Is Franklin Park, Pennsylvania a Good Place To Live? - Living In Franklin Park, PA

Is Franklin Park, Pennsylvania a good place to live?
Franklin Park is a city in Pennsylvania state in USA with a population of 14701 residents.. The poverty rate of Franklin Park is 3.1%, which is 78% lower than national average. The typical household in Franklin Park earns $141045 a year, compared to the national median of $67,500. Nearly 14.8% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Franklin Park, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Franklin Park remained 5%, which is 6% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Franklin Park, only 73% of adults have a bachelor's degree and 16% have some college but no degree.

Cost of living in Franklin Park is 119, which is 19% higher than national average. Median home value in Franklin Park is $368700 , which is 60% higher than national average. While median income in Franklin Park remained $141045, which is 109% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
14701
Unemployment
5%
6% NAT AVG.
Poverty
3.1%
78% NAT AVG.
Overall Score
7
Median Home Cost
$368700
60% NAT AVG.
Median Income
$141045
109% NAT AVG.
Median Rent
$1866
61% NAT AVG.
Cost Of Living
119
19% NAT AVG.
People Living BPL
1 in 32
Unemployed People
1 in 20
People Earning < $10,000
1 in 43
People Earning < $50,000
14.8%
People with <= High School
1 in 9.1
People With Any Degree
1 in 1.2
Pros & Cons Overview

Jobs85%

Housing90%

Affordability85%

Safety80%

Amenities80%

Diversity80%

Education95%

Commute50%