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New Franklin city, Ohio Demographics & Population 2026

Very AffordableHome value to income ratio of 2.2x is exceptionally low

As of 2026, New Franklin city, Ohio has a total population of 13,830, the 130th largest city in Ohio, with a median household income of $88,306, which is 27% higher than the state average. The poverty rate is 6.2%.

Key Takeaways

New Franklin city Quick Facts

Population 13,830
Median Household Income $88,306
Median Home Value $196,600
Poverty Rate 6.2%
Unemployment Rate 4.1%
Median Age 47.5 years
Homeownership Rate 87.1%
Affordability Ratio 2.2x
Bachelor's Degree or Higher 24.0%
High School Graduation Rate 96.6%
Diversity Index 14/100
Population 13,830 130th of 1,264
Median Income $88,306 top 20%
Poverty Rate 6.2% 50% lower national
Median Home Value $196,600 top 30%

How New Franklin city Compares

Economy & Housing

Employment

4.1% Unemployment Rate State: 4.9% | National: 5.2%
66.4% Labor Force Participation

Housing Overview

Owner 87.1%
Renter 12.9%
Affordability Index Very Affordable
2.2x home value to income ratio

People & Demographics

Diversity Index

14out of 100
Very Low Diversity

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

State average: 39 | National average: 60

Education

New Franklin city Rankings in Ohio

#130 Population of 1,264
#238 Median Income of 1,264
#440 Education of 1,264
#318 Home Value of 1,264

Other Cities in Summit County

CityPopulationMedian IncomePovertyHome Value
Akron city 189,526 $48,544 22.9% $111,200
Cuyahoga Falls city 50,864 $70,645 9.8% $174,700
Stow city 34,317 $91,933 6.3% $238,000
Bowling Green city 30,051 $46,719 29.7% $217,300
Green city 27,381 $92,653 6.3% $269,400
Barberton city 24,977 $48,943 16.9% $120,100
Hudson city 23,007 $180,931 3.3% $444,800
Twinsburg city 19,346 $95,097 3.6% $288,700
Tallmadge city 18,394 $91,273 5.2% $226,400
Macedonia city 12,142 $108,059 4.5% $294,500

Cities Similar to New Franklin city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Lyndhurst city13,854$88,701$198,90057.5%3.2%
Trenton city13,304$87,788$209,70016.2%6.1%
Maumee city13,765$81,739$185,60037.2%6.2%
Loveland city13,280$86,793$305,20050.0%8.1%
Clayton city13,269$90,886$189,10036.9%6.0%

Population Overview

New Franklin city is a small city located in Ohio, within Summit County. The total population is 13,830. It ranks as the 130th most populous out of 1,264 cities and towns in Ohio.

Age Demographics

The median age in New Franklin city is 47.5 years. This is 20% higher than the state median of 39.6 years.

Economy, Income & Housing

The median household income in New Franklin city is $88,306. This is 27% higher than the state median of $69,680. Compared to the national median of $78,538, household income here is 12% higher. The poverty rate stands at 6.2%. This is 53% lower than the state poverty rate of 13.2%. The unemployment rate is 4.1%. This is 15% lower than the state rate of 4.9%. The median home value is $196,600. Housing costs are 1% lower than the state median of $199,200. With a home-value-to-income ratio of just 2.2x, New Franklin city is one of the most affordable housing markets in the area. 87.1% of occupied housing units are owner-occupied. This homeownership rate is 30% higher than the state average of 67.0%.

Race & Ethnicity

New Franklin city has a predominantly White (non-Hispanic) population, comprising 92.7% of all residents. Hispanic or Latino residents account for 1.3%. The Black or African American population (0.4%) is well below the state average of 12.1%. The Hispanic or Latino population (1.3%) is well below the state average of 4.6%. The Asian population (0.2%) is well below the state average of 2.4%.

Education

24.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 23% lower than the state rate of 30.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.6%.

Data Sources & Methodology

All demographic data for New Franklin city, Ohio 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 Ohio state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,264 Census-designated places in Ohio. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of New Franklin city, Ohio?

New Franklin city, Ohio has a population of 13,830 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in New Franklin city, OH?

The median household income in New Franklin city is $88,306, which is 12% higher the national median of $78,538.

What is the poverty rate in New Franklin city, OH?

The poverty rate in New Franklin city is 6.2%. This means approximately 857 residents live below the federal poverty line.

What is the racial makeup of New Franklin city, Ohio?

New Franklin city's population is 92.7% White, 0.4% Black, 1.3% Hispanic/Latino, and 0.2% Asian.

What is the median home value in New Franklin city, OH?

The median home value in New Franklin city is $196,600. The home-value-to-income ratio is 2.2x.

How educated is New Franklin city, Ohio?

24.0% of adults (25+) in New Franklin city hold a bachelor's degree or higher, and 9.2% hold a graduate or professional degree.