Life in Franklin Farm research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Franklin Farm over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Franklin Farm:
The population in Franklin Farm is 18,903.
The median home value in Franklin Farm is $839,639.
The median income in Franklin Farm is $209,442.
The cost of living in Franklin Farm is 167 which is 1.7x higher than the national average.
The median rent in Franklin Farm is $2,614.
The unemployment rate in Franklin Farm is 2.5%.
The poverty rate in Franklin Farm is 2.1%.
The average high in Franklin Farm is 66.1° and the average low is 45.8°.
Cost of living in Franklin Farm summary. We use data on the cost of living to determine how expensive it is to live in Franklin Farm. Real estate prices drive most of the variance in cost of living around Virginia. Key points include:
The cost of living in Franklin Farm is 167 with 100 being average.
The cost of living in Franklin Farm is 1.7x higher than the national average.
The median home value in Franklin Farm is $839,639.
The median income in Franklin Farm is $209,442.
Living Expense | Franklin Farm | Virginia | National Average | |
---|---|---|---|---|
Overall | 167 | 102 | 100 | |
Services | 111 | 102 | 100 | |
Groceries | 110 | 98 | 100 | |
Health | 86 | 102 | 100 | |
Housing | 298 | 107 | 100 | |
Transportation | 104 | 95 | 100 | |
Utilities | 111 | 102 | 100 |
The average high in Franklin Farm is 66.1° and the average low is 45.8°.
There are 74.7 days of precipitation each year.
Expect an average of 42.0 inches of precipitation each year with 18.9 inches of snow.
Stat | Franklin Farm |
---|---|
Average Annual High | 66.1 |
Average Annual Low | 45.8 |
Annual Precipitation Days | 74.7 |
Average Annual Precipitation | 42.0 |
Average Annual Snowfall | 18.9 |
The current population in Franklin Farm is 18,903. The population has decreased -3.2% from 2010.
Year | Population | % Change |
---|---|---|
2022 | 18,903 | 0.9% |
2021 | 18,727 | -4.4% |
2020 | 19,588 | 1.5% |
2019 | 19,303 | -2.4% |
2018 | 19,776 | -0.9% |
2017 | 19,956 | 0.8% |
2016 | 19,795 | -0.4% |
2015 | 19,869 | 0.3% |
2014 | 19,811 | 1.4% |
2013 | 19,531 | - |
63.8% White with 12,064 White residents.
2.6% African American with 484 African American residents.
0.1% American Indian with 13 American Indian residents.
22.2% Asian with 4,192 Asian residents.
0.1% Hawaiian with 11 Hawaiian residents.
0.4% Other with 68 Other residents.
4.6% Two Or More with 863 Two Or More residents.
6.4% Hispanic with 1,208 Hispanic residents.
Race | Franklin Farm | VA | USA |
---|---|---|---|
White | 63.8% | 60.0% | 58.9% |
African American | 2.6% | 18.6% | 12.1% |
American Indian | 0.1% | 0.1% | 0.6% |
Asian | 22.2% | 6.8% | 5.7% |
Hawaiian | 0.1% | 0.1% | 0.2% |
Other | 0.4% | 0.5% | 0.4% |
Two Or More | 4.6% | 4.0% | 3.5% |
Hispanic | 6.4% | 10.0% | 18.7% |
Franklin Farm is 48.3% female with 9,127 female residents.
Franklin Farm is 51.7% male with 9,775 male residents.
Gender | Franklin Farm | VA | USA |
---|---|---|---|
Female | 48.3% | 50.5% | 50.4% |
Male | 51.7% | 49.5% | 49.6% |
1.0% of adults in Franklin Farm completed < 9th grade.
0.0% of adults in Franklin Farm completed 9-12th grade.
8.0% of adults in Franklin Farm completed high school / ged.
9.0% of adults in Franklin Farm completed some college.
4.0% of adults in Franklin Farm completed associate's degree.
37.0% of adults in Franklin Farm completed bachelor's degree.
33.0% of adults in Franklin Farm completed master's degree.
5.0% of adults in Franklin Farm completed professional degree.
3.0% of adults in Franklin Farm completed doctorate degree.
Education | Franklin Farm | VA | USA |
---|---|---|---|
< 9th Grade | 1.0% | 4.0% | 4.0% |
9-12th Grade | 0.0% | 5.0% | 6.0% |
High School / GED | 8.0% | 24.0% | 26.0% |
Some College | 9.0% | 18.0% | 20.0% |
Associate's Degree | 4.0% | 8.0% | 9.0% |
Bachelor's Degree | 37.0% | 23.0% | 21.0% |
Master's Degree | 33.0% | 13.0% | 10.0% |
Professional Degree | 5.0% | 3.0% | 2.0% |
Doctorate Degree | 3.0% | 2.0% | 2.0% |
1.5% of households in Franklin Farm earn Less than $10,000.
0.2% of households in Franklin Farm earn $10,000 to $14,999.
0.4% of households in Franklin Farm earn $15,000 to $24,999.
1.4% of households in Franklin Farm earn $25,000 to $34,999.
2.8% of households in Franklin Farm earn $35,000 to $49,999.
3.5% of households in Franklin Farm earn $50,000 to $74,999.
4.9% of households in Franklin Farm earn $75,000 to $99,999.
15.5% of households in Franklin Farm earn $100,000 to $149,999.
18.0% of households in Franklin Farm earn $150,000 to $199,999.
51.9% of households in Franklin Farm earn $200,000 or more.
Income | Franklin Farm | VA | USA |
---|---|---|---|
Less than $10,000 | 1.5% | 4.2% | 4.9% |
$10,000 to $14,999 | 0.2% | 3.0% | 3.8% |
$15,000 to $24,999 | 0.4% | 5.8% | 7.0% |
$25,000 to $34,999 | 1.4% | 6.3% | 7.4% |
$35,000 to $49,999 | 2.8% | 9.4% | 10.7% |
$50,000 to $74,999 | 3.5% | 15.0% | 16.1% |
$75,000 to $99,999 | 4.9% | 12.3% | 12.8% |
$100,000 to $149,999 | 15.5% | 18.1% | 17.1% |
$150,000 to $199,999 | 18.0% | 10.4% | 8.8% |
$200,000 or more | 51.9% | 15.6% | 11.4% |