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Franklinton Apartment Features
Apartments Near Franklinton
Living In Franklinton, NC
A small town in North Carolina, Franklinton has just over 2,000 residents. At an average age of just under 40, the town's population is somewhat older compared to other municipalities in North Carolina, which has an average age of 38. Home ownership is more common than renting in Franklinton, and 35% of residents rent. Renting remains an affordable option, though, as the town boasts a relatively low average rent of $795 per month. Over the course of a year, renters in Franklinton will save around $1,600 compared to the state average.
Many Franklinton residents work in one of two industries: retail and manufacturing. Combined, these industries account for 13% of the labor force in the town. Meanwhile, in terms of job function, 6% of the town's population works in transportation, which ranks as the top field in the town. With an average annual income of just under $45,000, Franklinton workers take home less than the average North Carolina resident. The town's average income also trails the national average ($73,345). Compared to the national average (5%), Franklinton has a relatively large concentration of residents older than 25 with an Associate's degree (7%). In addition, 8% possess a Bachelor's degree and 2% have earned a Master's degree or Doctorate.
With an average commute time of about 32 minutes, slower than most cities in North Carolina, Franklinton residents have found that getting to work takes some patience. Many residents (34%) drive themselves to work, while public transit is not used. Few workers commute on foot.