Franklin is a somewhat small city located in the state of Virginia. With a population of 8,247 people and three associated neighborhoods, Franklin is the 84th largest community in Virginia.

The citizens of Franklin are slightly better educated than the national average of 21.84% for all cities and towns, with 23.18% of adults in Franklin having a bachelor's degree or advanced degree.

The per capita income in Franklin in 2022 was $29,683, 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 $118,732 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, German, Irish, and Scots-Irish.

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