Living in Franklin Farm, Virginia
Cost of living, income, home prices, rent and demographics of Franklin Farm · Census data 2020–2024
Franklin Farm has 18,736 residents with a median age of 43.3. The median household income is $215,544 (131% higher than the Virginia median), the median home value is $829,600, the median rent is $2,625/month.
Franklin Farm at a glance
- Population
- 18,736
- Median age
- 43.3State: 39
- Median household income
- $215,544State: $93,170
- Median home value
- $829,600State: $383,700
- Median rent
- $2,625/moState: $1,579
- Homeowners
- 93%
- Bachelor's degree or higher
- 78.7%
- Average commute
- 27 min
Is Franklin Farm a good place to live?
Pros: Median household income 131% higher than the Virginia median; an average commute of 27 minutes; unemployment of 3.4%; a poverty rate of 1.5%.
Cons: Home values 116% higher than the state median.
The weather is best in May–June and September–October.
Cost of living in Franklin Farm
Housing is the biggest part of the cost of living. In Franklin Farm the median home value is $829,600, 149% higher than the U.S. median. Renters pay a median of $2,625 per month, which is 27.8% of household income. Homeowners with a mortgage pay $3,523 a month in housing costs.
Franklin Farm median household income
The median household income in Franklin Farm is $215,544 and the income per person is $85,820. 1.5% of residents live below the poverty line (Virginia: 9.9%).
Housing in Franklin Farm: homes for sale and rent
- Housing units
- 6,315
- Owner-occupied
- 93%
- Renter-occupied
- 7%
- Vacant
- 2.1%Includes seasonal homes
- Median year built
- 1985
- Average household size
- 3.03
Franklin Farm demographics
- Population
- 18,736
- Median age
- 43.3
- Under 18
- 23.7%
- 65 and older
- 15.9%
- Households
- 6,181
- Foreign-born
- 21.9%
- Veterans
- 7.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Franklin Farm ›
Education in Franklin Farm
78.7% of adults 25 and older in Franklin Farm have a bachelor's degree or higher (Virginia: 42.2%), and 40.7% have a graduate or professional degree.
Jobs and commute in Franklin Farm
- Unemployment rate
- 3.4%State: 4.3%
- Average commute
- 27 minState: 27 min
- Work from home
- 39%
- Drive alone
- 53.5%
- Public transit
- 2.6%
- Walk to work
- 0.3%
- Homes with broadband
- 98%
Franklin Farm vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Franklin Farm | 18,736 | $215,544 | $829,600 | $2,625 |
| Floris | 7,589 | $246,058 | $872,800 | $3,258 |
| Navy | 3,839 | $238,676 | $1,004,000 | — |
| Sully Square | 2,394 | $175,781 | $677,000 | $2,266 |
| Difficult Run | 9,938 | $250,001 | $1,111,400 | $3,066 |
| Greenbriar | 8,243 | $142,634 | $662,500 | $2,324 |
| Chantilly | 24,036 | $157,124 | $663,600 | $2,312 |
| McNair | 22,655 | $122,778 | $595,800 | $2,287 |
| Fair Oaks | 35,545 | $123,947 | $608,200 | $2,275 |
More for people moving to Franklin Farm
Franklin Farm ZIP code ›Weather and climate ›Living in Franklin Farm: FAQ
What is the median household income in Franklin Farm, VA?
The median household income in Franklin Farm is $215,544, 131% 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 Franklin Farm?
The median home value in Franklin Farm is $829,600, compared with $383,700 in Virginia.
How much is rent in Franklin Farm?
The median gross rent in Franklin Farm is $2,625 per month, about 27.8% of household income.
Is Franklin Farm, VA a good place to live?
Pluses: median household income 131% higher than the Virginia median; an average commute of 27 minutes; unemployment of 3.4%; a poverty rate of 1.5%. Minuses: home values 116% higher than the state median.
What is the median age in Franklin Farm?
The median age in Franklin Farm is 43.3 years (Virginia: 39).
How long is the commute in Franklin Farm?
The average commute to work in Franklin Farm is 27 minutes; 39% of workers work from home.
What is the unemployment rate in Franklin Farm?
The unemployment rate in Franklin Farm is 3.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Franklin Farm?
78.7% of adults in Franklin Farm 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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