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

Is Franklin Farm, Virginia a good place to live?
Franklin Farm is a city in Virginia state in USA with a population of 18845 residents.. The poverty rate of Franklin Farm is 2.9%, which is 79% lower than national average. The typical household in Franklin Farm earns $187173 a year, compared to the national median of $67,500. Nearly 7.2% 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 Franklin Farm, only 98% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Franklin Farm remained 1.8%, which is 62% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Franklin Farm, only 77% of adults have a bachelor's degree and 12% have some college but no degree.

Cost of living in Franklin Farm is 167, which is 67% higher than national average. Median home value in Franklin Farm is $646100 , which is 181% higher than national average. While median income in Franklin Farm remained $187173, which is 177% 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
18845
Unemployment
1.8%
62% NAT AVG.
Poverty
2.9%
79% NAT AVG.
Overall Score
7.5
Median Home Cost
$646100
181% NAT AVG.
Median Income
$187173
177% NAT AVG.
Median Rent
$2452
111% NAT AVG.
Cost Of Living
167
67% NAT AVG.
People Living BPL
1 in 34
Unemployed People
1 in 56
People Earning < $10,000
1 in 53
People Earning < $50,000
7.2%
People with <= High School
1 in 9.1
People With Any Degree
1 in 1.2
Pros & Cons Overview

Jobs95%

Housing100%

Affordability80%

Safety90%

Amenities90%

Diversity90%

Education100%

Commute50%