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HomePennsylvaniaVenango CountyFranklin city

Franklin city, Pennsylvania: commercial real estate data.

Franklin city is a Census city of 5,984 people across 4.68 square miles of land, in Venango County. Median household income is $47,117, 47.5 percent of occupied homes are owned, and the SBA record carries 5 7(a) approvals to borrowers here worth $2.8 m.

70 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency

Franklin

What Franklin is

  • Census place typecity
  • Land area4.68 sq mi
  • Water area0.13 sq mi
  • Population per square mile of land1,279
  • County holding the largest share of its areaVenango 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

  • Population5,984
  • Median age44.4
  • Population under 181,043
  • Share under 1817.4 percent
  • Population 65 and over1,405
  • Share 65 and over23.5 percent
  • Households2,622
  • Family households1,595
  • Share of households that are families60.8 percent

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Franklin

Income and work in Franklin

  • Median household income$47,117
  • Per capita income$30,244
  • Civilian labor force2,802
  • Employed2,563
  • Unemployed239 plus or minus 100
  • Unemployment rate8.5 percent plus or minus 3.5
  • Adults 25 and over4,333
  • Adults 25 and over with a high school diploma or higher92.9 percent
  • Adults 25 and over with a bachelor degree or higher22.7 percent
  • Adults 25 and over with a graduate degree9.3 percent plus or minus 3.2

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Franklin

Housing in Franklin

  • Housing units3,021
  • Occupied units2,622
  • Vacant units399 plus or minus 108
  • Vacancy rate13.2 percent plus or minus 3.5
  • Owner occupied1,246
  • Renter occupied1,376
  • Ownership rate47.5 percent
  • Median owner-occupied home value$116,900
  • Median gross rent, monthly$731
  • Annual rent as a share of median income18.6 percent plus or minus 4.2
  • Single family units1,945
  • Share single family64.4 percent
  • Units in buildings of two or more964 plus or minus 208
  • Share in buildings of two or more31.9 percent plus or minus 6.7
  • Mobile homes112 plus or minus 48
  • Median year structure built1938

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 commute2,075
  • Commuting under 15 minutes1,122
  • Share commuting under 15 minutes54.1 percent
  • Commuting 30 minutes or more326 plus or minus 135
  • Share commuting 30 minutes or more15.7 percent plus or minus 6.3
  • Drove alone64.8 percent
  • Carpooled10.1 percent plus or minus 4.2
  • Public transport0.7 percent plus or minus 0.8
  • Walked8.8 percent plus or minus 3.6
  • Worked from home15.5 percent plus or minus 8.8

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Franklin

SBA loans in Franklin (7(a))

  • Approvals5
  • Gross approval$2,835,500
  • Average approval$567,100
  • Median approval$273,500
  • Ninetieth percentile approval$1,667,000
  • Largest approval$1,667,000
  • Jobs supported42
  • Jobs per approval8.4
  • Loans with a final outcome0
  • Paid in full0
  • Charged off0
  • Median term240 months
  • Share on real estate terms of 20 years or more60.0 percent
  • Share to franchises0.0 percent
  • Distinct lenders3
  • Distinct industries by NAICS5

A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.

US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.

Franklin

Flood risk in Franklin

  • Listed NFIP communities18
  • Of those, participating18
  • NFIP community number420343
  • Currently effective map date07/31/24

This community carries no Community Rating System class, so no CRS premium discount applies to it.

FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.

Venango County, not Franklin

Venango County context, not Franklin figures

These are Venango County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Franklin measurements.

  • Establishments in Venango County1,134
  • Employment at those establishments, Venango County14,230
  • Covered employment, Venango County16,232
  • Average annual pay, Venango County$49,299
  • Average weekly wage, Venango County$948
  • Housing units permitted, Venango County40
  • Of those, single family, Venango County40
  • County product, 2024, Venango County$2,149,235,000
  • County product change over the prior year, Venango County-1.4 percent
  • Average income of an arriving household, Venango County$51,011

Every figure in this section is published for Venango County as a whole and is not a measurement of Franklin. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.

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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.

Coverage

What this page does not hold.

Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.

  • Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.

SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.

Common questions

Franklin questions, answered from the record.

How many people live in Franklin, Pennsylvania?

5,984, in 2,622 households. Franklin city covers 4.68 square miles of land, which is 1,279 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?

Venango 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?

$47,117. The median owner-occupied home is valued at $116,900. Median gross rent is $731 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

How much SBA lending goes to Franklin businesses?

5 7(a) approvals totalling $2.8 m, across 3 lenders, median approval $273,500. These count approvals to borrowers whose address is in Franklin, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.

Do SBA loans to Franklin borrowers get paid back?

No rate is published for Franklin. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.

Is Franklin in the National Flood Insurance Program?

Yes. Franklin appears in the FEMA Community Status Book as community 420343, 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 labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Venango 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?

Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.