Is Franconia, Virginia a Good Place To Live? - Living In Franconia, VA

Is Franconia, Virginia a good place to live?
Franconia is a city in Virginia state in USA with a population of 19478 residents.. The poverty rate of Franconia is 3.2%, which is 77% lower than national average. The typical household in Franconia earns $120946 a year, compared to the national median of $67,500. Nearly 10.4% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Franconia, only 92% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Franconia remained 3.7%, which is 21% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Franconia, only 58% of adults have a bachelor's degree and 21% have some college but no degree.

Cost of living in Franconia is 142, which is 42% higher than national average. Median home value in Franconia is $423100 , which is 84% higher than national average. While median income in Franconia remained $120946, which is 79% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
19478
Unemployment
3.7%
21% NAT AVG.
Poverty
3.2%
77% NAT AVG.
Overall Score
7
Median Home Cost
$423100
84% NAT AVG.
Median Income
$120946
79% NAT AVG.
Median Rent
$1998
72% NAT AVG.
Cost Of Living
142
42% NAT AVG.
People Living BPL
1 in 31
Unemployed People
1 in 27
People Earning < $10,000
1 in 91
People Earning < $50,000
10.4%
People with <= High School
1 in 4.8
People With Any Degree
1 in 1.5
Pros & Cons Overview

Jobs85%

Housing95%

Affordability60%

Safety90%

Amenities90%

Diversity100%

Education85%

Commute40%