Franklin is a somewhat small city located in the state of Virginia. With a population of 8,339 people and three associated neighborhoods, Franklin is the 84th largest community in Virginia.

In terms of college education, Franklin is somewhat better educated than the 21.84% who have a 4-year degree or higher in the typical US community: 26.43% of adults 25 and older in the city have at least a bachelor's degree.

The per capita income in Franklin in 2022 was $31,838, which is lower middle income relative to Virginia, and middle income relative to the rest of the US. This equates to an annual income of $127,352 for a family of four. However, Franklin contains both very wealthy and poor people as well.

Franklin is an extremely ethnically-diverse city. The people who call Franklin home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Franklin residents report their race to be Black or African-American, followed by White. Important ancestries of people in Franklin include African, English, Irish, German, and Scots-Irish.

The most common language spoken in Franklin is English. Other important languages spoken here include Spanish and Italian.