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ZipNumbers

Ohio · Census place 54562

New Franklin city, OH

Quick answer

New Franklin city has 13,830 residents, ranking #131 of 1265 places in Ohio. Median household income is $88,306, the median home is worth $196,600 and median gross rent runs $1,101 a month.

Population
13,830New Franklin city residents
Median household income
$88,306Past 12 months, inflation adjusted
Median home value
$196,600Owner-occupied units
Median gross rent
$1,101Rent plus utilities, monthly
Median age
47.5 yrsAll residents
Homeownership rate
87.1%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% 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 6.2% of residents and 87.1% 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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