Franklin Square, NY
Full City Profile · New York · Nassau County County
3.5
/5.0
B+
Good
30,559
Population
10,611/sq mi density
$140,051
Median Income
$51,174 per capita
$640,300
Home Value
$789,293 Zillow
$2,052
Median Rent
27.6% income on rent
56°F
Avg Temperature
275 sunny days/yr
119
Violent Crime/100K
785 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$140,051 median income, 3.4% unemployment
A
Affordability
4.1 / 5.0
$640,300 home value, $2,052/mo rent
F
Safety
1.0 / 5.0
119 violent crimes/100K
A
Education
4.0 / 5.0
38.0% bachelor's degree or higher
Housing Overview
Median Home Value
$640,300
127% above
US avg: $281,900
Median Rent
$2,052/mo
76% above
US avg: $1,163/mo
Homeownership Rate
83.0%
27% above US avg (65.4%)
Total Housing Units
10,012
Median year built: 1953
Home Value by Source
Census Median
$640,300
Zillow (ZHVI)
$789,293
Median Sale Price
$745,000
Median List Price
$799,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
83.0%
Owner-Occupied
17.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,215/mo
1 Bedroom
$1,315/mo
2 Bedroom
$1,579/mo
3 Bedroom
$1,976/mo
4 Bedroom
$2,193/mo
Census median rent:
$2,052/mo
Market Indicators (Redfin)
Median Days on Market
35 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
12
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$566
Active Inventory
28
homes for sale
Affordability & Housing Stock
Rent Burden
27.6%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1953
Average age of housing stock: 73 years
Homeownership Rate
83.0%
Complete Housing Data
Home Values
| Census Median Value | $640,300 |
| Zillow Home Value (ZHVI) | $789,293 |
| Median Sale Price | $745,000 |
| Median List Price | $799,000 |
| Price Per Sq Ft | $566 |
Rent
| Census Median Rent | $2,052 |
| FMR Studio | $1,215 |
| FMR 1-Bedroom | $1,315 |
| FMR 2-Bedroom | $1,579 |
| FMR 3-Bedroom | $1,976 |
| FMR 4-Bedroom | $2,193 |
Market
| Days on Market | 35 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 25.0% |
| Homes Sold | 12 |
| Active Inventory | 28 |
| Price Per Sq Ft | $566 |
Ownership & Stock
| Owner-Occupied | 83.0% |
| Renter-Occupied | 17.0% |
| Homeownership Rate | 83.0% |
| Total Housing Units | 10,012 |
| Median Year Built | 1953 |
| Rent Burden | 27.6% |
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