Living in Franklin, Pennsylvania
Cost of living, income, home prices, rent and demographics of Franklin · Census data 2020–2024
Franklin has 6,802 residents with a median age of 45.8. The median household income is $68,482 (12% lower than the Pennsylvania median), the median home value is $226,200, the median rent is $828/month.
Franklin at a glance
- Population
- 6,802
- Median age
- 45.8State: 40.9
- Median household income
- $68,482State: $77,971
- Median home value
- $226,200State: $254,500
- Median rent
- $828/moState: $1,209
- Homeowners
- 66.9%
- Bachelor's degree or higher
- 22.4%
- Average commute
- 26 min
Is Franklin a good place to live?
Pros: Home values 11% lower than the state median; an average commute of 26 minutes; unemployment of 4.1%.
Cons: Median household income 12% lower than the Pennsylvania median; a poverty rate of 13.3%.
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 $226,200, 32% lower than the U.S. median. Renters pay a median of $828 per month, which is 19.6% of household income. Homeowners with a mortgage pay $1,624 a month in housing costs.
Franklin median household income
The median household income in Franklin is $68,482 and the income per person is $30,620. 13.3% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Franklin: homes for sale and rent
- Housing units
- 2,458
- Owner-occupied
- 66.9%
- Renter-occupied
- 33.1%
- Vacant
- 5.9%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.04
Franklin demographics
- Population
- 6,802
- Median age
- 45.8
- Under 18
- 14.4%
- 65 and older
- 20.2%
- Households
- 2,313
- Foreign-born
- 0.5%
- Veterans
- 7.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Franklin ›
Education in Franklin
22.4% of adults 25 and older in Franklin have a bachelor's degree or higher (Pennsylvania: 35.2%), and 7.9% have a graduate or professional degree.
Jobs and commute in Franklin
- Unemployment rate
- 4.1%State: 5.3%
- Average commute
- 26 minState: 26 min
- Work from home
- 6%
- Drive alone
- 81.7%
- Public transit
- 0.5%
- Walk to work
- 0.9%
- Homes with broadband
- 87.3%
Franklin vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Franklin | 6,802 | $68,482 | $226,200 | $828 |
| Waynesburg | 3,811 | $54,050 | $158,200 | $681 |
| West Waynesburg | 299 | $43,788 | $105,300 | — |
| Morrisville | 1,082 | $64,306 | $172,800 | — |
| Rogersville | 350 | $78,173 | $139,800 | $1,071 |
| Whiteley | 632 | $57,875 | $172,000 | $575 |
| Center | 1,155 | $67,500 | $212,500 | $913 |
| Washington | 991 | $73,611 | $223,800 | $658 |
| Morgan | 2,038 | $65,000 | $113,700 | $867 |
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 $68,482, 12% lower 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 $226,200, compared with $254,500 in Pennsylvania.
How much is rent in Franklin?
The median gross rent in Franklin is $828 per month, about 19.6% of household income.
Is Franklin, PA a good place to live?
Pluses: home values 11% lower than the state median; an average commute of 26 minutes; unemployment of 4.1%. Minuses: median household income 12% lower than the Pennsylvania median; a poverty rate of 13.3%.
What is the median age in Franklin?
The median age in Franklin is 45.8 years (Pennsylvania: 40.9).
How long is the commute in Franklin?
The average commute to work in Franklin is 26 minutes; 6% of workers work from home.
What is the unemployment rate in Franklin?
The unemployment rate in Franklin is 4.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Franklin?
22.4% 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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