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Franklinville village, New York Demographics & Population 2026

Very AffordableHome value to income ratio of 1.3x is exceptionally low

As of 2026, Franklinville village, New York has a total population of 2,063, the 615th largest city in New York, with a median household income of $68,580, which is 19% lower than the state average. The poverty rate is 15.7%.

Key Takeaways

Franklinville village Quick Facts

Population 2,063
Median Household Income $68,580
Median Home Value $91,600
Poverty Rate 15.7%
Unemployment Rate 9.0%
Median Age 35.6 years
Homeownership Rate 77.9%
Affordability Ratio 1.3x
Bachelor's Degree or Higher 15.0%
High School Graduation Rate 88.7%
Diversity Index 38/100
Population 2,063 615th of 1,287
Median Income $68,580 below average
Poverty Rate 15.7% 26% higher national
Median Home Value $91,600 bottom 10%

How Franklinville village Compares

Economy & Housing

Employment

9.0% Unemployment Rate State: 6.2% | National: 5.2%
62.6% Labor Force Participation

Housing Overview

Owner 77.9%
Renter 22.1%
Affordability Index Very Affordable
1.3x home value to income ratio

People & Demographics

Diversity Index

38out of 100
Low Diversity

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

State average: 65 | National average: 60

Education

Franklinville village Rankings in New York

#615 Population of 1,287
#801 Median Income of 1,287
#1162 Education of 1,287
#1153 Home Value of 1,287

Cities Similar to Franklinville village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Waterford village2,053$68,203$166,70027.2%11.3%
Hamilton College CDP1,992N/AN/A81.8%0.0%
Cooperstown village2,113$70,179$376,20061.0%9.3%
Mexico village2,050$72,772$154,80022.4%9.3%
Central Square village2,136$67,232$191,00026.9%16.7%

Population Overview

Franklinville village is a small community located in New York. The total population is 2,063. It ranks as the 615th most populous out of 1,287 cities and towns in New York.

Age Demographics

The median age in Franklinville village is 35.6 years. This is 10% lower than the state median of 39.6 years. With 29.2% of the population under 18, Franklinville village has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Franklinville village is $68,580. This is 19% lower than the state median of $84,578. Compared to the national median of $78,538, household income here is 13% lower. The poverty rate stands at 15.7%. This is 15% higher than the state poverty rate of 13.7%. The unemployment rate is 9.0%. This is 46% higher than the state rate of 6.2%. The median home value is $91,600. Housing costs are 77% lower than the state median of $403,000. With a home-value-to-income ratio of just 1.3x, Franklinville village is one of the most affordable housing markets in the area. 77.9% of occupied housing units are owner-occupied. This homeownership rate is 43% higher than the state average of 54.3%.

Race & Ethnicity

The largest racial or ethnic group in Franklinville village is White (non-Hispanic), making up 75.9% of the population. Hispanic or Latino residents account for 9.6%. The Black or African American population (0.3%) is well below the state average of 13.6%. The Hispanic or Latino population (9.6%) is well below the state average of 19.6%.

Education

15.0% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 62% 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 88.7%.

Data Sources & Methodology

All demographic data for Franklinville 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.

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Frequently Asked Questions

What is the population of Franklinville village, New York?

Franklinville village, New York has a population of 2,063 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Franklinville village, NY?

The median household income in Franklinville village is $68,580, which is 13% lower the national median of $78,538.

What is the poverty rate in Franklinville village, NY?

The poverty rate in Franklinville village is 15.7%. This means approximately 324 residents live below the federal poverty line.

What is the racial makeup of Franklinville village, New York?

Franklinville village's population is 75.9% White, 0.3% Black, 9.6% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Franklinville village, NY?

The median home value in Franklinville village is $91,600. The home-value-to-income ratio is 1.3x.

How educated is Franklinville village, New York?

15.0% of adults (25+) in Franklinville village hold a bachelor's degree or higher, and 6.8% hold a graduate or professional degree.