 min26 min
White (non-Hispanic)96.1%59.3%
Black or African American0.0%13.6%
Hispanic or Latino0.0%18.9%
Asian0.0%6.3%
Under 1822.0%22.2%
65 and over29.1%16.8%

Nearby Cities

Donnellson, IA 3 mi West Point, IA 5 mi St. Paul, IA 7 mi Fort Madison, IA 9 mi Argyle, IA 10 mi

Franklin vs Other Cities

Franklin, IA vs Donnellson, IA Franklin, IA vs West Point, IA Franklin, IA vs St. Paul, IA Franklin, IA vs Fort Madison, IA Franklin, IA vs Argyle, IA

Frequently Asked Questions

Franklin has a median home value of $118,500 and median rent of N/A/month against a median household income of $51,667.
Franklin's violent crime rate is 261.5 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1206.3 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Franklin, IA has a population of 127, a median household income of $51,667, and an unemployment rate of 1.9%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Franklin averages 32.8°F in January and 86.4°F in July. Annual rainfall is 39.2 inches with about 26.6 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Franklin, Iowa is 127 with a median age of 45.4. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Franklin: median home $118,500, median household income $51,667, crime index 64 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Franklin side by side with your current city to see the trade-offs.