Pennsylvania · Census place 27360
Franklin borough, PA
Quick answer
Franklin borough has 289 residents, ranking #1591 of 2002 places in Pennsylvania. Median household income is $39,583, the median home is worth $45,300 and median gross rent runs $817 a month.
- Population
- 289Franklin borough residents
- Median household income
- $39,583Past 12 months, inflation adjusted
- Median home value
- $45,300Owner-occupied units
- Median gross rent
- $817Rent plus utilities, monthly
- Median age
- 34.8 yrsAll residents
- Homeownership rate
- 78%Owner-occupied households
What the numbers mean in Franklin borough
Housing cost measured against local earnings.
A household earning the Franklin borough median would spend about 24.8% 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 1.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 27.2% of residents and 78% 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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