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Living In Franklin, IL
Franklin is a small town in Illinois with approximately 1,000 residents. Families with children will feel welcome, as kids aged 5-14 make up an above-average 28% of the community, while young adults are less well-represented. Overall, the town's residents, at an average age of just under 37, skew younger than most cities in Illinois. Renters tend to be in the minority in Franklin, and 79% of residents own their homes. Renting remains an affordable option, though, as the town boasts a relatively low average rent of $793/month. Over the course of a year, renters in Franklin will save around $3,100 compared to the state average.
Franklin has an average commute time of about 26 minutes. Many residents (37%) commute to work by car or truck, while public transportation is not used. Walking isn't a common method of commuting to work.
Franklin has a high percentage of residents over the age of 25 with a high school degree or equivalent (27%) compared to the national average. Furthermore, 9% have a Bachelor's degree and 4% possess a Master's or Doctoral degree. There are three primary industries in Franklin: retail, healthcare, and education. Together, these industries make up 19% of the labor force in the town. Meanwhile, in terms of job function, 7% of the town's population works in management, making it the top profession in the town. Franklin workers bring in an average annual income of about $69,000, around $8,000 less than those elsewhere in the state. The town's average income also falls below the national average ($73,345).
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