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
Compare with nearby places
Places of similar size in Missouri.
- Drexel city 1,039
- Lilbourn city 1,021
- Country Club Hills city 1,017
- Exeter city 997
- Grant City town 993
- Laurie city 992
- Reeds Spring city 992
Keep going
More Missouri coverage.