23851 Zip Code

April 16, 2024

Zip Code:	23851
City/Town:	Franklin
State:	Virginia

Population:	13,715
Per Capita Income:	$21,462
Mean Household Income:	$51,178

Total Housing Units:	5,545
Median Home Value:	$88,500
Median Year Homes Built:	1972

Land Area:	106.7 sq miles 276.5 sq kilometers
Water Area:	2.1 sq miles 5.5 sq kilometers

Population Information (23851 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

13,715

Male:

6,303

46.0%

49.2%

Female:

7,412

54.0%

50.8%

Median Age:

41.3 yrs

37.2 yrs

Under 5 years:

911

6.6%

6.5%

5 to 9 years:

925

6.9%

6.6%

10 to 19 years:

1,782

13.0%

13.8%

20 to 29 years:

1,547

11.3%

13.8%

30 to 39 years:

1,476

10.8%

13.0%

40 to 49 years:

1,915

14.0%

14.2%

50 to 59 years:

2,069

15.1%

13.6%

60 to 69 years:

1,521

11.1%

9.4%

70 to 79 years:

905

6.6%

5.4%

80 years and over:

664

4.8%

3.7%

Housing Information (23851 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$88,500

$119,600

Median year homes build:

1972

1971

Median real estate taxes:

$616 / yr.

$1,334 / yr.

Median rent:

$340 / mo.

$519 / mo.

Total households:

5,545

Family households:

3,763

67.9%

66.4%

Nonfamily households:

1,782

32.1%

33.6%

Households with individuals under 18 years:

1,780

32.1%

33.4%

Households with individuals 65 years and over:

1,665

30.0%

24.9%

Average household size:

2.5

Average family size:

3.0

Total housing units:

6,088

Occupied housing units:

5,545

91.1%

88.6%

Vacant housing units:

543

8.9%

11.4%

For rent:

172

2.8%

3.1%

Rented, not occupied:

0.3%

0.2%

For sale only:

1.6%

1.4%

Sold, not occupied:

0.2%

0.3%

For seasonal, recreational, or occasional use:

0.8%

3.5%

All other vacants:

193

3.2%

2.8%

Homeowner vacancy rate:

3.0%

2.4%

Rental vacancy rate:

6.9%

9.2%

Owner-occupied housing units:

3,232

Population in owner-occupied housing units:

7,979

Average household size of owner-occupied units:

2.5

2.65

Renter-occupied housing units:

2,313

Population in renter-occupied housing units:

5,594

Average household size of renter-occupied units:

2.4

2.44

Educational Attainment (23851 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

9,034

Less than 9th grade:

1,227

13.6%

6.2%

9th to 12th grade, no diploma:

1,447

16.0%

8.7%

High school graduate (includes equivalency):

2,647

29.3%

29.0%

Some college, no degree:

2,116

23.4%

20.6%

Associate degree:

416

4.6%

7.5%

Bachelor's degree:

834

9.2%

17.6%

Graduate or professional degree:

347

3.8%

10.3%

Percent high school graduate or higher:

70.4%

85.0%

Percent bachelor's degree or higher:

13.1%

27.9%

Income Information (23851 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

4,286

31.3%

50.4%

Median income:

$25,981 / yr.

$27,932 / yr.

Full-time, year-round workers:

2,361

17.2%

59.7%

Median income:

$34,290 / yr.

$38,349 / yr.

Females 15 years and over with income:

5,034

36.7%

49.6%

Median income:

$13,285 / yr.

$16,327 / yr.

Full-time, year-round workers:

1,598

11.7%

40.3%

Median income:

$21,866 / yr.

$28,135 / yr.

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