Franklin is a town in Izard County, Arkansas, United States. The population was 198 at the 2010 census. On March 14, 2025, an EF4 …Franklin is a town in Izard County, Arkansas, United States. The population was 198 at the 2010 census. On March 14, 2025, an EF4 tornado destroyed three homes near the community, injuring two people.