Franklin Square 84 Exceptional
Franklin Square Livability #42 ranked city in New York#633 ranked city in the USARanks better than 97% of areas

Pros and Cons of Living in Franklin Square

PROS
  • Amenities

    The area boasts an ample array of local amenities, such as restaurants, entertainment options, grocery stores and parks, all conveniently located within walking distance.

  • Commute

    A high commute score suggests convenient, easy access to public transportation, with shorter-than-average work commute times to work.

  • Employment

    This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.

  • Housing

    High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.

  • Health & Safety

    Achieving a high health and safety score relies on factors including great air quality and convenient access to vital health facilities such as hospitals, doctors, clinics and police stations.

CONS
  • Cost Of Living

    The cost of living in this area is notably high, making it a more expensive place to live. You'll find higher expenses for everyday goods and services, housing and groceries.

New Real Estate Listings in Franklin Square Area
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What's it like Living in Franklin Square?

Franklin Square, New York is a medium-sized city with a population of 31,537 inhabitants. Franklin Square has a population density of 10,951 people per square mile. This would be considered well above the national population density level. The majority of Franklin Square residents report their race to be White; this is followed by Asian and Black. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Franklin Square offers up a higher than average one way commute time of 35 minutes.

Whether you’re relocating to a new town to be closer to family, friends or for a new job, living in Franklin Square could be a positive experience compared to other cities in New York if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. Finding the best places to live in Franklin Square and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, cost of living, employment and other important metrics.

Franklin Square, NY receives 84 out of 100 for its livability score; this results in a ranking of #39 in New York and #544 in the USA. This is a terrific score, as Franklin Square ranks well in multiple categories! Another exciting tidbit, is that Franklin Square ranks better than 90% of all US cities! Based on the rankings for each individual category, Franklin Square has been rewarded with high marks for amenities (A+), crime (B), education (B+) and housing (A-). On a more negative note, Franklin Square does not have favorable grades for the following: cost of living (F). If we take a look at the data, we can find out why.

The mantra of real estate, "location, location, location," underscores the importance of where a property is situated, making it a pivotal factor in your quest for a new home. Fortunately, when you're living in Franklin Square, you'll discover an abundance of exceptional local amenities and lots of things to do. Among these are conveniently located grocery stores, charming coffee shops, diverse dining options and plenty of spacious parks. These local amenities contribute significantly to its overall appeal, ensuring that your daily needs are met and offering ample opportunities for leisure and recreation. When considering your next move, the thriving local scene in Franklin Square undoubtedly enhances its desirability, affirming the significance of its prime location.

Unemployment rates can range pretty dramatically from one city to another. Knowing that Franklin Square has an unemployment rate of 2.37% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.

Test scores can be a good way to measure a school's academic performance and the proficiency of its students. They can be an important metric in deciding if the local area schools can provide a solid educational system for children. The schools in Franklin Square have an average test score of 70%, which is well above the US average.

For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Franklin Square apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.

Assuming that Franklin Square meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Franklin Square. Everything else becomes a lot less important if it turns out that home prices in Franklin Square are simply unattainable. The median home price for Franklin Square homes is $517,700, which is 80.8% higher than the New York average. If we take a closer look at the affordability of homes in Franklin Square, we’ll see that the home price to income ratio is 4.6, which is 2.1% lower than the New York average.

Best Places to Live in and Around Franklin Square

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How Do You Rate The Livability In Franklin Square?

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Compare Franklin Square, NY Livability

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      Franklin Square transportation information

      Statistic Franklin Square New York National
      Average one way commute35min33min26min
      Workers who drive to work77.9%53.0%76.4%
      Workers who carpool4.3%6.7%9.3%
      Workers who take public transit11.1%28.0%5.1%
      Workers who bicycle0.1%0.7%0.6%
      Workers who walk1.0%6.3%2.8%
      Working from home4.9%4.0%4.6%
      Source: The Franklin Square, NY data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).