New Franklin, OH
Population 13,830 · Ohio
About New Franklin, OH
New Franklin is a mid-sized city in Ohio with a population of 13,830 residents. The median household income is $88,306 per year, which is above the national average. The median age in New Franklin is 47.5 years.
Housing in New Franklin has a median home value of $196,600 and median monthly rent of $1,101. Of the 5,912 total housing units, the majority are owner-occupied, with 4,934 owner-occupied and 728 renter-occupied units.
The unemployment rate in New Franklin is 4.1% and the poverty rate is 6.2%. 24.0% of residents hold a bachelor's degree or higher. The average commute time is 25 minutes.
Cost of Living in New Franklin, OH
Compared to national averages, New Franklin has a median household income of $88,306 (18% above the national median of $75,149). Home values average $196,600, which is 20% below the national median. Monthly rent at $1,101 is 5% below the US average of $1,163. Within Ohio, New Franklin's income is 23% above the state average of $71,814, and home values are 13% above the state median of $174,449.
Why Live in New Franklin, OH?
New Franklin offers a strong local economy with a median household income of $88,306, well above the national average, and affordable housing with a median home value of $196,600, below the US average of $244,900, and rent that’s lower than the national average at $1,101/month. Additionally, the city features a low poverty rate of 6.2%, better than the national average.
New Franklin has a population of 13,830 with a median age of 47.5 years. Compare New Franklin with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near New Franklin
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bridgetown | 13,830 | $78,417 | $177,900 | Compare |
| Beachwood | 13,850 | $102,798 | $381,600 | Compare |
| Lyndhurst | 13,854 | $88,701 | $198,900 | Compare |
| Maumee | 13,765 | $81,739 | $185,600 | Compare |
| Sharonville | 13,989 | $70,781 | $207,900 | Compare |
| East Cleveland | 13,666 | $22,883 | $68,900 | Compare |
| Brecksville | 13,656 | $126,888 | $360,100 | Compare |
| Bellefontaine | 14,051 | $60,296 | $163,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about New Franklin
What is the population of New Franklin, OH?
The population of New Franklin, OH is 13,830 according to the latest Census data.
What is the median household income in New Franklin?
The median household income in New Franklin, OH is $88,306 per year.
What is the median home value in New Franklin?
The median home value in New Franklin, OH is $196,600.
What is the average rent in New Franklin?
The median monthly rent in New Franklin, OH is $1,101.
What is the unemployment rate in New Franklin?
The unemployment rate in New Franklin, OH is 4.1%.