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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

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