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ZipNumbers

Missouri · Census place 51824

New Franklin city, MO

Quick answer

New Franklin city has 1,015 residents, ranking #374 of 1082 places in Missouri. Median household income is $53,056, the median home is worth $117,700 and median gross rent runs $680 a month.

Population
1,015New Franklin city residents
Median household income
$53,056Past 12 months, inflation adjusted
Median home value
$117,700Owner-occupied units
Median gross rent
$680Rent plus utilities, monthly
Median age
41.2 yrsAll residents
Homeownership rate
62.2%Owner-occupied households

What the numbers mean in New Franklin city

Housing cost measured against local earnings.

A household earning the New Franklin city median would spend about 15.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 18.5% of residents and 62.2% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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