Franklin, NY
Population 413 · New York
About Franklin, NY
Franklin is a small community in New York with a population of 413 residents. The median household income is $80,000 per year, which is above the national average. The median age in Franklin is 43.7 years.
Housing in Franklin has a median home value of $187,100 and median monthly rent of $785. Of the 216 total housing units, the majority are owner-occupied, with 114 owner-occupied and 70 renter-occupied units.
The unemployment rate in Franklin is 8.3% and the poverty rate is 11.4%. 36.8% of residents hold a bachelor's degree or higher. The average commute time is 27.2 minutes.
Cost of Living in Franklin, NY
Compared to national averages, Franklin has a median household income of $80,000 (6% above the national median of $75,149). Home values average $187,100, which is 24% below the national median. Monthly rent at $785 is 33% below the US average of $1,163. Within New York, Franklin's income is 18% below the state average of $96,987, and home values are 52% below the state median of $387,181.
Why Live in Franklin, NY?
Franklin offers a strong local economy with a median household income of $80,000, well above the national average, and affordable housing with a median home value of $187,100, below the US average of $244,900, and rent that’s lower than the national average at $785/month. Additionally, the city features a well-educated community where 36.8% of residents hold a bachelor’s degree or higher, and a low poverty rate of 11.4%, better than the national average.
Franklin has a population of 413 with a median age of 43.7 years. Compare Franklin with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Franklin
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Castorland | 414 | $58,438 | $154,300 | Compare |
| Hobart | 410 | $62,813 | $142,600 | Compare |
| Chazy | 409 | $0 | $169,100 | Compare |
| Jeffersonville | 417 | $71,250 | $223,800 | Compare |
| Springwater | 418 | $60,909 | $116,300 | Compare |
| Mooers | 423 | $69,417 | $162,900 | Compare |
| Munnsville | 402 | $68,750 | $110,100 | Compare |
| Haines Falls | 401 | $114,750 | $242,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Franklin
What is the population of Franklin, NY?
The population of Franklin, NY is 413 according to the latest Census data.
What is the median household income in Franklin?
The median household income in Franklin, NY is $80,000 per year.
What is the median home value in Franklin?
The median home value in Franklin, NY is $187,100.
What is the average rent in Franklin?
The median monthly rent in Franklin, NY is $785.
What is the unemployment rate in Franklin?
The unemployment rate in Franklin, NY is 8.3%.