HomeMinnesotaRenville CountyFranklin
Franklin, Minnesota: commercial real estate data.
Franklin is a Census city of 526 people across 1.01 square miles of land, in Renville County. Median household income is $51,500, 83.9 percent of occupied homes are owned.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Franklin
What Franklin is
- Census place typecity
- Land area1.01 sq mi
- Water area0 sq mi
- Population per square mile of land523 plus or minus 135
- County holding the largest share of its areaRenville County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin
How many people live in Franklin
- Population526 plus or minus 136
- Median age38.8
- Population under 18136 plus or minus 44
- Share under 1825.9 percent
- Population 65 and over107 plus or minus 42
- Share 65 and over20.3 percent plus or minus 6.1
- Households218 plus or minus 48
- Family households113 plus or minus 39
- Share of households that are families51.8 percent plus or minus 13.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin
Income and work in Franklin
- Median household income$51,500
- Per capita income$29,082
- Civilian labor force275 plus or minus 64
- Employed266 plus or minus 65
- Unemployed9 plus or minus 8
- Unemployment rate3.3 percent plus or minus 2.8
- Adults 25 and over359 plus or minus 85
- Adults 25 and over with a high school diploma or higher88.0 percent plus or minus 28.7
- Adults 25 and over with a bachelor degree or higher10.3 percent plus or minus 6.3
- Adults 25 and over with a graduate degree0.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin
Housing in Franklin
- Housing units225 plus or minus 49
- Occupied units218 plus or minus 48
- Vacant units7 plus or minus 9
- Vacancy rate3.1 percent plus or minus 3.9
- Owner occupied183 plus or minus 49
- Renter occupied35 plus or minus 13
- Ownership rate83.9 percent
- Median owner-occupied home value$89,800 plus or minus $30,131
- Median gross rent, monthly$838 plus or minus $225
- Annual rent as a share of median income19.5 percent plus or minus 5.7
- Single family units209 plus or minus 49
- Share single family92.9 percent
- Units in buildings of two or more15 plus or minus 13
- Share in buildings of two or more6.7 percent plus or minus 5.4
- Mobile homes1 plus or minus 3
- Median year structure built1958
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin
How Franklin gets to work
- Workers 16 and over who commute243 plus or minus 61
- Commuting under 15 minutes93 plus or minus 38
- Share commuting under 15 minutes38.3 percent plus or minus 12.5
- Commuting 30 minutes or more54 plus or minus 31
- Share commuting 30 minutes or more22.2 percent plus or minus 11.6
- Drove alone85.9 percent
- Carpooled4.2 percent plus or minus 4.1
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home7.6 percent plus or minus 5.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin
SBA loans in Franklin (504)
- Approvals1
- Gross approval$390,000
- Average approval$390,000
- Median approval$390,000
- Largest approval$390,000
- Jobs supported2
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Franklin, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Franklin
Flood risk in Franklin
- NFIP communityCity of Franklin
- NFIP community number270569
- Participating in the NFIPNo
- Community Rating System classNone
- Currently effective map date09/25/09
The City of Franklin does not participate in the National Flood Insurance Program as community 270569 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Renville County, not Franklin
Renville County context, not Franklin figures
- Establishments in Renville County474
- Covered employment, Renville County5,483
- Average annual pay, Renville County$55,239
- Housing units permitted, Renville County21
Every figure in this section is published for Renville County as a whole and is not a measurement of Franklin.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Franklin questions, answered from the record.
How many people live in Franklin, Minnesota?
526, in 218 households. Franklin city covers 1.01 square miles of land, which is 523 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Franklin in?
Renville County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Franklin?
$51,500. The median owner-occupied home is valued at $89,800. Median gross rent is $838 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Is Franklin in the National Flood Insurance Program?
No, it is listed but not participating. Franklin appears in the FEMA Community Status Book as Franklin, city of, community 270569, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Franklin figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Renville County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Franklin.
Is zoning published for Franklin?
No. Nothing on this page presents parcel level zoning.
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