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Franklin, New York Demographics & Population 2026

During the 2020–2024 ACS period, Franklin, New York had a total population of 424, the 1101st largest village in New York, with a median household income of $81,912, which is 5% lower than the state average. The poverty rate is 10.8%.

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

Key Takeaways

Franklin Quick Facts

Population 424
Median Household Income $81,912
Median Home Value $202,300
Poverty Rate 10.8%
Unemployment Rate 7.8%
Median Age 40.5 years
Homeownership Rate 56.4%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 36.4%
High School Graduation Rate 94.6%
Diversity Index 30/100
Population 424 1101st of 1,289
Median Income $81,912 average
Poverty Rate 10.8% 13% lower than national
Median Home Value $202,300 average

How Franklin 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
Population413424+2.7%
Median household income$80,000$81,912+2.4%
Median home value$187,100$202,300+8.1%

How Franklin Compares

Economy & Housing

Household Income Distribution

Under $25K 7.8%
$25K-$50K 15.2%
$50K-$100K 37.8%
$100K+ 39.2%
Detailed income brackets
Under $10K
0.5%
$10K-$15K
7.3%
$15K-$20K
0.0%
$20K-$25K
0.0%
$25K-$30K
0.0%
$30K-$35K
8.3%
$35K-$40K
2.5%
$40K-$45K
4.4%
$45K-$50K
0.0%
$50K-$60K
1.5%
$60K-$75K
16.2%
$75K-$100K
20.1%
$100K-$125K
6.4%
$125K-$150K
8.3%
$150K-$200K
12.3%
$200K+
12.3%

Employment

7.8% Unemployment Rate State: 6.4%|National: 5.2%
75.6% Labor Force Participation

Housing Overview

Owner 56.4%
Renter 43.6%
Affordability Index Very Affordable
2.5x home value to income ratio
Median gross rent $763/mo 11.2% of median household income annually

People & Demographics

Diversity Index

30out of 100
Low Diversity

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

State average: 65 | National average: 61

Education

Franklin Rankings in New York

#1101 Population of 1,289
#633 Median Income of 1,219
#590 Education of 1,288
#722 Home Value of 1,232

Other Cities in Delaware County

CityPopulationMedian IncomePovertyHome Value
Sidney 3,931 $50,208 21.0% $120,700
Delhi 3,136 $57,586 17.4% $195,700
Walton 2,423 $34,676 30.3% $119,400
Stamford 1,053 $43,716 23.1% $178,600
Hancock 745 $51,765 16.6% $150,000
Margaretville 617 $39,201 24.4% $209,900
Davenport Center 414 $125,517 3.6% $174,200
Hobart 409 $85,208 11.0% $160,500
Bloomville 289 $87,917 0.0% $187,500
Downsville 163 $58,958 0.0% $140,600

Cities Similar to Franklin

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Pierrepont Manor425$83,324N/A46.3%4.2%
Mannsville417$83,125$175,00022.1%14.7%
Woodbourne439N/A$238,90010.8%38.7%
Jeffersonville425$76,000$227,10026.8%27.9%
Hobart409$85,208$160,50023.2%11.0%

A note before these figures: with a population of 424, Franklin's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Franklin is a small community located in New York, within Delaware County. The total population is 424. It ranks as the 1101st most populous out of 1,289 Census-designated places in New York.

Age Demographics

The median age in Franklin is 40.5 years. This is 2% higher than the state median of 39.8 years.

Economy, Income & Housing

The median household income in Franklin is $81,912. This is 5% lower than the state median of $85,974. It is also 1% higher than the national median of $80,734. The poverty rate stands at 10.8%. This is 23% lower than the state poverty rate of 14.0%. The unemployment rate is 7.8%. This is 22% higher than the state rate of 6.4%. The median home value is $202,300. Housing costs are 52% lower than the state median of $423,800. With a home-value-to-income ratio of just 2.5x, Franklin is one of the most affordable housing markets in the area. 56.4% of occupied housing units are owner-occupied. This homeownership rate is 4% higher than the state average of 54.4%.

Race & Ethnicity

The largest racial or ethnic group in Franklin is White (non-Hispanic), making up 83.0% of the population. Hispanic or Latino residents account for 9.4%. The White (non-Hispanic) population is significantly higher than the state average (83.0% vs 52.8%). The Hispanic or Latino population (9.4%) is well below the state average of 19.8%. The Asian population (1.9%) is well below the state average of 9.0%.

Education

36.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 9% 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 94.6%. Notably, 22.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Franklin, 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, New York?

Franklin, New York has a population of 424 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Franklin, NY?

The median household income in Franklin is $81,912, which is 1% higher than the national median of $80,734.

What is the poverty rate in Franklin, NY?

The poverty rate in Franklin is 10.8%. This means approximately 46 residents live below the federal poverty line.

What is the racial makeup of Franklin, New York?

Franklin's population is 83.0% White, 0.0% Black, 9.4% Hispanic/Latino, and 1.9% Asian.

What is the median home value in Franklin, NY?

The median home value in Franklin is $202,300. The home-value-to-income ratio is 2.5x.

How educated is Franklin, New York?

36.4% of adults (25+) in Franklin hold a bachelor's degree or higher, and 22.7% hold a graduate or professional degree.