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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
83%
17%
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 Market35
Sale-to-List Ratio1.0%
Price Drops25.0%
Homes Sold12
Active Inventory28
Price Per Sq Ft$566

Ownership & Stock

Owner-Occupied83.0%
Renter-Occupied17.0%
Homeownership Rate83.0%
Total Housing Units10,012
Median Year Built1953
Rent Burden27.6%