Living in Franklin Furnace, Ohio
Cost of living, income, home prices, rent and demographics of Franklin Furnace · Census data 2020–2024
Franklin Furnace has 1,594 residents with a median age of 37.9. The median household income is $59,621 (16% lower than the Ohio median), the median home value is $147,200, the median rent is $706/month.
Franklin Furnace at a glance
- Population
- 1,594
- Median age
- 37.9State: 39.7
- Median household income
- $59,621State: $71,389
- Median home value
- $147,200State: $214,800
- Median rent
- $706/moState: $1,034
- Homeowners
- 80.2%
- Bachelor's degree or higher
- 16%
- Average commute
- 31 min
Is Franklin Furnace a good place to live?
Pros: Home values 31% lower than the state median; unemployment of 0%; a poverty rate of 12.5%.
Cons: Median household income 16% lower than the Ohio median; an average commute of 31 minutes.
The weather is best in May and August to October.
Cost of living in Franklin Furnace
Housing is the biggest part of the cost of living. In Franklin Furnace the median home value is $147,200, 56% lower than the U.S. median. Renters pay a median of $706 per month, which is 18.3% of household income. Homeowners with a mortgage pay $1,596 a month in housing costs.
Franklin Furnace median household income
The median household income in Franklin Furnace is $59,621 and the income per person is $24,839. 12.5% of residents live below the poverty line (Ohio: 13.3%).
Housing in Franklin Furnace: homes for sale and rent
- Housing units
- 614
- Owner-occupied
- 80.2%
- Renter-occupied
- 19.8%
- Vacant
- 15.3%Includes seasonal homes
- Median year built
- 1977
- Average household size
- 2.33
Franklin Furnace demographics
- Population
- 1,594
- Median age
- 37.9
- Under 18
- 17.1%
- 65 and older
- 18.6%
- Households
- 520
- Foreign-born
- 0.3%
- Veterans
- 7.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Franklin Furnace ›
Education in Franklin Furnace
16% of adults 25 and older in Franklin Furnace have a bachelor's degree or higher (Ohio: 31.5%), and 4.1% have a graduate or professional degree.
Jobs and commute in Franklin Furnace
- Unemployment rate
- 0%State: 4.8%
- Average commute
- 31 minState: 23 min
- Work from home
- 2.4%
- Drive alone
- 83.6%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 84%
Franklin Furnace vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Franklin Furnace | 1,594 | $59,621 | $147,200 | $706 |
| Greenup | 813 | $40,313 | $143,000 | $890 |
| Wurtland | 1,154 | $60,972 | $95,000 | $917 |
| Wheelersburg | 6,313 | $63,132 | $210,000 | $685 |
| Hanging Rock | 142 | $67,188 | $125,000 | $675 |
| Worthington | 1,759 | $65,609 | $133,200 | $871 |
| Raceland | 2,265 | $57,222 | $128,400 | $855 |
| Sciotodale | 794 | $50,507 | $120,000 | $847 |
| South Shore | 1,642 | $29,340 | $89,200 | $624 |
More for people moving to Franklin Furnace
Franklin Furnace ZIP code ›Weather and climate ›Living in Franklin Furnace: FAQ
What is the median household income in Franklin Furnace, OH?
The median household income in Franklin Furnace is $59,621, 16% lower than the Ohio median of $71,389 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Franklin Furnace?
The median home value in Franklin Furnace is $147,200, compared with $214,800 in Ohio.
How much is rent in Franklin Furnace?
The median gross rent in Franklin Furnace is $706 per month, about 18.3% of household income.
Is Franklin Furnace, OH a good place to live?
Pluses: home values 31% lower than the state median; unemployment of 0%; a poverty rate of 12.5%. Minuses: median household income 16% lower than the Ohio median; an average commute of 31 minutes.
What is the median age in Franklin Furnace?
The median age in Franklin Furnace is 37.9 years (Ohio: 39.7).
How long is the commute in Franklin Furnace?
The average commute to work in Franklin Furnace is 31 minutes; 2.4% of workers work from home.
What is the unemployment rate in Franklin Furnace?
The unemployment rate in Franklin Furnace is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Franklin Furnace?
16% of adults in Franklin Furnace 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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