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Franklin, NY

Full City Profile · New York · Otsego County County

3.4 /5.0
B Good
413 Population 1,215/sq mi density
$80,000 Median Income $51,118 per capita
$187,100 Home Value $179,512 Zillow
$785 Median Rent 26.0% income on rent
46°F Avg Temperature 246 sunny days/yr
186 Violent Crime/100K 1,776 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$80,000 median income, 6.1% unemployment
A+
Affordability
5.0 / 5.0
$187,100 home value, $785/mo rent
F
Safety
1.0 / 5.0
186 violent crimes/100K
B+
Education
3.9 / 5.0
36.8% bachelor's degree or higher

Franklin, NY

At a Glance

Median Income
$80,000
6% above
$51,118 per capita
Home Value
$187,100
34% below
Zillow: $179,512
Median Rent
$785/mo
33% below
26.0% of income on rent
Violent Crime
186/100K
51% below
1,776/100K property
Bachelor's Degree+
36.8%
9% above
96.0% high school+
Unemployment
6.1%
69% above
8.0% poverty rate
Obesity Rate
32.0%
0% below
14.2% smoking rate
Avg Temperature
46°F
246 sunny days/yr

How Franklin Compares to the U.S. Average

Each bar shows Franklin's value as a percentage of the national average (100% = U.S. avg)

Income
106%
Home Value
66%
Rent
67%
Poverty
65%
Bachelor's
109%
Unemployment
169%
Crime
49%
Thin vertical line = U.S. national average (100%)

Is Franklin a Good Place to Live?

B
3.4 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Franklin residents earn a median household income of $80,000 , which is 6% above the national average of $75,149. Per capita income is $51,118. The unemployment rate stands at 6.1% (69% above the U.S. rate of 3.6%). 8.0% of residents live below the poverty line. The area is home to 1,538 business establishments, including 190 restaurants.

Housing & Cost of Living

The median home value in Franklin is $187,100 , 34% below the national median of $281,900. Zillow estimates the typical home at $179,512. Median rent is $785/month, with 26.0% of renters spending more than 30% of income on housing. The cost of living index is 107.9 (100 = national average). The median home was built in 1938.

Safety & Crime

Franklin reports 186 violent crimes per 100,000 residents , which is 51% below the national average of 380/100K. Property crime is 1,776/100K.

Education

36.8% of adults in Franklin hold a bachelor's degree or higher (9% above the national average). 96.0% have completed high school. Local schools score 4.5/10 in standardized testing.

Climate & Weather

Franklin has an average annual temperature of 46°F (8°C). Winters average 22°F in January while summers reach 69°F in July. The area gets 246 sunny days per year. Annual precipitation totals 45.3 inches. Air quality is rated Good with a median AQI of 36.

Data Overview

People

Population413
Median Age43.7 yrs
Density1,215/mi²
Male / Female62% / 38%
Foreign Born13.6%
Veterans7.3%

Economy

B+
Median Income$80,000
Per Capita$51,118
Unemployment6.1%
Poverty8.0%
County GDP$3,518M
Avg Weekly Wage$1,160

Housing

A+
Home Value$187,100
Rent$785
Ownership62.0%
Zillow$179,512
Housing Units213
Rent Burden26.0%

Crime

F
Violent186/100K
Property1,776/100K

Health

Obesity32.0%
Diabetes8.3%
Smoking14.2%
Heart Disease5.3%
Premature Death8,049/100K

Climate

Avg Temp46°F
Sunny Days246/yr
Rain45.3 in/yr
AQI36 (Good)
Elevation1,236 ft

Education

B+
Bachelor's+36.8%
High School+96.0%
Graduate+21.9%
School Score4.5/10

Community

2024 VoteR 54% / D 46%
Commute27 min
Broadband94.0%
Internet Speed156 Mbps
EV Stations17
Libraries13

Did You Know?

The median home in Franklin was built in 1938.
26.1% work from home.
The nearest airport is Albert S Nader Regional (14 miles).
The Gini coefficient (income inequality) is 0.454 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
24.2% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 156 Mbps.
There are 190 restaurants in the area.
The county recorded 6 fatal vehicle crashes.