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CITY · 2020 ACS

Franklin

New York · 258 residents · 0.339 sq mi
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The short version

Franklin has roughly average household income, with a median household income of $65,476. Population has fallen 36% since 2000, a loss of 144 residents. Median home value has more than doubled since 2000, reaching $159,900.

At a glance
Average income
near the US median
US median: $66,278
Mid-age
median age 40.3
US median: 38.8
More educated
43% hold a bachelor's degree
US average: 33%
Less affordable
home values up 44%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
258
−36%since 2000
from 402 in 2000
1990 – 2025
Population density
761 / sq mi
−36%since 2000
from 1,186 / sq mi in 2000
US average: 280
Median age
40.3
+7%since 2000
from 37.8 in 2000
US average: 38.8
Population, 1990 – 2024
2382983584184781990201020202024Franklin
2024424
1990201020202024
Section 02

Income & economy

Median household income
$65,476
+43%inflation adjusted, since 2000
from $30,486 in 2000
US average: $66,278
1990 – 2024
Per capita income
$38,073
+123%since 2000
from $17,056 in 2000
US average: $35,364
Households earning $100K+
29.9%
−0.2 ptssince 2009
from 30.1% in 2009
US average: 43.9%
Poverty rate
14.1%
+1.0 ptssince 2000
from 13.1% in 2000
US average: 12.8%
Workforce by industry, 2020
Information14.6%
US avg: 11.1%
Wholesale trade6%
US avg: 6.7%
Retail trade6%
US avg: 10%
Arts, entertainment, food4%
US avg: 2%
Transportation & warehousing1%
US avg: 2.5%
Finance & insurance1%
US avg: 5.5%
Education & health services1%
US avg: 0.8%
Other services1%
US avg: 6.6%
Public administration1%
US avg: 4.7%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Professional, scientific, technical0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$159,900
+44%inflation adjusted, since 2000
from $74,100 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$833
+14%inflation adjusted, since 2000
from $485 in 2000
US average: $1,124
Owner-occupied
68.3%
+3.3 ptssince 2000
from 65.0% in 2000
31.7% rent
Afford Score
2.4
Unchangedsince 2000
from 2.4 in 2000
1990 – 2024
RELATED:See current rent listings in Franklin on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98.5%(396)
Black0.5%(2)
Hispanic / Latino0.7%(3)
Asian0%(0)
Other0%
Diversity Score3.1%(12)
2020
White, non-Hispanic91.9%(237)
Black0.4%(1)
Hispanic / Latino1.2%(3)
Asian1.2%(3)
Other1.6%(4)
Diversity Score10.9%(28)
Diversity Score
11
+252%since 2000
from 3 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
42.6%
+15.9 ptssince 2000
from 26.7% in 2000
US average: 32.9%
High school or higher
97.3%
+7.9 ptssince 2000
from 89.3% in 2000
US average: 88.5%
Graduate degree
21.6%
+9.2 ptssince 2000
from 12.5% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
21.3 min
+64%since 2000
from 13.0 min in 2000
US average: 26.9
Drive alone to work
68.4%
+32.1 ptssince 2009
from 36.4% in 2009
US average: 75.1%
No vehicle available
1.7%
−5.8 ptssince 2009
from 7.5% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
2.9%
−5.6 ptssince 2011
from 8.5% in 2011
US average: 5.4%
Labor force participation
60.7%
−1.7 ptssince 2011
from 62.3% in 2011
US average: 63.4%
Management & professional
39.7%
−31.5 ptssince 2009
from 71.2% in 2009
US average: 39.3%
Section 08

People & community

Male
50.3%
+7.0 ptssince 2009
from 43.3% in 2009
Female
49.7%
−7.0 ptssince 2009
from 56.7% in 2009
Foreign born
4.3%
−2.1 ptssince 2009
from 6.3% in 2009
US average: 13.5%
Uninsured
10.6%
−85.2 ptssince 2013
from 95.8% in 2013
US average: 8.8%
Drill deeper

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Compare Franklin to nearby cities

FRANKLIN VS
Oneonta
Income$61,111−7%
Home value$184,100+15%
Population15,665+5723%
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FRANKLIN VS
Binghamton
Income$45,578−30%
Home value$124,800−22%
Population46,418+17156%
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FRANKLIN VS
Johnson City
Income$56,283−14%
Home value$117,100−27%
Population14,580+5320%
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FRANKLIN VS
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Income$82,726+26%
Home value$173,300+8%
Population11,546+4192%
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Frequently asked

How many people live in Franklin, New York?

Franklin, New York has about 258 residents according to the 2020 American Community Survey.

What is the median household income in Franklin, New York?

The typical household in Franklin, New York earns about $65,476 a year. Half of households make more than that, and half make less.

Is Franklin, New York expensive?

In Franklin, New York, the median home is worth about $159,900, and the typical rent is about $833 a month.

How educated are people in Franklin, New York?

About 42.6% of adults age 25 and over in Franklin, New York hold a bachelor's degree or higher.

What is the poverty rate in Franklin, New York?

About 14.1% of people in Franklin, New York live below the federal poverty line.

Has Franklin, New York grown since 1990?

Yes, Franklin, New York has shrunk since 1990. The population has lost about 141 residents, a change of about -35 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →