Franklin Academy

Public school district · Wake County · North Carolina · NCES district ID 3700069

Franklin Academy spent $8,437 per student on current operations in fiscal year 2022-23, below the middle: 95% of the other North Carolina districts with at least 1,000 students in fall 2022 spent more (median $12,366). Its one school enrolled 1,660 students in 2024-25; 66.6% of its revenue came from the state. Its four-year graduation rate for the class of 2023 was 95% or more (North Carolina: 86.5%).

NCES F-33 finance survey, fiscal year 2022-23 · NCES Common Core of Data 2024-25 · method

Spending per student among North Carolina districts of similar size

Current spending per student excludes construction and debt. The 9 districts closest to Franklin Academy in enrollment (1,501 to 1,740 students) and Franklin Academy itself.

Current spending per student, North Carolina districts closest in size to Franklin Academy, FY23Mitchell County Schools $14,405; Perquimans County Schools $14,355; Mount Airy City Schools $13,250; Sugar Creek Charter School $12,768; Mountain Island Charter $10,105; Community School of Davidson $9,969; Bradford Preparatory School $9,056; American Leadership Academy - Johnston $8,684; Franklin Academy $8,437; Langtree Charter Academy $8,008; State median, 1,000+ students $12,366.6k8k10k12k14k16kMitchell County Schools$14,405Perquimans County Schools$14,355Mount Airy City Schools$13,250Sugar Creek Charter School$12,768Mountain Island Charter$10,105Community School of Davidson$9,969Bradford Preparatory School$9,056American Leadership Academy - …$8,684Franklin Academy$8,437Langtree Charter Academy$8,008State median, 1,000+ students $12,366
Current spending per student, North Carolina districts closest in size to Franklin Academy, FY23Mitchell County Schools $14,405; Perquimans County Schools $14,355; Mount Airy City Schools $13,250; Sugar Creek Charter School $12,768; Mountain Island Charter $10,105; Community School of Davidson $9,969; Bradford Preparatory School $9,056; American Leadership Academy - Johnston $8,684; Franklin Academy $8,437; Langtree Charter Academy $8,008; State median, 1,000+ students $12,366.6k8k10k12k14k16kMitchell County Schools$14,405Perquimans County Schools$14,355Mount Airy City Schools$13,250Sugar Creek Charter School$12,768Mountain Island Charter$10,105Community School of Davidson$9,969Bradford Preparatory School$9,056American Leadership Academy - Johns…$8,684Franklin Academy$8,437Langtree Charter Academy$8,008State median, 1,000+ students $12,366
Current spending per student, North Carolina districts closest in size to Franklin Academy, FY23Mitchell County Schools $14,405; Perquimans County Schools $14,355; Mount Airy City Schools $13,250; Sugar Creek Charter School $12,768; Mountain Island Charter $10,105; Community School of Davidson $9,969; Bradford Preparatory School $9,056; American Leadership Academy - Johnston $8,684; Franklin Academy $8,437; Langtree Charter Academy $8,008; State median, 1,000+ students $12,366.6k10k14k16kMitchell County Schools$14,405Perquimans County Schools$14,355Mount Airy City Schools$13,250Sugar Creek Charter School$12,768Mountain Island Charter$10,105Community School of Davidson$9,969Bradford Preparatory School$9,056American Leadership Academy - Johnston$8,684Franklin Academy$8,437Langtree Charter Academy$8,008State median, 1,000+ students $12,366
Current spending per student, North Carolina districts closest in size to Franklin Academy, FY23Mitchell County Schools $14,405; Perquimans County Schools $14,355; Mount Airy City Schools $13,250; Sugar Creek Charter School $12,768; Mountain Island Charter $10,105; Community School of Davidson $9,969; Bradford Preparatory School $9,056; American Leadership Academy - Johnston $8,684; Franklin Academy $8,437; Langtree Charter Academy $8,008; State median, 1,000+ students $12,366.6k10k14k16kMitchell County Schools$14,405Perquimans County Schools$14,355Mount Airy City Schools$13,250Sugar Creek Charter School$12,768Mountain Island Charter$10,105Community School of Davidson$9,969Bradford Preparatory School$9,056American Leadership Academy - Johnston$8,684Franklin Academy$8,437Langtree Charter Academy$8,008State median, 1,000+ students $12,366

Where the money came from

$15,777,000 in revenue: 66.6% state, 29.9% local and 3.4% federal. Total spending including $801,000 of capital outlay was $14,732,000, or $8,923 per student; the figure above leaves capital out.

Franklin Academy revenue by source, fiscal year 2022-23State $10,514,000; Local $4,722,000; Federal $541,000; total $15,777,000.
  • State$10,514,000 67%
  • Local$4,722,000 30%
  • Federal$541,000 3%

Source: NCES F-33 school district finance survey, fiscal year 2022-23: current expenditures for elementary and secondary education divided by fall membership; the state median covers 150 districts with at least 1,000 students in fall 2022. Revenue by source (TOTALREV, TFEDREV, TSTREV, TLOCREV).

Enrollment held steady from 2022-23 to 2024-25

1,651 students in 2022-23, 1,652 students in 2023-24, 1,660 students in 2024-25, counted across the schools that reported each year.

Franklin Academy enrollment by school year2022-23: 1,651, 2023-24: 1,652, 2024-25: 1,66005001k1.5k2k2022-231,6512023-241,6522024-251,660
Franklin Academy enrollment by school year2022-23: 1,651, 2023-24: 1,652, 2024-25: 1,66005001k1.5k2k2022-231,6512023-241,6522024-251,660
Franklin Academy enrollment by school year2022-23: 1,651, 2023-24: 1,652, 2024-25: 1,66005001k1.5k2k2022-231,6512023-241,6522024-251,660
Franklin Academy enrollment by school year2022-23: 1,651, 2023-24: 1,652, 2024-25: 1,66005001k1.5k2k2022-231,6512023-241,6522024-251,660

Teachers and students per teacher

School yearStudentsTeachers (FTE)Per teacher
2022-231,651112.914.6
2023-241,652118.513.9
2024-251,660124.413.3

Source: NCES Common Core of Data membership and staff files, 2022-23, 2023-24, 2024-25; sums over the schools reporting each year.

$7,375,000 in teacher salaries in fiscal year 2022-23, $4,467 per student

Franklin Academy booked $7,375,000 of teacher salaries in its 2022-23 finance report and counted 113 full-time teachers in its Common Core of Data district staff file for 2022-23 (the school files behind the staffing figures on this page count teachers separately, so the two can differ), or $65,306 of salary spending per teacher. That is more than 99 in 100 North Carolina districts with a figure (state median $49,503, 293 districts). It is spending, not what a teacher is paid: the salary lines and the teacher count come from different files, so the result can differ widely from the average salary the district publishes (its salary schedule gives pay); benefits are left out, and states book salaries differently, so compare districts within one state. For pay, the National Education Association put the average North Carolina teacher salary at $53,644 in 2021-22 (NCES Digest table 211.60).

ProgramTeacher salariesShare
Regular programs$6,634,00090.0%
Special education$741,00010.0%

Teacher salaries per student, fiscal years 2018-19 to 2022-23

The district's teacher salary bill divided by its fall enrollment each year: $3,966 in 2018-19, $4,061 in 2019-20, $4,228 in 2020-21, $4,293 in 2021-22, $4,467 in 2022-23.

Franklin Academy teacher salaries per student by fiscal year2018-19: $3,966, 2019-20: $4,061, 2020-21: $4,228, 2021-22: $4,293, 2022-23: $4,46702k4k6k2018-19$3,9662019-20$4,0612020-21$4,2282021-22$4,2932022-23$4,467
Franklin Academy teacher salaries per student by fiscal year2018-19: $3,966, 2019-20: $4,061, 2020-21: $4,228, 2021-22: $4,293, 2022-23: $4,46702k4k6k2018-19$3,9662019-20$4,0612020-21$4,2282021-22$4,2932022-23$4,467
Franklin Academy teacher salaries per student by fiscal year2018-19: $3,966, 2019-20: $4,061, 2020-21: $4,228, 2021-22: $4,293, 2022-23: $4,46702k4k6k2018-19$3,9662019-20$4,0612020-21$4,2282021-22$4,2932022-23$4,467
Franklin Academy teacher salaries per student by fiscal year2018-19: $3,966, 2019-20: $4,061, 2020-21: $4,228, 2021-22: $4,293, 2022-23: $4,46702k4k6k2018-19$3,9662019-20$4,0612020-21$4,2282021-22$4,2932022-23$4,467

Source: NCES F-33 school district finance survey, fiscal years 2019 to 2023: teacher salaries in regular, special, vocational and other programs (Z35 to Z38) and fall membership (V33); NCES Common Core of Data LEA staff file 2022-23, teachers (full-time equivalent).

State test results, 2021-22

In 2021-22, the students tested in Franklin Academy scored proficient or above: 76-80% in reading and 82-86% in math, against 48% in reading and 50% in math across North Carolina. Each state writes its own test and sets its own proficiency bar, so compare these within North Carolina, not across states. Where a state published results by grade only, the grades tested are combined, weighted by the students tested in each.

Students proficient or above, 2021-22
SubjectThis districtNorth CarolinaStudents tested
Reading and language arts76-80%48%761
Math82-86%50%760

Source: U.S. Department of Education, EDFacts state assessment results 2021-22, all students, from ED Data Express (the Data Rescue Project archive; ED has no 2022-23 result for this district): ED shows district results as ranges (for example 20-24%) to protect small groups.

Graduation rate, class of 2023

95% or more of the 109 students in Franklin Academy's class of 2023 graduated within four years, against 86.5% across North Carolina. The four-year rate follows the students who started ninth grade in fall 2019, adjusted for those who moved in or out, and counts those who earned a regular diploma by 2023. Every state computes it the same way under federal law, though each sets its own diploma requirements.

Four-year adjusted-cohort graduation rate, class of 2023
This districtNorth Carolina
Four-year graduation rate95% or more86.5%
Students in the class109120,822

Source: U.S. Department of Education, EDFacts four-year adjusted-cohort graduation rates 2022-23, all students, from ED Data Express: ED shows district rates as ranges (for example 90-94%) and leaves out small classes.

1 other school, 1,660 students

SchoolStudentsPer teacherFree lunchTitle I, 2021‑22
Franklin Academy1,66013.3not reportedNot Title I

Source: NCES Common Core of Data 2024-25; Title I status CCD 2021-22, the last year NCES published it. All free (CEP): every student eats free under the Community Eligibility Provision, so the school reports no free-lunch count; not reported: the school sent NCES no meal count.

Contact Franklin Academy

Source: NCES Common Core of Data, local education agency directory 2024-25. Enrollment, boundaries and school assignment are the district's to confirm.

What to look at next about Franklin Academy

  1. North Carolina districts by spending per studentFranklin Academy ranks 143 of 150 North Carolina districts with at least 1,000 students in fall 2022 on current spending per student in fiscal year 2022-23 ($8,437).#143 of 150
  2. Every school district in North CarolinaFranklin Academy is the number 115 by size of 332 North Carolina districts, with 1,651 students in fall 2022 (F-33).#115 of 332
  3. Perquimans County SchoolsThe next larger North Carolina district: 1,665 students in fall 2022, $14,355 per student in fiscal year 2022-23.$14,355
  4. Sugar Creek Charter SchoolThe next smaller North Carolina district: 1,588 students in fall 2022, $12,768 per student in fiscal year 2022-23.$12,768
  5. Compare Franklin Academy with Perquimans County SchoolsEnrollment, spending, revenue sources and schools, side by side.
  6. Teacher salary spending across North CarolinaFranklin Academy spent $65,306 in salaries per full-time teacher in fiscal year 2022-23 (state median $49,503); spending, not a salary.$65,306
  7. Find the school district for an addressA home's district decides which public schools it can enroll in.

Source: NCES F-33 finance survey, fiscal year 2022-23 (spending per student and fall 2022 membership; ranks among the state's districts that reported them); NCES Common Core of Data 2024-25 (schools).

Questions about Franklin Academy

  1. How many schools and students are in Franklin Academy?
    One school was open in 2024-25 (1 other), enrolling 1,660 students, according to the NCES Common Core of Data.
  2. How much does Franklin Academy spend per student?
    $8,437 per student on current operations in fiscal year 2022-23 (NCES F-33), which leaves out construction and debt; the North Carolina median for districts with at least 1,000 students in fall 2022 is $12,366 and the U.S. figure is $16,260.
  3. Where does Franklin Academy's money come from?
    $15,777,000 in revenue in fiscal year 2022-23: 66.6% state, 29.9% local and 3.4% federal (NCES F-33).
  4. How much does Franklin Academy spend on teacher salaries?
    $7,375,000 in fiscal year 2022-23 (NCES F-33), or $4,467 per student. Divided by the 113 full-time teachers in the NCES Common Core of Data for 2022-23 that is $65,306 per teacher, more than 99 in 100 North Carolina districts (state median $49,503). That is spending, not what a teacher is paid: the salary lines and the teacher count come from different files, and the result can differ widely from the average salary a district publishes. The district's salary schedule gives pay. For pay, the National Education Association put the average North Carolina teacher salary at $53,644 in 2021-22 (NCES Digest table 211.60).
  5. How do students in Franklin Academy do on state tests?
    In 2021-22, the students tested in Franklin Academy scored proficient or above: 76-80% in reading and 82-86% in math, against 48% in reading and 50% in math across North Carolina. North Carolina's own test sets what proficient means, so results compare within the state, not across states. Source: U.S. Department of Education, EDFacts state assessment results, 2021-22.
  6. What is the graduation rate in Franklin Academy?
    95% or more of the 109 students in Franklin Academy's class of 2023 graduated within four years, against 86.5% across North Carolina. The four-year rate follows the students who started ninth grade in fall 2019, adjusted for those who moved in or out. Source: U.S. Department of Education, EDFacts four-year adjusted-cohort graduation rates, 2022-23.
  7. What is Franklin Academy's NCES district ID?
    3700069. Each of its schools' 12-digit NCES IDs begins with these seven digits.

Reading these figures: how to choose a school district, what Title I means and what an absenteeism rate means. They are for information and are not a substitute for the school's or district's own records.

Sources

Every federal file behind this record
  • NCES Common Core of Data, 2024-25: directory, membership, staff and lunch files. nces.ed.gov
  • NCES Common Core of Data, 2021-22 school characteristics: Title I status. nces.ed.gov
  • Civil Rights Data Collection, 2021-22: AP courses, gifted programs, counselors, discipline. civilrightsdata.ed.gov
  • EDFacts, 2022-23: chronic absenteeism. ed.gov
  • EDFacts four-year adjusted-cohort graduation rates, 2022-23: the class of 2023 for the district and its state (ED Data Express). eddataexpress.ed.gov
  • EDFacts state assessment results, 2021-22: reading and math proficiency for the district and its state (ED Data Express). eddataexpress.ed.gov
  • NCES Digest of Education Statistics, table 211.60 (2021-22): the state's average teacher salary, from the National Education Association. nces.ed.gov
  • NCES F-33 School District Finance Survey, fiscal year 2022-23: district spending and revenue. nces.ed.gov
  • U.S. Census Bureau geocoder and TIGER school districts: the district boundary used by the district finder. census.gov

Source: NCES F-33 School District Finance Survey Revenue and expenditures by district · FY 2022-23

Source: NCES Common Core of Data School directory, membership, staff and lunch files · 2024-25

Compiled from official source data by .