Franklin Farm, Virginia

Moving to or Living in Franklin Farm Pros and Cons, Cost of Living, Crime Rate, Demographics

Living In Franklin Farm, Virginia
Moving to Franklin Farm In Virginia ? Find out the best and worst about to live, raise a family or retire in Franklin Farm, the Pros and Cons of Living in Franklin Farm.

Explore the life in Franklin Farm based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.

  1. Overview - Life In Franklin Farm
  2. Pros and Cons of Living In Franklin Farm
  3. Crime In Franklin Farm
  4. Cost of Living In Franklin Farm
  5. Gender In Franklin Farm
  6. Household Income For Franklin Farm
  7. Education In Franklin Farm
  8. Race & Ethnicity In Franklin Farm
About Franklin Farm, Virginia
Is Franklin Farm, Virginia a good place to live?
Franklin Farm is a city in Virginia state in USA with a population of 18845 residents.. The poverty rate of Franklin Farm is 2.9%, which is 79% lower than national average. The typical household in Franklin Farm earns $187173 a year, compared to the national median of $67,500. Nearly 7.2% 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 Farm, only 98% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Franklin Farm remained 1.8%, which is 62% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Franklin Farm, only 77% of adults have a bachelor's degree and 12% have some college but no degree.

Cost of living in Franklin Farm is 167, which is 67% higher than national average. Median home value in Franklin Farm is $646100 , which is 181% higher than national average. While median income in Franklin Farm remained $187173, which is 177% 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
18845
Unemployment
1.8%
62% NAT AVG.
Poverty
2.9%
79% NAT AVG.
Overall Score
7.5
Median Home
$646100
181% NAT AVG.
Median Income
$187173
177% NAT AVG.
Median Rent
$2452
111% NAT AVG.
Cost Of Living
167
67% NAT AVG.
People Living BPL
1 in 34
Unemployed People
1 in 56
People Earning < $10,000
1 in 53
People Earning < $50,000
7.2%
People with <= High School
1 in 9.1
People With Any Degree
1 in 1.2
Pros & Cons Overview

Jobs95%

Housing100%

Affordability80%

Safety90%

Amenities90%

Diversity90%

Education100%

Commute50%


Cost of Living
Expense Franklin Farm Virginia National Avg.
Services 116 99 100
Groceries 112 98 100
Health 88 98 100
Housing 299 131 100
Transportation 117 93 100
Utilities 112 96 100
Cost of Living
Gender
Gender Franklin Farm Virginia Country
Female 48.4% 50.8% 50.8%
Male 51.6% 49.2% 49.2%
Gender

Household Income


Income Franklin Farm Virginia Country
Less than $10,000 1.9% 4.8% 5.8%
$10,000 to $14,999 0.3% 3.3% 4.1%
$15,000 to $24,999 0.8% 7% 8.5%
$25,000 to $34,999 1.3% 7.1% 8.6%
$35,000 to $49,999 2.9% 10.8% 12.0%
$50,000 to $74,999 3.6% 16.3% 17.2%
$75,000 to $99,999 7.2% 12.9% 12.8%
$100,000 to $149,999 16.9% 17.2% 15.6%
$150,000 to $199,999 18.7% 9% 7.1%
$200,000 or more 46.3% 11.6% 8.3%
Education


Education Franklin Farm Virginia Country
< 9th Grade 1% 3% 5.0%
9-12th Grade 1% 6% 7.0%
High School or GED 9% 24% 27.0%
Other College 8% 19% 20.0%
Associate's Degree 4% 8% 9%
Bachelor's Degree 36% 22% 20.0%
Master's Degree 33% 13% 9.0%
Professional Degree 4% 3% 2.0%
Doctorate Degree 4% 2% 1.0%
Household Income
Education
Race / Ethnicity


Ethnicity Franklin Farm Virginia Country
White 64% 61.2% 60.1%
African American 2.9% 18.7% 12.2%
American Indian 0.5% 0.2% 0.6%
Asian 20.9% 6.6% 5.6%
Hawaiian 0% 0.1% 0.2%
Other 0.4% 0.3% 0.3%
Multiracial 5.1% 3.4% 2.8%
Hispanic 6.2% 9.5% 18.2%
Race / Ethnicity