What percentage of people rent in Franklinton, NC?

Name: Renters and owners in Franklinton, NC, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

37.6% (±9.7 points) of the occupied homes in Franklinton, NC are rented (2020–2024 American Community Survey).

That is 366 renting households against 607 that own their home.

In Franklinton, the share of households that rent went from 40.8% in 2015–2019 to 37.6% in 2020–2024 (−3.2 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 37.6% (±9.7 points)
Renting households: 366 (±133)
Median renter income: $28,281 (±$16,069)

Who rents and who owns in Franklinton

Tenure, estimate (90% margin of error)
	Franklinton	Franklin County	North Carolina	United States
Renter-occupied share	37.6% (±9.7 points)	21.4% (±2.1 points)	33.4% (±0.2 points)	34.8%
Renting households	366 (±133)	6,109 (±625)	1,428,852 (±8,279)	45,017,354
Owning households	607 (±145)	22,420 (±647)	2,853,493 (±14,473)	84,210,142
Average renter household size	2.2 (±0.4)	2.5 (±0.2)	2.3 (±0.0)	2.3
Average owner household size	3.1 (±0.8)	2.6 (±0.1)	2.5 (±0.0)	2.6
Median renter household income	$28,281 (±$16,069)	$37,819 (±$4,730)	$48,010 (±$418)	$52,966
Median owner household income	$78,036 (±$14,330)	$86,644 (±$4,233)	$88,911 (±$521)	$100,009

In Franklinton, the renter share is higher than in Franklin County (21.4%).

It is not measurably different from North Carolina (33.4%).

It is not measurably different from the national figure (34.8%).

In Franklin County, Franklinton ranks 2 of 5 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 240 of 663.

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

How renting in Franklinton has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	40.8% (±9.6 points)	37.6% (±9.7 points)	−3.2 percentage points	Not a measurable change
Median gross rent	$782 (±$160)	$963 (±$161)	+23.1%	No measurable change after inflation
Median household income	$39,018 (±$11,419)	$59,464 (±$16,678)	+52.4%	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.

Households that rent in places near Franklinton

Nearest places with a published estimate, compared with Franklinton
Place	Distance	Households that rent	Compared with this place
Franklinton	—	37.6% (±9.7 points)	—
Youngsville	4.8 mi	37.4% (±10.5 points)	Not measurably different
Kittrell	8.4 mi	8.3% (±22.4 points)	Lower
Louisburg	8.5 mi	66.1% (±8.1 points)	Higher
Wake Forest	10 mi	26.0% (±3.7 points)	Lower
Creedmoor	13 mi	30.1% (±9.0 points)	Not measurably different
Rolesville	13 mi	7.5% (±5.2 points)	Lower
Bunn	15 mi	34.8% (±16.4 points)	Not measurably different
Henderson	16 mi	61.1% (±5.0 points)	Higher

Nearby places with a measurably lower figure: Kittrell, NC (8.3%), Wake Forest, NC (26.0%), Rolesville, NC (7.5%).

Nearby places with a measurably higher figure: Louisburg, NC (66.1%), Henderson, NC (61.1%).

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

Households that rent across Franklin County, place by place

Rank	Place	Households that rent
1	Louisburg	66.1% (±8.1 points)
2	Franklinton	37.6% (±9.7 points)
3	Youngsville	37.4% (±10.5 points)
4	Bunn	34.8% (±16.4 points)
5	Lake Royale	5.5% (±6.0 points)

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 Franklinton

How many renters are there in Franklinton?

Franklinton has an estimated 366 (±133) renting households, 37.6% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Franklinton?

In Franklinton, the share of households that rent went from 40.8% in 2015–2019 to 37.6% in 2020–2024 (−3.2 percentage points), not a measurable change.

How big are renting households in Franklinton?

A renting household in Franklinton has 2.2 people on average, against 3.1 in an owned home.

How much do renters earn in Franklinton?

The median renting household in Franklinton, NC has an income of $28,281 (±$16,069) a year, against $78,036 for households that own their home.

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 Franklinton town, North Carolina (place:24720, in state:37).

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

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.