The median household income in Franklin, MD in 2022 was $11,448, which was 729.8% less than the median annual income of $94,991 across the entire state of Maryland. Compared to the median income of $30,821 in 2000 this represents a decrease of 169.2%. The per capita income in 2022 was $11,748, which means a decrease of 42.8% compared to 2000 when it was $16,780.
Whole page based on the data from 2000 / 2022 when the population of Franklin, Maryland was 290 / 164
Income statistics for all residents
Median household income in Franklin, MD in 2022:
Franklin:
$11,448
State:
$94,991
Change in median household income between 2000 and 2022:: -62.9%
Franklin, Maryland:
-62.9%
State:
+79.7%
Number of households with income < $10k:
Franklin:
0.0% (0)
State:
4.8% (114,450)
Number of households with income $10k - 20k:
Franklin:
100.0% (132)
Maryland:
5.0% (117,883)
Number of households with income $20k - 30k:
Franklin:
0.0% (0)
State:
5.2% (123,350)
Number of households with income $30k - 40k:
Franklin:
0.0% (0)
State:
5.6% (134,104)
Number of households with income $40k - 50k:
Franklin:
0.0% (0)
State:
5.6% (132,932)
Number of households with income $50k - 60k:
Franklin:
0.0% (0)
State:
5.6% (132,707)
Number of households with income $60k - 75k:
Franklin:
0.0% (0)
State:
7.9% (188,335)
Number of households with income $75k - 100k:
Franklin:
0.0% (0)
State:
12.5% (297,873)
Number of households with income $100k - 125k:
Franklin:
0.0% (0)
Maryland:
10.5% (250,497)
Number of households with income $125k - 150k:
Franklin:
0.0% (0)
Maryland:
8.1% (193,208)
Number of households with income $150k - 200k:
Franklin:
0.0% (0)
State:
11.6% (274,905)
Number of households with income > $200k:
Franklin:
0.0% (0)
State:
17.5% (415,740)
Aggregate household income in Franklin in 2022: $1,036,531
Median non-family income in Franklin in 2022:
Franklin:
$9,773
State:
$57,179
Change in median non-family income between 2000 and 2022:: -37.3%
Franklin, Maryland:
-37.3%
Maryland:
+75.1%
Median per capita income in Franklin in 2022:
Franklin:
$11,748
State:
$49,236
Change in median per capita income between 2000 and 2022:: -30.0%
Franklin, Maryland:
-30.0%
Maryland:
+92.2%
Income statistics for White residents
Median household income in Franklin, MD in 2022:
Franklin:
$11,638
Maryland:
$107,160
Change in median household income between 2000 and 2022:: -62.4%
Franklin, Maryland:
-62.4%
State:
+85.3%
Number of households with income < $10k:
Franklin:
0.0% (0)
State:
3.7% (47,387)
Number of households with income $10k - 20k:
Franklin:
100.0% (126)
State:
4.1% (52,102)
Number of households with income $20k - 30k:
Franklin:
0.0% (0)
State:
4.6% (58,758)
Number of households with income $30k - 40k:
Franklin:
0.0% (0)
Maryland:
4.7% (59,745)
Number of households with income $40k - 50k:
Franklin:
0.0% (0)
Maryland:
5.0% (62,576)
Number of households with income $50k - 60k:
Franklin:
0.0% (0)
Maryland:
5.1% (64,484)
Number of households with income $60k - 75k:
Franklin:
0.0% (0)
State:
7.7% (97,019)
Number of households with income $75k - 100k:
Franklin:
0.0% (0)
State:
11.8% (149,205)
Number of households with income $100k - 125k:
Franklin:
0.0% (0)
State:
10.6% (134,231)
Number of households with income $125k - 150k:
Franklin:
0.0% (0)
State:
8.8% (111,081)
Number of households with income $150k - 200k:
Franklin:
0.0% (0)
State:
12.9% (162,966)
Number of households with income > $200k:
Franklin:
0.0% (0)
Maryland:
20.9% (264,377)
Aggregate household income in Franklin in 2022: $1,033,851
Median non-family income in Franklin in 2022:
Franklin:
$10,200
State:
$61,991
Change in median non-family income between 2000 and 2022:: -35.3%
Franklin, Maryland:
-35.3%
Maryland:
+76.8%
Median per capita income in Franklin in 2022:
Franklin:
$12,100
Maryland:
$59,750
Change in median per capita income between 2000 and 2022:: -27.1%
Franklin, Maryland:
-27.1%
Maryland:
+104.5%
Income statistics for Black or African American residents
Median per capita income in Franklin in 2022:
Franklin:
$9,107
Maryland:
$40,756
Change in median per capita income between 2000 and 2022:: -54.0%
Franklin, Maryland:
-54.0%
State:
+113.5%
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-62.9%
+79.7%