Town of Franklin — Financial Data

2,288 Population FY 2024

$541 Town-Wide Per Capita Spending All residents incl. villages FY 2025

$512 Part-Town Per Capita Spending Outside villages only FY 2025

0.0% Debt Service FY 2024

0.0 Fiscal Stress FY 2024

16.7 Env. Stress FY 2024

Data comparability note: Contains villages: Village of Franklin (pop. 258). Town-wide per capita spending covers all residents including village residents (A-fund services: community services, culture and recreation, economic development, employee benefits, general government, health, public safety, sanitation, transportation). Part-town per capita spending covers only residents outside incorporated villages (B-fund services: culture and recreation, debt service, employee benefits, general government, health, transportation).

Villages in Franklin

Total village population: 258 (11% of town)

Village of Franklin pop. 258

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

13.2% Poverty Rate 2023

23.4% Bachelor's+ Rate 2023

2.8% Unemployment Rate 2023

83.4% Homeownership Rate 2023

Median Household Income

$63,250 (2023)

2010 2023

Per Capita Income

$41,192 (2023)

2010 2023

Median Home Value

$199,300 (2023)

2010 2023

Median Gross Rent

$762 (2023)

2010 2023

Median Age

51.8 (2023)

2010 2023

Gini Index

0 = perfect equality · 1 = perfect inequality

0.5 (2023)

2010 2023

Financial Trends

Total spending across all funds, including services for the entire town and services exclusive to areas outside villages · 1995–2025

Fiscal Health

Debt Outstanding

$0 (2024)

2011 2024

Full Value of Taxable Property

$309,334,414 (2024)

2011 2024

Debt Service

$0 (2024)

1997 2024

Debt Service %

0.0% (2024)

1997 2024

Town-Wide Per Capita Spending

$541 (2025)

2014 2025

Part-Town Per Capita Spending

$512 (2025)

2014 2025

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

0.0 (2024)

2017 2024

Environmental Stress Score (OSC)

0 = no stress · 100 = significant stress

16.7 (2024)

2017 2024

Top Revenue Sources

Real Property Taxes And Assessments

$1,403,465 (2025)

1995 2025

State Aid

$638,831 (2025)

1995 2025

Use And Sale Of Property

$139,675 (2025)

1995 2025

Federal Aid

$47,574 (2025)

1996 2025

Other Local Revenues

$26,792 (2025)

1995 2025

Top Expenditures

Transportation

$1,696,148 (2025)

1995 2025

Employee Benefits

$329,715 (2025)

1995 2025

General Government

$225,289 (2025)

1995 2025

Culture And Recreation

$15,820 (2025)

1995 2025

Public Safety

$4,975 (2025)

1995 2025

Financial Documents (80)

Year	Title	Type
2025	Town of Franklin OSC Annual Financial Report 2025	OSC_TOWN_CSV_AFR
2024	Town of Franklin OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Franklin OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Franklin FSMS Report 2024	FSMS_MONITORING
2023	Town of Franklin Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5

View all 80 documents →

Governance & Structure

Governance Structure

Structure: Not specified
Fiscal Autonomy: Not specified
ICMA Recognition: —
Notes: None
OSC Code: 120330000000

School Details

Not applicable for this entity type.