Pros and Cons of Living In Franklin Farm, Virginia. Is Franklin Farm, VA a Nice Place To Live or Retire?

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Franklin Farm, Virginia

Moving to Franklin Farm In Virginia ? Is Franklin Farm, VA a Nice Place To Live? Pros and Cons of Living in Franklin Farm, Virginia. Find out the best and worst about to live, raise a family or retire in Franklin Farm.

DEMOGRAPHICS

Population
18845
Unemployment
1.8%
62% NAT AVG.
Poverty
2.9%
79% NAT AVG.
Cost Of Living
167
67% NAT AVG.

ECONOMICS

Median Home Cost
$646100
181% NAT AVG.
Median Income
$187173
177% NAT AVG.
Median Rent
$2452
111% NAT AVG.
Overall Score
7.5

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 34
Unemployed People
1 in 56
People Earning < $10,000
1 in 53
People Earning < $50,000
7.2%
People With Any Degree
1 in 1.2

ETHNICITY

Ethnicity Franklin Farm USA
White 64% 60.1%
African American 2.9% 12.2%
American Indian 0.5% 0.6%
Asian 20.9% 5.6%
Hawaiian 0% 0.2%
Multiracial 5.1% 2.8%
Hispanic 6.2% 18.2%
Other 0.4% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Franklin Farm USA
Less than $10,000 1.9% 5.8%
$10,000 to $14,999 0.3% 4.1%
$15,000 to $24,999 0.8% 8.5%
$25,000 to $34,999 1.3% 8.6%
$35,000 to $49,999 2.9% 12.0%
$50,000 to $74,999 3.6% 17.2%
$75,000 to $99,999 7.2% 12.8%
$100,000 to $149,999 16.9% 15.6%
$150,000 to $199,999 18.7% 7.1%

EDUCATION

Education Franklin Farm USA
< 9th Grade 1% 5.0%
9-12th Grade 1% 7.0%
High School or GED 9% 27.0%
Other College 8% 20.0%
Associate's Degree 4% 9%
Bachelor's Degree 36% 20.0%
Master's Degree 33% 9.0%
Professional Degree 4% 2.0%
Doctorate Degree 4% 1.0%
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. The unemployment rate of Franklin Farm remained 1.8%, which is 62% lower than national rate.

Cost of living in Franklin Farm is 167, which is 67% higher than national average. In Franklin Farm, only 77% of adults have a bachelor's degree and 12% have some college but no degree. 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.
Franklin Farm Scorecard

Jobs95%

Housing100%

Affordability80%

Safety90%

Amenities90%

Diversity90%

Education100%

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