The median household income in Franklin, IL in 2022 was $61,431, which was 24.9% less than the median annual income of $76,708 across the entire state of Illinois. Compared to the median income of $39,375 in 2000 this represents an increase of 35.9%. The per capita income in 2022 was $39,918, which means an increase of 59.1% compared to 2000 when it was $16,327.
Whole page based on the data from 2000 / 2022 when the population of Franklin, Illinois was 586 / 619
Income statistics for all residents
Median household income in Franklin, IL in 2022:
Franklin:
$61,432
State:
$76,708
Change in median household income between 2000 and 2022:
Franklin, Illinois:
+56.0%
State:
+64.6%
Number of households with income < $10k:
Franklin:
0.8% (2)
State:
5.9% (296,090)
Number of households with income $10k - 20k:
Franklin:
2.1% (5)
Illinois:
6.6% (333,259)
Number of households with income $20k - 30k:
Franklin:
11.0% (26)
Illinois:
6.8% (342,921)
Number of households with income $30k - 40k:
Franklin:
15.7% (37)
State:
7.0% (355,254)
Number of households with income $40k - 50k:
Franklin:
10.6% (25)
Illinois:
6.7% (340,678)
Number of households with income $50k - 60k:
Franklin:
9.7% (23)
State:
6.7% (339,405)
Number of households with income $60k - 75k:
Franklin:
9.3% (22)
Illinois:
9.2% (465,709)
Number of households with income $75k - 100k:
Franklin:
13.6% (32)
Illinois:
12.9% (651,353)
Number of households with income $100k - 125k:
Franklin:
7.6% (18)
State:
10.3% (522,359)
Number of households with income $125k - 150k:
Franklin:
8.9% (21)
State:
7.3% (367,136)
Number of households with income $150k - 200k:
Franklin:
8.9% (21)
State:
9.0% (455,249)
Number of households with income > $200k:
Franklin:
1.7% (4)
Illinois:
11.6% (586,947)
Aggregate household income in Franklin in 2022: $23,626,606
Median family income in Franklin in 2022:
Franklin:
$69,215
Illinois:
$96,948
Number of families with income < $10k:
Franklin:
11.5% (18)
State:
3.4% (105,875)
Number of families with income $10k - 20k:
Franklin:
1.3% (2)
State:
3.3% (105,017)
Number of families with income $20k - 30k:
Franklin:
1.9% (3)
Illinois:
4.7% (146,403)
Number of families with income $30k - 40k:
Franklin:
12.9% (21)
State:
5.3% (167,069)
Number of families with income $40k - 50k:
Franklin:
16.6% (27)
Illinois:
5.8% (181,164)
Number of families with income $50k - 60k:
Franklin:
1.9% (3)
Illinois:
6.1% (191,561)
Number of families with income $60k - 75k:
Franklin:
8.6% (14)
State:
9.0% (282,985)
Number of families with income $75k - 100k:
Franklin:
17.3% (28)
State:
13.8% (432,725)
Number of families with income $100k - 125k:
Franklin:
7.0% (11)
State:
11.9% (373,296)
Number of families with income $125k - 150k:
Franklin:
10.1% (16)
State:
8.9% (279,791)
Number of families with income $150k - 200k:
Franklin:
8.5% (14)
State:
11.9% (372,004)
Number of families with income > $200k:
Franklin:
2.5% (4)
State:
15.9% (500,033)
Median non-family income in Franklin in 2022:
Franklin:
$50,784
State:
$46,533
Median per capita income in Franklin in 2022:
Franklin:
$39,919
Illinois:
$43,317
Change in median per capita income between 2000 and 2022:
Franklin, Illinois:
+144.5%
State:
+87.5%
Income statistics for White residents
Median household income in Franklin, IL in 2022:
Franklin:
$58,485
State:
$83,346
Change in median household income between 2000 and 2022:
Franklin, Illinois:
+42.9%
State:
+67.5%
Number of households with income < $10k:
Franklin:
0.9% (2)
State:
4.5% (149,895)
Number of households with income $10k - 20k:
Franklin:
2.3% (5)
State:
5.5% (184,529)
Number of households with income $20k - 30k:
Franklin:
11.4% (25)
State:
6.1% (205,767)
Number of households with income $30k - 40k:
Franklin:
15.5% (34)
State:
6.7% (225,572)
Number of households with income $40k - 50k:
Franklin:
10.5% (23)
State:
6.5% (216,965)
Number of households with income $50k - 60k:
Franklin:
10.0% (22)
State:
6.6% (222,841)
Number of households with income $60k - 75k:
Franklin:
9.6% (21)
State:
9.3% (312,758)
Number of households with income $75k - 100k:
Franklin:
13.2% (29)
State:
12.9% (433,180)
Number of households with income $100k - 125k:
Franklin:
6.8% (15)
Illinois:
10.7% (360,753)
Number of households with income $125k - 150k:
Franklin:
9.1% (20)
State:
7.9% (266,532)
Number of households with income $150k - 200k:
Franklin:
8.7% (19)
State:
10.0% (337,357)
Number of households with income > $200k:
Franklin:
1.8% (4)
State:
13.3% (446,069)
Aggregate household income in Franklin in 2022: $21,881,403
Median family income in Franklin in 2022:
Franklin:
$69,579
State:
$107,938
Number of families with income < $10k:
Franklin:
12.2% (18)
Illinois:
2.2% (45,983)
Number of families with income $10k - 20k:
Franklin:
1.4% (2)
State:
2.5% (50,574)
Number of families with income $20k - 30k:
Franklin:
1.9% (3)
State:
3.5% (70,927)
Number of families with income $30k - 40k:
Franklin:
13.2% (19)
State:
4.4% (90,563)
Number of families with income $40k - 50k:
Franklin:
16.2% (23)
State:
5.0% (102,597)
Number of families with income $50k - 60k:
Franklin:
2.0% (3)
Illinois:
5.8% (119,129)
Number of families with income $60k - 75k:
Franklin:
8.8% (13)
State:
8.8% (179,665)
Number of families with income $75k - 100k:
Franklin:
17.4% (25)
State:
13.5% (276,887)
Number of families with income $100k - 125k:
Franklin:
6.0% (9)
State:
12.5% (256,099)
Number of families with income $125k - 150k:
Franklin:
10.6% (15)
State:
9.8% (199,855)
Number of families with income $150k - 200k:
Franklin:
7.6% (11)
Illinois:
13.4% (274,569)
Number of families with income > $200k:
Franklin:
2.6% (4)
Illinois:
18.6% (381,354)
Median non-family income in Franklin in 2022:
Franklin:
$51,951
State:
$50,934
Median per capita income in Franklin in 2022:
Franklin:
$40,982
Illinois:
$50,738
Change in median per capita income between 2000 and 2022:
Franklin, Illinois:
+149.1%
Illinois:
+95.5%
Income statistics for Hispanic or Latino residents
Median per capita income in Franklin in 2022:
Franklin:
$11,203
State:
$26,551
Change in median per capita income between 2000 and 2022:
Franklin, Illinois:
+88.8%
Illinois:
+111.0%
Income statistics for Multirace residents
Aggregate household income in Franklin in 2022: $977,012
Median per capita income in Franklin in 2022:
Franklin:
$59,765
Illinois:
$29,285
Change in median per capita income between 2000 and 2022:
Franklin, Illinois:
+120.5%
State:
+112.9%
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