Pros and Cons of Living In Franklin Square, New York. Is Franklin Square, NY a Nice Place To Live or Retire?

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Franklin Square, New York

Moving to Franklin Square In New York ? Is Franklin Square, NY a Nice Place To Live? Pros and Cons of Living in Franklin Square, New York. Find out the best and worst about to live, raise a family or retire in Franklin Square.

DEMOGRAPHICS

Population
31537
Unemployment
3.6%
23% NAT AVG.
Poverty
4.1%
71% NAT AVG.
Cost Of Living
153
53% NAT AVG.

ECONOMICS

Median Home Cost
$517700
125% NAT AVG.
Median Income
$111749
66% NAT AVG.
Median Rent
$1778
53% NAT AVG.
Overall Score
7

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 24
Unemployed People
1 in 28
People Earning < $10,000
1 in 63
People Earning < $50,000
17.8%
People With Any Degree
1 in 2.3

ETHNICITY

Ethnicity Franklin Square USA
White 62.1% 60.1%
African American 3% 12.2%
American Indian 0.4% 0.6%
Asian 11.5% 5.6%
Hawaiian 0% 0.2%
Multiracial 1.6% 2.8%
Hispanic 20.7% 18.2%
Other 0.7% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Franklin Square USA
Less than $10,000 1.6% 5.8%
$10,000 to $14,999 1.8% 4.1%
$15,000 to $24,999 4.1% 8.5%
$25,000 to $34,999 4.4% 8.6%
$35,000 to $49,999 5.9% 12.0%
$50,000 to $74,999 12.1% 17.2%
$75,000 to $99,999 13.2% 12.8%
$100,000 to $149,999 24.6% 15.6%
$150,000 to $199,999 16.2% 7.1%

EDUCATION

Education Franklin Square USA
< 9th Grade 5% 5.0%
9-12th Grade 5% 7.0%
High School or GED 26% 27.0%
Other College 20% 20.0%
Associate's Degree 8% 9%
Bachelor's Degree 22% 20.0%
Master's Degree 11% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 1% 1.0%
Franklin Square is a city in New York state in USA with a population of 31537 residents.. The poverty rate of Franklin Square is 4.1%, which is 71% lower than national average. The typical household in Franklin Square earns $111749 a year, compared to the national median of $67,500. Nearly 17.8% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Franklin Square remained 3.6%, which is 23% lower than national rate.

Cost of living in Franklin Square is 153, which is 53% higher than national average. In Franklin Square, only 36% of adults have a bachelor's degree and 28% have some college but no degree. Median home value in Franklin Square is $517700 , which is 125% higher than national average. While median income in Franklin Square remained $111749, which is 66% 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.
Franklin Square Scorecard

Jobs85%

Housing95%

Affordability60%

Safety95%

Amenities95%

Diversity90%

Education80%

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