Cost Of Living
Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
Crime
Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.
Employment
Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Ratings
Based on recent surveys and polls, locals gave high marks in the walkability to local amenities, safety, public transit, friendliness of neighbors and overall sense of community in the area.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Health & Safety
The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.
Located in the state of Ohio, New Franklin is a medium-sized city with a population of 14,489 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (98% White). Given that fact, New Franklin could be considered less diverse than other cities. With an average age of 48 years, New Franklin residents appear to be older compared to the national average. For seniors and retirees, this city presents itself as a compelling choice. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in New Franklin, your commute time will align closely with the national average, spanning a one-way duration of approximately 25 minutes.
Whether you’re relocating to a new town to be closer to family, friends or for a new job, living in New Franklin could be a positive experience compared to other cities in Ohio 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 New Franklin 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, commute, housing and other important metrics.
New Franklin has a livability score of 70/100 and is ranked #426 in Ohio and #6,938 in the USA. There are nine total categories that form the livability score. New Franklin ranks well for crime (A+), cost of living (A+), employment (A-) and housing (A+) There is at least one category that does not have great scores in New Franklin. The following was graded with a less than perfect score: amenities (F).
Crime rates can be the deciding factor for anyone looking to relocate to a new area, as the result is often a greater level of safety and security as well as an improved quality of life. New Franklin gets top scores for their low violent crime rates of 87 crimes per 100,000 residents, which are significantly lower than the national average.
Finding affordable real estate and housing in New Franklin can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Assuming that New Franklin 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 New Franklin. Everything else becomes a lot less important if it turns out that home prices in New Franklin are simply unattainable. Median real estate prices in New Franklin come in at $285,171, which is 21.4% higher than the Ohio average. The home price to income ratio compares the median home prices to the median household income. In New Franklin, the home price to income ratio is 2.5, which is 19.4% lower than the Ohio average.
| Statistic | New Franklin | Ohio | National |
| Average one way commute | 25min | 23min | 26min |
| Workers who drive to work | 86.8% | 83.4% | 76.4% |
| Workers who carpool | 6.3% | 7.8% | 9.3% |
| Workers who take public transit | 0.1% | 1.7% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 1.3% | 2.3% | 2.8% |
| Working from home | 4.6% | 3.7% | 4.6% |
Here are the best places to live in Ohio
Most Dangerous Cities In The US
Check out the 10 safest cities in Ohio
These are the largest cities in Ohio