Living in Franconia, Virginia
Cost of living, income, home prices, rent and demographics of Franconia · Census data 2020–2024
Franconia has 18,335 residents with a median age of 40.9. The median household income is $152,474 (64% higher than the Virginia median), the median home value is $567,100, the median rent is $2,605/month.
Franconia at a glance
- Population
- 18,335
- Median age
- 40.9State: 39
- Median household income
- $152,474State: $93,170
- Median home value
- $567,100State: $383,700
- Median rent
- $2,605/moState: $1,579
- Homeowners
- 76%
- Bachelor's degree or higher
- 66.8%
- Average commute
- 31 min
Is Franconia a good place to live?
Pros: Median household income 64% higher than the Virginia median; unemployment of 2.7%; a poverty rate of 2.8%.
Cons: Home values 48% higher than the state median; an average commute of 31 minutes.
The weather is best in May–June and September–October.
Cost of living in Franconia
Housing is the biggest part of the cost of living. In Franconia the median home value is $567,100, 70% higher than the U.S. median. Renters pay a median of $2,605 per month, which is 22.1% of household income. Homeowners with a mortgage pay $2,861 a month in housing costs.
Franconia median household income
The median household income in Franconia is $152,474 and the income per person is $78,942. 2.8% of residents live below the poverty line (Virginia: 9.9%).
Housing in Franconia: homes for sale and rent
- Housing units
- 7,629
- Owner-occupied
- 76%
- Renter-occupied
- 24%
- Vacant
- 1.7%Includes seasonal homes
- Median year built
- 1988
- Average household size
- 2.44
Franconia demographics
- Population
- 18,335
- Median age
- 40.9
- Under 18
- 18.4%
- 65 and older
- 14.7%
- Households
- 7,501
- Foreign-born
- 28%
- Veterans
- 9.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Franconia ›
Education in Franconia
66.8% of adults 25 and older in Franconia have a bachelor's degree or higher (Virginia: 42.2%), and 33% have a graduate or professional degree.
Jobs and commute in Franconia
- Unemployment rate
- 2.7%State: 4.3%
- Average commute
- 31 minState: 27 min
- Work from home
- 39.7%
- Drive alone
- 49.3%
- Public transit
- 5.7%
- Walk to work
- 0.5%
- Homes with broadband
- 98.9%
Franconia vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Franconia | 18,335 | $152,474 | $567,100 | $2,605 |
| Kingstowne | 18,360 | $151,535 | $626,700 | $2,406 |
| Springfield | 31,154 | $125,999 | $640,300 | $2,656 |
| Hayfield | 4,392 | $192,250 | $677,500 | $3,114 |
| Groveton | 13,931 | $101,974 | $585,000 | $1,820 |
| Rose Hill | 21,066 | $174,950 | $687,600 | $2,475 |
| Newington | 13,478 | $155,027 | $598,000 | $2,805 |
| Woodlawn | 21,194 | $91,884 | $367,200 | $1,828 |
| Lincolnia | 20,320 | $121,639 | $647,400 | $2,141 |
More for people moving to Franconia
Franconia ZIP code ›Weather and climate ›Living in Franconia: FAQ
What is the median household income in Franconia, VA?
The median household income in Franconia is $152,474, 64% higher than the Virginia median of $93,170 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Franconia?
The median home value in Franconia is $567,100, compared with $383,700 in Virginia.
How much is rent in Franconia?
The median gross rent in Franconia is $2,605 per month, about 22.1% of household income.
Is Franconia, VA a good place to live?
Pluses: median household income 64% higher than the Virginia median; unemployment of 2.7%; a poverty rate of 2.8%. Minuses: home values 48% higher than the state median; an average commute of 31 minutes.
What is the median age in Franconia?
The median age in Franconia is 40.9 years (Virginia: 39).
How long is the commute in Franconia?
The average commute to work in Franconia is 31 minutes; 39.7% of workers work from home.
What is the unemployment rate in Franconia?
The unemployment rate in Franconia is 2.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Franconia?
66.8% of adults in Franconia 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.
Last updated: