Living in Franklinville, New York
Cost of living, income, home prices, rent and demographics of Franklinville · Census data 2020–2024
Franklinville has 1,938 residents with a median age of 34.9. The median household income is $72,115 (16% lower than the New York median), the median home value is $97,100, the median rent is $719/month.
Franklinville at a glance
- Population
- 1,938
- Median age
- 34.9State: 39.8
- Median household income
- $72,115State: $85,974
- Median home value
- $97,100State: $423,800
- Median rent
- $719/moState: $1,621
- Homeowners
- 80.3%
- Bachelor's degree or higher
- 16%
- Average commute
- 31 min
Is Franklinville a good place to live?
Pros: Home values 77% lower than the state median; an average commute of 31 minutes; unemployment of 5.1%.
Cons: Median household income 16% lower than the New York median; a poverty rate of 15.2%.
The weather is best in June to September.
Cost of living in Franklinville
Housing is the biggest part of the cost of living. In Franklinville the median home value is $97,100, 71% lower than the U.S. median. Renters pay a median of $719 per month, which is 26.6% of household income. Homeowners with a mortgage pay $1,153 a month in housing costs.
Franklinville median household income
The median household income in Franklinville is $72,115 and the income per person is $28,478. 15.2% of residents live below the poverty line (New York: 14%).
Housing in Franklinville: homes for sale and rent
- Housing units
- 809
- Owner-occupied
- 80.3%
- Renter-occupied
- 19.7%
- Vacant
- 16.4%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.83
Franklinville demographics
- Population
- 1,938
- Median age
- 34.9
- Under 18
- 30.7%
- 65 and older
- 14.1%
- Households
- 676
- Foreign-born
- 1.1%
- Veterans
- 4.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Franklinville ›
Education in Franklinville
16% of adults 25 and older in Franklinville have a bachelor's degree or higher (New York: 40.2%), and 7.4% have a graduate or professional degree.
Jobs and commute in Franklinville
- Unemployment rate
- 5.1%State: 6.4%
- Average commute
- 31 minState: 33 min
- Work from home
- 17.1%
- Drive alone
- 67.5%
- Public transit
- 0%
- Walk to work
- 4.9%
- Homes with broadband
- 91.3%
Franklinville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Franklinville | 1,938 | $72,115 | $97,100 | $719 |
| Machias | 751 | $74,178 | $49,600 | $1,102 |
| Lime Lake | 656 | $46,686 | $108,200 | $890 |
| West Valley | 489 | $70,357 | $126,700 | — |
| Delevan | 1,275 | $64,194 | $116,300 | $817 |
| Rushford | 315 | $55,909 | $66,500 | — |
| Ellicottville | 348 | $86,042 | $377,300 | $1,160 |
| Cuba | 1,807 | $61,776 | $85,900 | $770 |
| Arcade | 1,915 | $58,695 | $172,300 | $805 |
More for people moving to Franklinville
Franklinville ZIP code ›Weather and climate ›Living in Franklinville: FAQ
What is the median household income in Franklinville, NY?
The median household income in Franklinville is $72,115, 16% lower than the New York median of $85,974 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Franklinville?
The median home value in Franklinville is $97,100, compared with $423,800 in New York.
How much is rent in Franklinville?
The median gross rent in Franklinville is $719 per month, about 26.6% of household income.
Is Franklinville, NY a good place to live?
Pluses: home values 77% lower than the state median; an average commute of 31 minutes; unemployment of 5.1%. Minuses: median household income 16% lower than the New York median; a poverty rate of 15.2%.
What is the median age in Franklinville?
The median age in Franklinville is 34.9 years (New York: 39.8).
How long is the commute in Franklinville?
The average commute to work in Franklinville is 31 minutes; 17.1% of workers work from home.
What is the unemployment rate in Franklinville?
The unemployment rate in Franklinville is 5.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Franklinville?
16% of adults in Franklinville have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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