Franklin, MN Profile: Facts, Map & Data

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Franklin, Minnesota - Basic Facts

The City of Franklin had a population of 489 as of July 1, 2016. Franklin ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Minnesota. See peer rankings below.

The primary coordinate point for Franklin is located at latitude 44.531 and longitude -94.8851 in Renville County. The formal boundaries for the City of Franklin (see map below) encompass a land area of 1.08 sq. miles and a water area of 0 sq. miles. Renville County is in the Central time zone (GMT -6). The elevation is 1,010 feet.

The City of Franklin (GNIS ID: 2394809) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Beneath the boundary map are tables with Franklin population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2016.

Alternate Unofficial Names for Franklin: City of Franklin.


Neighborhood Data

Address Based Hyperlocal Data Input an address and get data & demographics for the pertinent census block group (CBG), a searchable map and a customized directory. The CBG is the smallest geographical unit used by the Census Bureau for reporting certain data.

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City of Franklin, MN Boundary Map



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Boundary Maps: Renville County | Minnesota Counties

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Franklin, MN Data & Demographics (As of July 1, 2016)

POPULATION

Total Population 489
Population in Households 456
Population in Familes 347
Population in Group Qrtrs 33
Population Density1 451
Diversity Index2 27
 

HOUSEHOLDS

Total Households 201
Average Household Size 2.27
Family Households 119
Average Family Size 3

HOUSING

Total Housing Units 230 (100%)
Owner Occupied HU 152 (66.1%)
Renter Occupied HU 50 (21.7%)
Vacant Housing Units 29 (12.6%)
Median Home Value $80,645
Average Home Value $118,500
 

INCOME

Median Household Income $40,180
Average Household Income $58,818
Per Capita Income $25,501
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population -0.67% -0.83%
Households -0.47% -0.71%
Families -0.13% -0.85%
Median Household Income   0.29%
Per Capita Income   1.45%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood 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.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Franklin, MN - Peer Comparisons by Rank and Percentile

The table below compares Franklin to the other 905 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2016 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 # 512 44th
Population Density1 # 522 42nd
Diversity Index2 # 191 79th
Median Household Income # 787 13th
Per Capita Income # 609 33rd

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

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