Cost of Living in Franklin County, NY
Population 46,696 · Census ACS 2020–2024 5-year estimates
The median rent in Franklin County, NY is $843/month, 48% lower than the New York median and 40% lower than the U.S. median. The median home value is $145,400, 56% lower than the national median. Households earn a median of $65,151 a year, 24% lower than the state median.
Affordability
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Franklin County vs. New York vs. U.S.
| Franklin County | New York | U.S. | |
|---|---|---|---|
| Median rent | $843 | $1,621 | $1,413 |
| Median home value | $145,400 | $423,800 | $332,700 |
| Median household income | $65,151 | $85,974 | $80,734 |
| Homeownership rate | 72.5% | 54.3% | 65.2% |
| Bachelor's degree or higher | 23.8% | 40.2% | 35.7% |
| Poverty rate | 18.2% | 14.0% | 12.5% |
| Unemployment rate | 3.9% | 6.4% | 5.2% |
| Work from home | 6.1% | 14.9% | 15.1% |
| Median age | 42.0 | 39.8 | 38.9 |
FAQ
What is the average rent in Franklin County, NY?
The median gross rent in Franklin County, NY is $843 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Franklin County, NY?
Using the common 30% rule, renting a median-priced home takes about $33,720 a year in gross income.
Is Franklin County, NY expensive to live in?
Rent there is 40% lower than the U.S. median, and the median home costs about 2.2 times the median household income.
Other counties in New York
Counties with a similar cost of living
Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
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