Income & Economy in Franklinville, NC

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$53,942

-26% vs national

Per Capita Income

$19,980

-46% vs national

Poverty Rate

19.0%

+40% vs national

Gini Index

0.3647

0 = perfect equality

Unemployment

3.3%

-37% vs national

SNAP Recipients

33.4%

of households

How Franklinville Compares

Source: Census ACS (2023)

Franklinville vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Franklinville is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

📊

Where Do You Stack Up?

Enter your household income to see how you compare to other households in Franklinville. The median household income here is $53,942.

$

Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
19.4%
$25-50K
27.9%
$50-75K
25.5%
$75-100K
13.0%
$100-150K
13.0%
$200K+
1.3%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

3.3%

-43% vs NC avg

Labor Force

517

Employed

500

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

2.9%

of adults 25+

High School Diploma+

28.8%

of adults 25+

Median Age

29.2

Work from Home

1.8%

of workers

The median household income in Franklinville, NC is $53,942, which is 26.3% below the national average of $73,224. Per capita income is $19,980. The poverty rate of 19.0% is higher than the NC state average of 16.0%. The Gini index of income inequality is 0.3647, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 3.3%, compared to the state average of 5.8%. 2.9% of adults hold a bachelor's degree or higher.