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Franklin Square, New York Demographics & Population 2026

During the 2020–2024 ACS period, Franklin Square, New York had a total population of 30,897, the 45th largest community in New York, with a median household income of $143,263, which is 67% higher than the state average. The poverty rate is 5.6%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Franklin Square Quick Facts

Population 30,897
Median Household Income $143,263
Median Home Value $657,000
Poverty Rate 5.6%
Unemployment Rate 5.6%
Median Age 40.0 years
Homeownership Rate 83.2%
Affordability Ratio 4.6x
Bachelor's Degree or Higher 38.4%
High School Graduation Rate 92.0%
Diversity Index 64/100
Population 30,897 45th of 1,289
Median Income $143,263 top 20%
Poverty Rate 5.6% 55% lower than national
Median Home Value $657,000 top 20%

How Franklin Square Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population30,55930,897+1.1%
Median household income$140,051$143,263+2.3%
Median home value$640,300$657,000+2.6%

How Franklin Square Compares

Economy & Housing

Household Income Distribution

Under $25K 5.8%
$25K-$50K 9.6%
$50K-$100K 19.1%
$100K+ 65.4%
Detailed income brackets
Under $10K
1.7%
$10K-$15K
1.2%
$15K-$20K
2.1%
$20K-$25K
0.8%
$25K-$30K
0.7%
$30K-$35K
2.9%
$35K-$40K
0.3%
$40K-$45K
2.2%
$45K-$50K
3.5%
$50K-$60K
3.2%
$60K-$75K
6.3%
$75K-$100K
9.6%
$100K-$125K
10.8%
$125K-$150K
9.2%
$150K-$200K
15.8%
$200K+
29.5%

Employment

5.6% Unemployment Rate State: 6.4%|National: 5.2%
67.6% Labor Force Participation

Housing Overview

Owner 83.2%
Renter 16.8%
Affordability Index Moderate
4.6x home value to income ratio
Median gross rent $2,102/mo 17.6% of median household income annually

People & Demographics

Diversity Index

64out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 65 | National average: 61

Education

Franklin Square Rankings in New York

#45 Population of 1,289
#211 Median Income of 1,219
#547 Education of 1,288
#215 Home Value of 1,232

Other Cities in Nassau County

CityPopulationMedian IncomePovertyHome Value
Hempstead 58,801 $90,420 14.4% $459,500
Levittown 51,904 $146,068 4.7% $590,500
Freeport 44,088 $120,625 7.4% $505,900
Hicksville 43,780 $144,471 3.9% $634,100
Valley Stream 40,315 $133,190 5.5% $616,100
East Meadow 36,821 $133,971 6.4% $631,800
Elmont 36,518 $114,217 5.0% $602,900
Baldwin 34,994 $145,472 6.6% $593,800
Long Beach 34,756 $140,739 7.6% $696,400
Uniondale 33,148 $124,684 9.2% $539,000

Cities Similar to Franklin Square

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Oceanside31,639$149,560$634,30048.7%2.9%
Centereach31,839$132,240$514,80035.5%5.3%
Huntington Station32,601$135,477$578,00038.0%7.2%
Harrison29,961$164,250$1,010,70060.4%4.1%
Deer Park27,990$137,105$543,50038.4%3.4%

Population Overview

Franklin Square is a mid-sized community located in New York, within Nassau County. The total population is 30,897. It ranks as the 45th most populous out of 1,289 Census-designated places in New York.

Age Demographics

The median age in Franklin Square is 40.0 years. This is about the same as the state median of 39.8 years.

Economy, Income & Housing

The median household income in Franklin Square is $143,263. This is 67% higher than the state median of $85,974. It is also 77% higher than the national median of $80,734. The poverty rate stands at 5.6%. This is 60% lower than the state poverty rate of 14.0%. The unemployment rate is 5.6%. This is 12% lower than the state rate of 6.4%. The median home value is $657,000. Housing costs are 55% higher than the state median of $423,800. The home-value-to-income ratio is 4.6x. 83.2% of occupied housing units are owner-occupied. This homeownership rate is 53% higher than the state average of 54.4%.

Race & Ethnicity

The largest racial or ethnic group in Franklin Square is White (non-Hispanic), making up 53.8% of the population. Hispanic or Latino residents account for 21.3%. The Black or African American population (5.2%) is well below the state average of 13.4%. The Asian population is significantly higher than the state average (16.5% vs 9.0%).

Education

38.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 4% lower than the state rate of 40.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.0%. Notably, 17.5% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Franklin Square, New York 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 New York state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,289 Census-designated places in New York. 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 Franklin Square, New York?

Franklin Square, New York has a population of 30,897 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Franklin Square, NY?

The median household income in Franklin Square is $143,263, which is 77% higher than the national median of $80,734.

What is the poverty rate in Franklin Square, NY?

The poverty rate in Franklin Square is 5.6%. This means approximately 1,710 residents live below the federal poverty line.

What is the racial makeup of Franklin Square, New York?

Franklin Square's population is 53.8% White, 5.2% Black, 21.3% Hispanic/Latino, and 16.5% Asian.

What is the median home value in Franklin Square, NY?

The median home value in Franklin Square is $657,000. The home-value-to-income ratio is 4.6x.

How educated is Franklin Square, New York?

38.4% of adults (25+) in Franklin Square hold a bachelor's degree or higher, and 17.5% hold a graduate or professional degree.