New Franklin, Ohio Demographics & Population 2026
During the 2020–2024 ACS period, New Franklin, Ohio had a total population of 13,843, the 128th largest city in Ohio, with a median household income of $90,244, which is 26% higher than the state average. The poverty rate is 6.1%.
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 2.4x.
New Franklin Quick Facts
How New Franklin 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 | 13,830 | 13,843 | +0.1% |
| Median household income | $88,306 | $90,244 | +2.2% |
| Median home value | $196,600 | $214,300 | +9.0% |
How New Franklin 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
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
New Franklin Rankings in Ohio
Explore Ohio Rankings
Other Cities in Summit County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Akron | 189,247 | $48,076 | 23.3% | $122,000 |
| Cuyahoga Falls | 50,909 | $72,705 | 10.5% | $183,300 |
| Stow | 34,240 | $93,727 | 5.2% | $248,000 |
| Green | 27,393 | $95,047 | 7.1% | $280,200 |
| Barberton | 24,844 | $52,267 | 15.6% | $135,200 |
| Hudson | 23,039 | $171,427 | 3.7% | $466,500 |
| Twinsburg | 19,410 | $99,144 | 4.2% | $318,800 |
| Tallmadge | 18,335 | $89,410 | 5.0% | $232,500 |
| Macedonia | 12,152 | $101,285 | 4.1% | $308,500 |
| Norton | 11,524 | $90,464 | 6.1% | $200,800 |
Cities Similar to New Franklin
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Lyndhurst | 13,801 | $91,238 | $212,200 | 58.9% | 4.7% |
| Clayton | 13,277 | $92,879 | $208,200 | 35.8% | 7.0% |
| Maumee | 13,715 | $80,833 | $194,500 | 38.3% | 4.9% |
| University Heights | 13,394 | $96,971 | $242,700 | 67.5% | 11.1% |
| Loveland | 13,197 | $94,323 | $321,300 | 50.2% | 7.8% |
Population Overview
New Franklin is a small city located in Ohio, within Summit County. The total population is 13,843. It ranks as the 128th most populous out of 1,264 Census-designated places in Ohio.
Age Demographics
The median age in New Franklin is 47.9 years. This is 21% higher than the state median of 39.7 years.
Economy, Income & Housing
The median household income in New Franklin is $90,244. This is 26% higher than the state median of $71,389. It is also 12% higher than the national median of $80,734. The poverty rate stands at 6.1%. This is 54% lower than the state poverty rate of 13.3%. The unemployment rate is 4.0%. This is 16% lower than the state rate of 4.8%. The median home value is $214,300. Housing costs are about the same as the state median of $214,800. With a home-value-to-income ratio of just 2.4x, New Franklin is one of the most affordable housing markets in the area. 88.3% of occupied housing units are owner-occupied. This homeownership rate is 31% higher than the state average of 67.2%.
Race & Ethnicity
New Franklin has a predominantly White (non-Hispanic) population, comprising 93.6% of all residents. Hispanic or Latino residents account for 1.1%. The Black or African American population (0.5%) is well below the state average of 12.0%. The Hispanic or Latino population (1.1%) is well below the state average of 4.8%. The Asian population (0.3%) is well below the state average of 2.5%.
Education
24.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 22% lower than the state rate of 31.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.5%.
Data Sources & Methodology
All demographic data for New Franklin, Ohio 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 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. 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 New Franklin, Ohio?
New Franklin, Ohio has a population of 13,843 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in New Franklin, OH?
The median household income in New Franklin is $90,244, which is 12% higher than the national median of $80,734.
What is the poverty rate in New Franklin, OH?
The poverty rate in New Franklin is 6.1%. This means approximately 837 residents live below the federal poverty line.
What is the racial makeup of New Franklin, Ohio?
New Franklin's population is 93.6% White, 0.5% Black, 1.1% Hispanic/Latino, and 0.3% Asian.
What is the median home value in New Franklin, OH?
The median home value in New Franklin is $214,300. The home-value-to-income ratio is 2.4x.
How educated is New Franklin, Ohio?
24.7% of adults (25+) in New Franklin hold a bachelor's degree or higher, and 9.0% hold a graduate or professional degree.