Franks Field, WI Profile: Facts & Data

The Franks Field CDP⁽¹⁾ had a population of 152 as of July 1, 2024. Franks Field ranks in the lower quartile for Population Density and the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Wisconsin. See peer rankings below.

The Franks Field Census Designated Place has a U2 Census Class Code which indicates a census designated place without an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Franks Field Census Designated Place is located within Town of Sanborn, a minor civil division (MCD) of Ashland County.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Franks Field, WI Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	152 (100%)
Population in Households	152 (100.0%)
Population in Families	117 (77.0%)
Population in Group Quarters¹	0
Population Density	120
Diversity Index²	56


INCOME
Median Household Income	$58,065
Average Household Income	$80,945
% of Income for Mortgage⁴	24%
Per Capita Income	$35,680
Wealth Index⁵	62
Socioeconomic Status Index⁶	Moderate (46.7)

HOUSING
Total HU (Housing Units)	79 (100%)
Owner Occupied HU	51 (64.6%)
Renter Occupied HU	16 (20.3%)
Vacant Housing Units	12 (15.2%)
Median Home Value	$225,000
Average Home Value	$230,392
Housing Affordability Index³	94

HOUSEHOLDS
Total Households	67
Average Household Size	2.27
Family Households	41
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Franks Field, WI - Peer Comparisons by Rank and Percentile

The table below compares Franks Field to the other 807 incorporated cities, towns and CDPs in Wisconsin by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-1.20%	-0.67%
Households	-0.69%	-0.30%
Families		-0.49%
Median Household Income		3.15%
Per Capita Income		3.21%
Owner Occupied HU		1.15%

Variable Description	Rank	Percentile
Total Population	# 736	9th
Population Density	# 734	9th
Median Household Income	# 671	17th
Housing Affordability Index	# 292	36th
Per Capita Income	# 538	33rd
Diversity Index	# 35	96th

Franks Field, WI Profile: Facts & Data

Franks Field, Wisconsin - Basic Facts

Franks Field, WI Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Franks Field, WI - Peer Comparisons by Rank and Percentile

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