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Franklin Square, New York

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
30,897
Population
$143,263
Median Income
$657,000
Home Value
40.0
Median Age

Demographics

Franklin Square has a population of 30,897 with a median age of 40.0. Here is the racial and ethnic breakdown of the population:

White
56.2%
Hispanic
21.3%
Asian
16.5%
Black
5.2%
Other
0.8%
Demographic Value
Total Population30,897
Median Age40.0
White56.2%
Black or African American5.2%
Asian16.5%
Hispanic or Latino21.3%
Other / Two or More Races0.8%
Franklin Square, New York — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 56.2%Hispanic/Latino: 21.3%Asian: 16.5%Black: 5.2%Other: 0.8%30,897PopulationWhiteWhite56.2%Hispanic/LatinoHispanic/Latino21.3%AsianAsian16.5%BlackBlack5.2%OtherOther0.8%

Income & Economy

The median household income in Franklin Square is $143,263, which is 77.7% above the national median of $80,610. The per capita income is $51,005. The poverty rate is 5.6%.

$143,263
Median Household Income
$51,005
Per Capita Income
5.6%
Poverty Rate

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Education

In Franklin Square, 92.0% of residents age 25+ have a high school diploma or higher, and 38.4% hold a bachelor's degree or higher (17.5% with a graduate or professional degree).

HS Diploma+
92.0%
Bachelor's+
38.4%
Graduate+
17.5%
Education Level % of Adults (25+)
High School Diploma or Higher92.0%
Bachelor's Degree or Higher38.4%
Graduate or Professional Degree17.5%

Housing

The median home value in Franklin Square is $657,000, above the national median of $303,400. The median monthly rent is $2,102. The homeownership rate is 83.2%.

$657,000
Median Home Value
$2,102/mo
Median Rent
83.2%
Homeownership Rate
Housing Metric Value
Median Home Value$657,000
Median Monthly Rent$2,102
Homeownership Rate83.2%
Vacancy Rate3.2%

Salaries in New York

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Frequently Asked Questions

What is the population of Franklin Square, New York?
The population of Franklin Square, New York is 30,897 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Franklin Square, New York?
The median household income in Franklin Square, New York is $143,263. This is 77.7% above the national median of $80,610.
What is the median home value in Franklin Square, New York?
The median home value in Franklin Square, New York is $657,000. The median monthly rent is $2,102.
What percentage of people in Franklin Square have a college degree?
In Franklin Square, New York, 38.4% of adults age 25 and older hold a bachelor's degree or higher, and 92.0% have a high school diploma or higher.
Is Franklin Square, New York an affordable place to live?
The home price-to-income ratio in Franklin Square, New York is 4.6x (median home value $657,000 vs. median income $143,263), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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