Living in Franklin, Pennsylvania
Cost of living, income, home prices, rent and demographics of Franklin · Census data 2020–2024
Franklin has 4,396 residents with a median age of 49.6. The median household income is $88,924 (14% higher than the Pennsylvania median), the median home value is $234,700, the median rent is $914/month.
Franklin at a glance
- Population
- 4,396
- Median age
- 49.6State: 40.9
- Median household income
- $88,924State: $77,971
- Median home value
- $234,700State: $254,500
- Median rent
- $914/moState: $1,209
- Homeowners
- 84.4%
- Bachelor's degree or higher
- 23.2%
- Average commute
- 32 min
Is Franklin a good place to live?
Pros: Median household income 14% higher than the Pennsylvania median; home values 8% lower than the state median; a poverty rate of 7.1%.
Cons: An average commute of 32 minutes; unemployment of 11.1%.
The weather is best in June to September.
Cost of living in Franklin
Housing is the biggest part of the cost of living. In Franklin the median home value is $234,700, 29% lower than the U.S. median. Renters pay a median of $914 per month, which is 18.1% of household income. Homeowners with a mortgage pay $1,664 a month in housing costs.
Franklin median household income
The median household income in Franklin is $88,924 and the income per person is $51,277. 7.1% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Franklin: homes for sale and rent
- Housing units
- 1,959
- Owner-occupied
- 84.4%
- Renter-occupied
- 15.6%
- Vacant
- 2.3%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.30
Franklin demographics
- Population
- 4,396
- Median age
- 49.6
- Under 18
- 13.7%
- 65 and older
- 17.8%
- Households
- 1,913
- Foreign-born
- 4.8%
- Veterans
- 4.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Franklin ›
Education in Franklin
23.2% of adults 25 and older in Franklin have a bachelor's degree or higher (Pennsylvania: 35.2%), and 8.1% have a graduate or professional degree.
Jobs and commute in Franklin
- Unemployment rate
- 11.1%State: 5.3%
- Average commute
- 32 minState: 26 min
- Work from home
- 9.3%
- Drive alone
- 79.1%
- Public transit
- 0%
- Walk to work
- 1.7%
- Homes with broadband
- 93%
Franklin vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Franklin | 4,396 | $88,924 | $234,700 | $914 |
| Weissport East | 1,646 | $54,837 | $193,500 | $762 |
| Parryville | 445 | $62,250 | $180,300 | $1,063 |
| Weissport | 506 | $66,875 | $77,900 | $980 |
| Towamensing | 4,514 | $69,245 | $249,400 | $972 |
| Lehighton | 5,268 | $64,651 | $213,600 | $1,019 |
| Bowmanstown | 968 | $68,365 | $191,900 | $1,005 |
| Palmerton | 5,622 | $68,143 | $180,000 | $931 |
| Lower Towamensing | 3,076 | $68,789 | $232,400 | $1,002 |
More for people moving to Franklin
Franklin ZIP code ›Weather and climate ›Living in Franklin: FAQ
What is the median household income in Franklin, PA?
The median household income in Franklin is $88,924, 14% higher than the Pennsylvania median of $77,971 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Franklin?
The median home value in Franklin is $234,700, compared with $254,500 in Pennsylvania.
How much is rent in Franklin?
The median gross rent in Franklin is $914 per month, about 18.1% of household income.
Is Franklin, PA a good place to live?
Pluses: median household income 14% higher than the Pennsylvania median; home values 8% lower than the state median; a poverty rate of 7.1%. Minuses: an average commute of 32 minutes; unemployment of 11.1%.
What is the median age in Franklin?
The median age in Franklin is 49.6 years (Pennsylvania: 40.9).
How long is the commute in Franklin?
The average commute to work in Franklin is 32 minutes; 9.3% of workers work from home.
What is the unemployment rate in Franklin?
The unemployment rate in Franklin is 11.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Franklin?
23.2% of adults in Franklin 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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