Virginia · Census place 29628
Franklin Farm CDP, VA
Quick answer
Franklin Farm CDP has 18,509 residents, ranking #68 of 688 places in Virginia. Median household income is $210,169, the median home is worth $810,600 and median gross rent runs $2,697 a month.
- Population
- 18,509Franklin Farm CDP residents
- Median household income
- $210,169Past 12 months, inflation adjusted
- Median home value
- $810,600Owner-occupied units
- Median gross rent
- $2,697Rent plus utilities, monthly
- Median age
- 43 yrsAll residents
- Homeownership rate
- 92.8%Owner-occupied households
What the numbers mean in Franklin Farm CDP
Housing cost measured against local earnings.
A household earning the Franklin Farm CDP 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 3.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 1.8% of residents and 92.8% 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 Virginia.
- Meadowbrook CDP 20,383
- Lincolnia CDP 19,913
- Midlothian CDP 18,702
- Sudley CDP 18,420
- Colonial Heights city 18,210
- Laurel CDP 18,180
- Franconia CDP 18,141
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