Disclosure: This page contains affiliate links marked with (Ad). If you click through and make a purchase, we may earn a commission at no extra cost to you. Learn more

New Franklin, Missouri

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
1,170
Population
$55,066
Median Income
$139,500
Home Value
39.4
Median Age

Demographics

New Franklin has a population of 1,170 with a median age of 39.4. Here is the racial and ethnic breakdown of the population:

White
91.3%
Other
5.1%
Black
3.2%
Demographic Value
Total Population1,170
Median Age39.4
White91.3%
Black or African American3.2%
Hispanic or Latino0.4%
Other / Two or More Races5.1%
New Franklin, Missouri — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 91.3%Other: 5.1%Black: 3.2%Other: 0.4%1,170PopulationWhiteWhite91.3%OtherOther5.1%BlackBlack3.2%OtherOther0.4%

Income & Economy

The median household income in New Franklin is $55,066, which is 31.7% below the national median of $80,610. The per capita income is $29,760. The poverty rate is 16.0%.

$55,066
Median Household Income
$29,760
Per Capita Income
16.0%
Poverty Rate

Advance Your Career in New Franklin

Tools that help you land a better-paying role — wherever you live. · Sponsored - see disclosure.

MyPerfectResume · (Ad)
Create an ATS-friendly resume in minutes. Trusted by millions of job seekers.
Build My Resume →
FlexJobs · (Ad)
Access 50,000+ vetted remote, hybrid, and flexible job listings. No ads, no scams.
Find Remote & Flexible Jobs →
ExpertRating · (Ad)
300+ online certifications in Project Management, Six Sigma, IT & more.
Get Certified & Earn More →
Mondly by Pearson · (Ad)
Join 140M+ learners. Master any of 41 languages with bite-sized lessons.
Learn a New Language →

Education

In New Franklin, 85.8% of residents age 25+ have a high school diploma or higher, and 20.3% hold a bachelor's degree or higher (4.4% with a graduate or professional degree).

HS Diploma+
85.8%
Bachelor's+
20.3%
Graduate+
4.4%
Education Level % of Adults (25+)
High School Diploma or Higher85.8%
Bachelor's Degree or Higher20.3%
Graduate or Professional Degree4.4%

Housing

The median home value in New Franklin is $139,500, below the national median of $303,400. The median monthly rent is $679. The homeownership rate is 67.8%.

$139,500
Median Home Value
$679/mo
Median Rent
67.8%
Homeownership Rate
Housing Metric Value
Median Home Value$139,500
Median Monthly Rent$679
Homeownership Rate67.8%
Vacancy Rate14.4%

Salaries in Missouri

Explore salary data for popular occupations in Missouri:

See all Missouri salaries →

Other Cities in Missouri

See all Missouri cities →

Frequently Asked Questions

What is the population of New Franklin, Missouri?
The population of New Franklin, Missouri is 1,170 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in New Franklin, Missouri?
The median household income in New Franklin, Missouri is $55,066. This is 31.7% below the national median of $80,610.
What is the median home value in New Franklin, Missouri?
The median home value in New Franklin, Missouri is $139,500. The median monthly rent is $679.
What percentage of people in New Franklin have a college degree?
In New Franklin, Missouri, 20.3% of adults age 25 and older hold a bachelor's degree or higher, and 85.8% have a high school diploma or higher.
Is New Franklin, Missouri an affordable place to live?
The home price-to-income ratio in New Franklin, Missouri is 2.5x (median home value $139,500 vs. median income $55,066), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

🏠 Thinking About Moving to New Franklin?

Find resources to help plan your move, explore homes, and compare insurance rates in Missouri.

Salary Data in Missouri

All Jobs in Missouri Highest Paying Jobs Jobs Over $100K Average Salary

🏘️ Get City & Demographic Insights

Free data-driven updates on cities, salaries & cost of living — no spam, unsubscribe anytime.

Join Americans who use data to make smarter decisions. Privacy Policy

Share this page: X Facebook LinkedIn