Franklin, IA Employment - Median Household Income, Unemployment Rate

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Key findings

The income per capita in Franklin is 18% higher than the national average
The median household income in Franklin is 17% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Franklin is 72% lower than the national average
The poverty level in Franklin is 77% lower than the national average

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am i middle class

$30,552 $45,833 $91,666

City

$36,376 $54,570 $109,140

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Franklin median earnings by income bracket

Franklin employment by industry

Labour Type	Male	Female
Construction industry	5.1%	5.1%
Manufacturing sector	23.1%	23.1%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	10.3%	10.3%
Public administration	25.6%	25.6%
Transportation, warehousing & utilities	12.8%	12.8%
Education, health & social services	0.0%	0.0%
Other	23.1%	23.1%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Denmark, IA	504	$112,308	103.0%
Houghton, IA	104	$91,250	64.9%
Middletown, IA	447	$66,667	20.5%
Danville, IA	931	$60,500	9.4%
St. Paul, IA	65	$60,000	8.5%
Franklin, IA	175	$45,833	17.2%

Cities with similar population

City	Population	Household Income	National Avg.
Seldovia Village, AK	175	$70,625	27.7%
Kellyton, AL	175	$50,156	9.3%
Fountain Hill, AR	175	$52,917	4.3%
Elk Creek, CA	175	$0	100.0%
Arriba, CO	175	$22,500	59.3%
Franklin, IA	175	$45,833	17.2%

Source: The Franklin, IA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).

Index	Franklin	Iowa	National
Income per capita	$35,118	$28,872	$29,829
Median household income	$45,833	$54,570	$55,322
Median income owner occupied	$45,417	$66,527	$70,586
Median income renter occupied	$0	$30,828	$35,192
Median earnings male	$50,000	$37,409	$36,919
Median earnings female	$33,542	$25,115	$26,250
Unemployment rate	1.3%	3.1%	4.7%
Poverty level	3.4%	12.3%	15.1%