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New Franklin city, Missouri Demographics & Population 2026

Very AffordableHome value to income ratio of 2.2x is exceptionally low

As of 2026, New Franklin city, Missouri has a total population of 1,015, the 374th largest city in Missouri, with a median household income of $53,056, which is 23% lower than the state average. The poverty rate is 18.5%.

Key Takeaways

New Franklin city Quick Facts

Population 1,015
Median Household Income $53,056
Median Home Value $117,700
Poverty Rate 18.5%
Unemployment Rate 4.5%
Median Age 41.2 years
Homeownership Rate 62.2%
Affordability Ratio 2.2x
Bachelor's Degree or Higher 22.4%
High School Graduation Rate 83.0%
Diversity Index 18/100
Population 1,015 374th of 1,062
Median Income $53,056 average
Poverty Rate 18.5% 49% higher national
Median Home Value $117,700 average

How New Franklin city Compares

Economy & Housing

Employment

4.5% Unemployment Rate State: 4.1% | National: 5.2%
56.1% Labor Force Participation

Housing Overview

Owner 62.2%
Renter 37.8%
Affordability Index Very Affordable
2.2x home value to income ratio

People & Demographics

Diversity Index

18out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 39 | National average: 60

Education

New Franklin city Rankings in Missouri

#374 Population of 1,062
#477 Median Income of 1,062
#291 Education of 1,062
#456 Home Value of 1,062

Cities Similar to New Franklin city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Drexel city1,039$51,910$128,60013.9%6.1%
Reeds Spring city992$54,565$175,70016.4%11.5%
Country Club Hills city1,017$48,132$49,40010.4%6.5%
Exeter city997$48,214$106,3009.3%16.4%
Highlandville city1,049$58,438$180,40022.4%13.4%

Population Overview

New Franklin city is a small community located in Missouri. The total population is 1,015. It ranks as the 374th most populous out of 1,062 cities and towns in Missouri.

Age Demographics

The median age in New Franklin city is 41.2 years. This is 6% higher than the state median of 38.9 years. 11.1% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in New Franklin city is $53,056. This is 23% lower than the state median of $68,920. Compared to the national median of $78,538, household income here is 32% lower. The poverty rate stands at 18.5%. This is 47% higher than the state poverty rate of 12.6%. The unemployment rate is 4.5%. This is 10% higher than the state rate of 4.1%. The median home value is $117,700. Housing costs are 45% lower than the state median of $215,600. With a home-value-to-income ratio of just 2.2x, New Franklin city is one of the most affordable housing markets in the area. 62.2% of occupied housing units are owner-occupied. This homeownership rate is 8% lower than the state average of 67.9%.

Race & Ethnicity

New Franklin city has a predominantly White (non-Hispanic) population, comprising 90.4% of all residents. Black or African American residents account for 4.2%. The Black or African American population (4.2%) is well below the state average of 11.0%. The Hispanic or Latino population (0.4%) is well below the state average of 5.1%.

Education

22.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 30% lower than the state rate of 31.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 83.0%.

Data Sources & Methodology

All demographic data for New Franklin city, Missouri is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Missouri state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,062 Census-designated places in Missouri. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of New Franklin city, Missouri?

New Franklin city, Missouri has a population of 1,015 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in New Franklin city, MO?

The median household income in New Franklin city is $53,056, which is 32% lower the national median of $78,538.

What is the poverty rate in New Franklin city, MO?

The poverty rate in New Franklin city is 18.5%. This means approximately 187 residents live below the federal poverty line.

What is the racial makeup of New Franklin city, Missouri?

New Franklin city's population is 90.4% White, 4.2% Black, 0.4% Hispanic/Latino, and 0.0% Asian.

What is the median home value in New Franklin city, MO?

The median home value in New Franklin city is $117,700. The home-value-to-income ratio is 2.2x.

How educated is New Franklin city, Missouri?

22.4% of adults (25+) in New Franklin city hold a bachelor's degree or higher, and 9.1% hold a graduate or professional degree.