Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

236 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $1,333

Average Rent as Percentage of Gross Income

Median rent for 2018: $876

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $13,935
--Home Prepared Food $7,852
--Restaurant/Takeaway Food $6,083
Alcoholic Beverages $1,023
Housing $35,321
--Rent/Mortgage/Upkeep/Taxes $20,654
--Utilities $7,120
--Operations $2,682
--Supplies $1,313
--Furnishings $3,567
Apparel $3,276
--Men & Boys $733
--Women & Girls $1,327
--Children < 2 $14
--Footwear $691
Transportation $17,156
--New Vehicles $3,207
--Used Vehicles $3,663
--Fuel $3,705
--Insurance $1,714
--Public Transit $1,438
Healthcare $8,737
Entertainment $5,668
--Pets $1,161
--Toys $276
Personal Care Products $1,355
Books & Literature $194
Education $2,475
Tobacco Products $608
Miscellaneous $1,742
Retirement $3,318
Non-health Insurance $12,829
Total Expenditures $107,637

Selected Population Data

Period Geography Population
2014 Franklin city, Virginia 8,534
2015 Franklin city, Virginia 8,457
2016 Franklin city, Virginia 8,413
2017 Franklin city, Virginia 8,334
2018 Franklin city, Virginia 8,211