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Census Tract 607.03, Franklin, NC

2,494 Population
4.5 square miles 560.3 people per square mile

Census data: ACS 2024 5-year unless noted

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Demographics

44.7 ±9.1 Median age
  • about 90 percent of the figure in Lake Royale: 47.9 † ±10.3
  • about 10 percent higher than the figure in Franklin County: 41 ±0.5
  • about 10 percent higher than the figure in North Carolina: 39.1 ±0.2

Economics

$41,549 ±$4,938 Per capita income
  • about 90 percent of the amount in Lake Royale: $47,727 † ±$8,922
  • about 20 percent higher than the amount in Franklin County: $36,103 ±$1,914
  • about the same as the amount in North Carolina: $41,385 ±$211
$99,677 ±$35,224 Median household income
  • about 90 percent of the amount in Lake Royale: $107,806 † ±$32,807
  • about 1.3 times the amount in Franklin County: $74,240 ±$3,647
  • about 1.4 times the amount in North Carolina: $72,388 ±$324

9.7% ±6.9% (243  ±185) Persons below poverty line
  • about 1.3 times the rate in Lake Royale: 7.3% † 231 (±5.5% / ±182)
  • about 90 percent of the rate in Franklin County: 11.1% † 8,062 (±1.8% / ±1,300)
  • about three-quarters of the rate in North Carolina: 13% 1,360,882 (±0.2% / ±18,953)

39.1 minutes ±20.1 (45,155  ±15,297) Mean travel time to work
  • about 10 percent higher than the figure in Lake Royale: 36.6 † 59,460 (±16.6 / ±18,415)
  • about 20 percent higher than the figure in Franklin County: 33.3 1,011,940 (±1.2 / ±49,668)
  • about 1.5 times the figure in North Carolina: 25.1 106,702,896 (±0.1 / ±575,071)

Families

1,054 ±229 Number of households
  • Lake Royale: 1,375 † ±257
  • Franklin County: 28,529 ±518
  • North Carolina: 4,282,345 ±9,120
2.4 ±0.4 (2,494  ±669) Persons per household
  • a little higher than the figure in Lake Royale: 2.3 † 3,168 (±0.3 / ±704)
  • about 90 percent of the figure in Franklin County: 2.6 72,976 (±0.1 / ±52)
  • a little less than the figure in North Carolina: 2.4 10,451,237

1.9% ±2.6% (9  ±13) Women 15-50 who gave birth during past year
  • about 1.3 times the rate in Lake Royale: 1.4% † 9 (±2% / ±13)
  • about one-quarter of the rate in Franklin County: 7.8% † 1,272 (±1.7% / ±275)
  • about one-third of the rate in North Carolina: 5.2% 130,601 (±0.1% / ±3,057)

Housing

1,573 ±238 Number of housing units
  • Lake Royale: 2,198 † ±329
  • Franklin County: 31,767 ±43
  • North Carolina: 4,895,668 ±642

$278,400 ±$35,803 Median value of owner-occupied housing units
  • about the same as the amount in Lake Royale: $280,400 † ±$38,366
  • about the same as the amount in Franklin County: $284,300 ±$14,000
  • a little less than the amount in North Carolina: $288,900 ±$1,086

4.8% ±4.1% (120  ±107.9) Moved since previous year
  • about two-fifths of the rate in Lake Royale: 11.7% † 369 (±9.6% / ±314.4)
  • about three-fifths of the rate in Franklin County: 7.6% † 5,615 (±1.1% / ±827.7)
  • about two-fifths of the rate in North Carolina: 12.7% 1,350,945 (±0.1% / ±15,045.5)

Social

92.1% ±29.4% (1,857  ±376.1) High school grad or higher
  • about the same as the rate in Lake Royale: 92.9% † 2,386 (±24.5% / ±427)
  • a little higher than the rate in Franklin County: 88.4% 46,040 (±3.3% / ±1,708.9)
  • about the same as the rate in North Carolina: 90.2% 6,653,293 (±0.3% / ±22,263.8)
25.1% ±6.1% (506  ±175) Bachelor's degree or higher
  • about 10 percent higher than the rate in Lake Royale: 22.1% † 567 (±5.5% / ±179)
  • about 90 percent of the rate in Franklin County: 27% 14,061 (±1.9% / ±1,012.4)
  • about two-thirds of the rate in North Carolina: 35.7% 2,631,218 (±0.2% / ±13,757.8)

N/A Persons with language other than English spoken at home

4.9% ±3.4% (123  ±90) Foreign-born population
  • about 90 percent of the rate in Lake Royale: 5.4% † 170 (±3.6% / ±120)
  • about 80 percent of the rate in Franklin County: 6% 4,469
  • about half the rate in North Carolina: 9.1% 973,325

13.1% ±5.5% (271  ±132) Population with veteran status
  • about 20 percent higher than the rate in Lake Royale: 11% † 305 (±4.4% / ±138)
  • more than 1.5 times the rate in Franklin County: 8.1% † 4,678 (±0.9% / ±543)
  • more than 1.5 times the rate in North Carolina: 7.4% 615,509 (±0.1% / ±5,658)
271 Total veterans ±132 271 Male ±132 N/A Female ±14

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