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
Housing Overview
Median Home Value
$187,100
34% below
US avg: $281,900
Median Rent
$785/mo
33% below
US avg: $1,163/mo
Homeownership Rate
62.0%
5% below US avg (65.4%)
Total Housing Units
213
Median year built: 1938
Home Value by Source
Census Median
$187,100
Zillow (ZHVI)
$179,512
Median Sale Price
$475,000
Median List Price
$279,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
62.0%
Owner-Occupied
38.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$720/mo
1 Bedroom
$862/mo
2 Bedroom
$1,044/mo
3 Bedroom
$1,299/mo
4 Bedroom
$1,489/mo
Census median rent:
$785/mo
Market Indicators (Redfin)
Median Days on Market
111 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
5
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$290
Active Inventory
4
homes for sale
Affordability & Housing Stock
Rent Burden
26.0%
of renters spending 30%+ of income on housing
16% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
62.0%
Complete Housing Data
Home Values
| Census Median Value | $187,100 |
| Zillow Home Value (ZHVI) | $179,512 |
| Median Sale Price | $475,000 |
| Median List Price | $279,000 |
| Price Per Sq Ft | $290 |
Rent
| Census Median Rent | $785 |
| FMR Studio | $720 |
| FMR 1-Bedroom | $862 |
| FMR 2-Bedroom | $1,044 |
| FMR 3-Bedroom | $1,299 |
| FMR 4-Bedroom | $1,489 |
Market
| Days on Market | 111 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 0.0% |
| Homes Sold | 5 |
| Active Inventory | 4 |
| Price Per Sq Ft | $290 |
Ownership & Stock
| Owner-Occupied | 62.0% |
| Renter-Occupied | 38.0% |
| Homeownership Rate | 62.0% |
| Total Housing Units | 213 |
| Median Year Built | 1938 |
| Rent Burden | 26.0% |
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