[5] The community's name ultimately is derived from Benjamin Franklin.

A post office called Franklin Furnace has been in operation since 1828.

There were 588 housing units at an average density of 246.7 per square mile (95.3/km2).

21.4% of all households were made up of individuals, and 8.7% had someone living alone who was 65 years of age or older.

Franklin Furnace residents are served by the Green Local School District, and by a volunteer fire department.