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The total population of Franklin township is estimated to be 773 with 376 males (48.64%) and 397 females (51.36%). There are 21 more females than males in Franklin township.
The median household income in Franklin township was $51,343 in 2021, which marked an a decrease of 6,730(11.59%) from $58,073 in 2020. This income is 68.82% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Franklin township sees its highest median household income among householders in the age group of 25 to 44 years old, at $61,342. Overall, the median household income for the township of Franklin township stands at $51,343.
In Franklin township, the median income for all workers aged 15 years and older, regardless of work hours, was $34,138 for males and $22,232 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $40,366 for males and $27,023 for females.
In Franklin township, population is primarily represented by White households, reporting a median income of $54,169.
In 2022, the population of Franklin township was 618, a 0.48% decrease year-by-year from 2021. Previously, in 2021, Franklin township's population was 621, a decline of 0.00% compared to a population of 621 in 2020.
The median age in Franklin township, Bradford County, Pennsylvania is 40.5, as per 2021 ACS 5-Year Estimates. Of the total population, 19.66% were under the age of 15, 19.50% aged 15 to 29, 42.57% aged 30 to 64, 14.86% aged 65 to 84, and 3.41% were 85 years of age and older.
Racial distribution of Franklin township population: 97.83% are White, 1.08% are Asian and 1.08% are multiracial.