Franklin village, New York Demographics & Population 2026

Population Overview

Franklin village is a small community located in New York. The total population is 413. It ranks as the 1101st most populous out of 1,287 cities and towns in New York.

Age Demographics

The median age in Franklin village is 43.7 years. This is 10% higher than the state median of 39.6 years.

Economy, Income & Housing

The median household income in Franklin village is $80,000. This is 5% lower than the state median of $84,578. Compared to the national median of $78,538, household income here is 2% higher. The poverty rate stands at 11.4%. This is 17% lower than the state poverty rate of 13.7%. The unemployment rate is 8.3%. This is 34% higher than the state rate of 6.2%. The median home value is $187,100. Housing costs are 54% lower than the state median of $403,000. With a home-value-to-income ratio of just 2.3x, Franklin village is one of the most affordable housing markets in the area. 62.0% of occupied housing units are owner-occupied. This homeownership rate is 14% higher than the state average of 54.3%.

Race & Ethnicity

The largest racial or ethnic group in Franklin village is White (non-Hispanic), making up 83.5% of the population. Hispanic or Latino residents account for 9.0%. The White (non-Hispanic) population is significantly higher than the state average (83.5% vs 53.4%). The Hispanic or Latino population (9.0%) is well below the state average of 19.6%. The Asian population (0.7%) is well below the state average of 8.8%.

Education

36.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 7% lower than the state rate of 39.6%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.0%. Notably, 21.1% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Franklin village, New York 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 New York state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,287 Census-designated places in New York. For official data, visit data.census.gov.