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New York · Census place 27221

Franklin village, NY

Quick answer

Franklin village has 413 residents, ranking #1101 of 1292 places in New York. Median household income is $80,000, the median home is worth $187,100 and median gross rent runs $785 a month.

Population
413Franklin village residents
Median household income
$80,000Past 12 months, inflation adjusted
Median home value
$187,100Owner-occupied units
Median gross rent
$785Rent plus utilities, monthly
Median age
43.7 yrsAll residents
Homeownership rate
62%Owner-occupied households

What the numbers mean in Franklin village

Housing cost measured against local earnings.

A household earning the Franklin village median would spend about 11.8% 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 2.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.4% of residents and 62% 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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