New Franklin, MO
Full City Profile · Missouri
New Franklin, MO
At a Glance
How New Franklin Compares to the U.S. Average
Each bar shows New Franklin's value as a percentage of the national average (100% = U.S. avg)
Is New Franklin a Good Place to Live?
Economy & Jobs
New Franklin residents earn a median household income of $53,056 , which is 29% below the national average of $75,149. Per capita income is $29,344. The unemployment rate stands at 4.5% (25% above the U.S. rate of 3.6%). 12.8% of residents live below the poverty line.
Housing & Cost of Living
The median home value in New Franklin is $117,700 , 58% below the national median of $281,900. Zillow estimates the typical home at $201,493. Median rent is $680/month, with 23.8% of renters spending more than 30% of income on housing. The cost of living index is 90.8 (100 = national average). The median home was built in 1960.
Education
22.4% of adults in New Franklin hold a bachelor's degree or higher (34% below the national average). 83.0% have completed high school. Local schools score 5.5/10 in standardized testing.
Climate & Weather
New Franklin has an average annual temperature of 54°F (12°C). Winters average 28°F in January while summers reach 77°F in July. Annual precipitation totals 41.5 inches.