What is the median household income in Franklin Township, MO?

Name: Income and affordability in Franklin Township, MO, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median household income in Franklin Township, MO is $42,875 (±$15,187) a year (2020–2024 American Community Survey).

In Franklin Township, the median household income went from $42,083 in 2015–2019 to $42,875 in 2020–2024 (+1.9%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on November 12, 2026.

Median household income: $42,875 (±$15,187)
Median renter income: $19,103 (±$2,242)

Income in Franklin Township against Grundy County, its state and the nation

Income, estimate (90% margin of error)
	Franklin Township	Grundy County	Missouri	United States
Median household income	$42,875 (±$15,187)	$51,975 (±$3,908)	$70,702 (±$325)	$80,734
Median renter household income	$19,103 (±$2,242)	$28,227 (±$6,378)	$43,288 (±$509)	$52,966
Median owner household income	$51,250 (±$25,343)	$64,899 (±$6,101)	$87,780 (±$425)	$100,009
Median gross rent	—	$696 (±$72)	$1,033 (±$6)	$1,413

In Franklin Township, median household income is not measurably different from Grundy County ($51,975).

It is also lower than in Missouri ($70,702).

It is lower than the national figure ($80,734).

In Grundy County, Franklin Township ranks 15 of 19 places with a published estimate, from highest to lowest median household income.

Statewide, it ranks 926 of 1,154.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Income against housing costs since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median household income	$42,083 (±$12,974)	$42,875 (±$15,187)	+1.9%	No measurable change after inflation
Median home value	$53,500 (±$36,243)	$76,700 (±$37,099)	+43.4%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median household income in places near Franklin Township

Nearest places with a published estimate, compared with Franklin Township
Place	Distance	Median household income	Compared with this place
Franklin Township	—	$42,875 (±$15,187)	—
Spickard	0.7 mi	$25,938 (±$20,102)	Not measurably different
Lincoln Township (Grundy County)	5.2 mi	$83,750 (±$10,560)	Higher
Washington Township (Mercer County)	5.2 mi	$88,203 (±$15,835)	Higher
Tindall	5.5 mi	$39,000 (±$19,046)	Not measurably different
Washington Township (Grundy County)	6.2 mi	$72,188 (±$47,208)	Not measurably different
Harrison Township (Grundy County)	7.6 mi	$112,000 (±$23,988)	Higher
Myers Township	7.8 mi	$77,656 (±$24,718)	Higher
Madison Township (Mercer County)	9.2 mi	$48,214 (±$40,735)	Not measurably different

Nearby places with a measurably higher figure: Lincoln Township (Grundy County), MO ($83,750), Washington Township (Mercer County), MO ($88,203), Harrison Township (Grundy County), MO ($112,000).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median household income across Grundy County, place by place

Rank	Place	Median household income
9	Trenton Township	$50,557 (±$4,618)
10	Trenton	$50,015 (±$5,187)
11	Marion Township (Grundy County)	$48,864 (±$30,804)
12	Liberty Township (Grundy County)	$47,083 (±$18,490)
13	Laredo	$45,000 (±$23,671)
14	Wilson Township (Grundy County)	$44,167 (±$19,662)
15	Franklin Township	$42,875 (±$15,187)
16	Tindall	$39,000 (±$19,046)
17	Spickard	$25,938 (±$20,102)
18	Madison Township (Grundy County)	$25,000 (±$9,915)
19	Galt	$24,531 (±$13,463)

Showing 11 of 19 places in Grundy County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Franklin Township

What is the median household income in Franklin Township?

The median household income in Franklin Township is $42,875 (±$15,187) a year (2020–2024 American Community Survey).

Have incomes in Franklin Township kept up with inflation?

In Franklin Township, the median household income went from $42,083 in 2015–2019 to $42,875 in 2020–2024 (+1.9%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

What do renters earn in Franklin Township?

The median renting household in Franklin Township, MO earns $19,103 (±$2,242) a year.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Franklin township, Grundy County, Missouri (county subdivision:25606, in state:29 county:079).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.