Market Snapshot

Report generated March 2026

IndicatorValue
Population71,962
↑ 4.9% since 2020
Median Household Income$71,386
4% below national median
Median Home Value$240,900
Unemployment Rate5.5%
Median Age40.9 years
Housing Vacancy Rate10.9%

County Profile

DemographicValue
Total Population (2023)10,522
Population (2020)10,359
Population Growth1.57%
Median Household Income$66,800
Median Home Value$213,200
Total Housing Units5,121
Vacant Housing Units1,179
Housing Vacancy Rate23.0%
Median Age43.5
Bachelor's Degree or Higher1,431 (13.6%)
Unemployment Rate5.5%

Market Overview

Franklin County, Texas has a population of 10,522, which has grown 1.57% since 2020. The median household income is $66,800, below the national median of $74,580 by 10.4%. The housing vacancy rate of 23.0% suggests soft market conditions. Franklin County remains a key area for land acquisition in Texas.

Frequently Asked Questions

What is the current population of Franklin County, Texas?
As of the 2023 American Community Survey, Franklin County has a population of 10,522. The county has grown 1.57% since the 2020 Census, indicating a growing community.
What is the median household income in Franklin County?
The median household income in Franklin County is $66,800, which is 10.4% below the national median of $74,580.
Is Franklin County growing or shrinking?
Franklin County is growing. The population has increased 1.57% since 2020.
What is the housing market like in Franklin County?
The median home value in Franklin County is $213,200. The housing vacancy rate is 23.0%, which suggests soft market conditions. The unemployment rate is 5.5%, reflecting the local economic conditions.
Does Reelvest buy land in Franklin County, Texas?
Yes! Reelvest Properties buys vacant land throughout Texas, including Franklin County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.