New Franklin, Missouri Demographics & Population 2026
During the 2020–2024 ACS period, New Franklin, Missouri had a total population of 1,170, the 351st largest city in Missouri, with a median household income of $55,066, which is 22% lower than the state average. The poverty rate is 16.0%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
New Franklin Quick Facts
How New Franklin Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 1,015 | 1,170 | +15.3% |
| Median household income | $53,056 | $55,066 | +3.8% |
| Median home value | $117,700 | $139,500 | +18.5% |
How New Franklin Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 61
Education
Educational Attainment (Adults 25+)
New Franklin Rankings in Missouri
Explore Missouri Rankings
Other Cities in Howard County
Cities Similar to New Franklin
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Blue Summit | 1,156 | $58,813 | $33,500 | 0.0% | 36.5% |
| Wellsville | 1,165 | $61,429 | $84,400 | 14.8% | 14.4% |
| Reeds Spring | 1,112 | $56,364 | $185,400 | 19.0% | 14.1% |
| Belle | 1,246 | $55,192 | $151,000 | 11.5% | 21.8% |
| Goodman | 1,092 | $54,250 | $117,200 | 14.0% | 16.5% |
Population Overview
New Franklin is a small community located in Missouri, within Howard County. The total population is 1,170. It ranks as the 351st most populous out of 1,062 Census-designated places in Missouri.
Age Demographics
The median age in New Franklin is 39.4 years. This is 1% higher than the state median of 39.0 years.
Economy, Income & Housing
The median household income in New Franklin is $55,066. This is 22% lower than the state median of $70,702. It is also 32% lower than the national median of $80,734. The poverty rate stands at 16.0%. This is 27% higher than the state poverty rate of 12.6%. The unemployment rate is 2.5%. This is 37% lower than the state rate of 4.0%. The median home value is $139,500. Housing costs are 39% lower than the state median of $230,300. With a home-value-to-income ratio of just 2.5x, New Franklin is one of the most affordable housing markets in the area. 67.8% of occupied housing units are owner-occupied.
Race & Ethnicity
New Franklin has a predominantly White (non-Hispanic) population, comprising 90.8% of all residents. Black or African American residents account for 3.3%. The Black or African American population (3.3%) is well below the state average of 10.9%. The Hispanic or Latino population (0.4%) is well below the state average of 5.2%.
Education
20.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 37% lower than the state rate of 32.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 85.8%.
Data Sources & Methodology
All demographic data for New Franklin, Missouri is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of New Franklin, Missouri?
New Franklin, Missouri has a population of 1,170 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in New Franklin, MO?
The median household income in New Franklin is $55,066, which is 32% lower than the national median of $80,734.
What is the poverty rate in New Franklin, MO?
The poverty rate in New Franklin is 16.0%. This means approximately 186 residents live below the federal poverty line.
What is the racial makeup of New Franklin, Missouri?
New Franklin's population is 90.8% White, 3.3% Black, 0.4% Hispanic/Latino, and 0.0% Asian.
What is the median home value in New Franklin, MO?
The median home value in New Franklin is $139,500. The home-value-to-income ratio is 2.5x.
How educated is New Franklin, Missouri?
20.3% of adults (25+) in New Franklin hold a bachelor's degree or higher, and 4.4% hold a graduate or professional degree.