Franklinville, New York Demographics & Population 2026
During the 2020–2024 ACS period, Franklinville, New York had a total population of 1,938, the 641st largest village in New York, with a median household income of $72,115, which is 16% lower than the state average. The poverty rate is 15.2%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 1.3x.
Franklinville Quick Facts
How Franklinville 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 | 2,063 | 1,938 | -6.1% |
| Median household income | $68,580 | $72,115 | +5.2% |
| Median home value | $91,600 | $97,100 | +6.0% |
How Franklinville 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
Moderate diversity with one or two groups making up the majority.
State average: 65 | National average: 61
Education
Educational Attainment (Adults 25+)
Franklinville Rankings in New York
Explore New York Rankings
Other Cities in Cattaraugus County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Olean | 13,738 | $51,261 | 26.7% | $86,100 |
| Salamanca | 5,846 | $41,667 | 24.4% | $80,900 |
| St. Bonaventure | 1,976 | N/A | 19.3% | $125,300 |
| Allegany | 1,740 | $70,625 | 16.6% | $164,100 |
| Weston Mills | 1,431 | $79,712 | 7.8% | $155,300 |
| Delevan | 1,275 | $64,194 | 16.7% | $116,300 |
| Little Valley | 1,243 | $44,655 | 28.2% | $101,200 |
| Yorkshire | 1,138 | N/A | 33.1% | N/A |
| Cattaraugus | 1,034 | $60,341 | 14.3% | $71,200 |
| Randolph | 953 | $75,571 | 10.2% | $94,300 |
Cities Similar to Franklinville
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Weedsport | 1,954 | $70,865 | $166,800 | 27.4% | 16.6% |
| St. Bonaventure | 1,976 | N/A | $125,300 | 30.4% | 19.3% |
| West End | 1,891 | $71,563 | $151,100 | 45.6% | 20.9% |
| Marcellus | 1,894 | $69,407 | $225,600 | 46.0% | 8.7% |
| Peru | 1,965 | $66,812 | $216,600 | 33.7% | 13.0% |
Population Overview
Franklinville is a small community located in New York, within Cattaraugus County. The total population is 1,938. It ranks as the 641st most populous out of 1,289 Census-designated places in New York.
Age Demographics
The median age in Franklinville is 34.9 years. This is 12% lower than the state median of 39.8 years. With 30.7% of the population under 18, Franklinville has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Franklinville is $72,115. This is 16% lower than the state median of $85,974. It is also 11% lower than the national median of $80,734. The poverty rate stands at 15.2%. This is 8% higher than the state poverty rate of 14.0%. The unemployment rate is 5.1%. This is 20% lower than the state rate of 6.4%. The median home value is $97,100. Housing costs are 77% lower than the state median of $423,800. With a home-value-to-income ratio of just 1.3x, Franklinville is one of the most affordable housing markets in the area. 80.3% of occupied housing units are owner-occupied. This homeownership rate is 48% higher than the state average of 54.4%.
Race & Ethnicity
The largest racial or ethnic group in Franklinville is White (non-Hispanic), making up 72.7% of the population. Hispanic or Latino residents account for 8.8%. The Black or African American population (0.6%) is well below the state average of 13.4%. The Hispanic or Latino population (8.8%) is well below the state average of 19.8%.
Education
16.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 60% 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 89.0%.
Data Sources & Methodology
All demographic data for Franklinville, 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 Franklinville, New York?
Franklinville, New York has a population of 1,938 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Franklinville, NY?
The median household income in Franklinville is $72,115, which is 11% lower than the national median of $80,734.
What is the poverty rate in Franklinville, NY?
The poverty rate in Franklinville is 15.2%. This means approximately 294 residents live below the federal poverty line.
What is the racial makeup of Franklinville, New York?
Franklinville's population is 72.7% White, 0.6% Black, 8.8% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Franklinville, NY?
The median home value in Franklinville is $97,100. The home-value-to-income ratio is 1.3x.
How educated is Franklinville, New York?
16.0% of adults (25+) in Franklinville hold a bachelor's degree or higher, and 7.4% hold a graduate or professional degree.