Housing data for Franklin Park, FL
Franklin Park, FL has an estimated 1,688 residents and 508 homes (US Census Bureau, 2020–2024 American Community Survey).
It is an unincorporated community in Broward County.
96.4% of households rent.
The median gross rent is $1,233 a month.
Figures last updated on .
- Residents
- 1,688 (±967)
- Housing units
- 508 (±195)
- Households that rent
- 96.4%
- Median gross rent
- $1,233
- Residents since 2015–2019
- +59.8%
What stands out in Franklin Park
Households that rent: 96.4% (±6.1 points) in Franklin Park, higher than in Broward County (36.4%).
Median household income: $38,333 (±$17,626) in Franklin Park, lower than in Broward County ($77,633).
Households that moved in since 2020: 9.0% (±18.4 points) in Franklin Park, lower than in Broward County (27.5%).
Median gross rent: $1,233 (±$379) in Franklin Park, lower than in Broward County ($1,907).
- Renters and owners in Franklin Park
- Income and affordability in Franklin Park
- Median rent in Franklin Park
Housing in Franklin Park at a glance
- Median rent: $1,233 median gross rent a month
- Rent burden: 74.6% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 96.4% of households rent
- Income and affordability: $38,333 median household income
- Types of homes: 40.6% of homes are in buildings of 5 or more units (Small sample: wide margin of error)
- Bedrooms: 6.1% of homes have 3 or more bedrooms
- Age of homes: 88.4% of homes were built before 1980 (Small sample: wide margin of error)
- Vacancy rate: 8.2% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 89.3% heat with electricity
- Commute and cars: 43.7 minutes average trip to work (Small sample: wide margin of error)
- Growth: +59.8% residents since 2015–2019 (Small sample: wide margin of error)
- How long people stay: 9.0% moved in since 2020 (Small sample: wide margin of error)
- Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)
Franklin Park against Broward County, its state and the nation
| Franklin Park | Broward County | Florida | United States | |
|---|---|---|---|---|
| Residents | 1,688 (±967) | 1,977,129 (exact) | 22,416,077 (exact) | 334,922,499 |
| Housing units | 508 (±195) | 866,019 (±250) | 10,256,470 (±942) | 143,775,355 |
| Households that rent | 96.4% (±6.1 points) | 36.4% (±0.5 points) | 32.4% (±0.2 points) | 34.8% |
| Median gross rent | $1,233 (±$379) | $1,907 (±$16) | $1,669 (±$5) | $1,413 |
| Median household income | $38,333 (±$17,626) | $77,633 (±$979) | $74,568 (±$284) | $80,734 |
| Median home value | — | $414,600 (±$3,256) | $359,000 (±$930) | $332,700 |
| Median real estate taxes (a year) | — | $3,890 (±$43) | $2,730 (±$10) | $3,119 |
| Built before 1980 | 88.4% (±44.0 points) | 50.0% (±0.7 points) | 33.9% (±0.2 points) | 49.7% |
| Average commute | 43.7 minutes (±25.1) | 29.1 minutes (±0.2) | 28.0 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 62.2% (±20.4 points) | 92.1% (±0.3 points) | 91.6% (±0.1 points) | 91.0% |
| Median age of residents | 12.0 years (±37.8) | 41.3 years (±0.1) | 42.6 years (±0.1) | 38.9 years |
Franklin Park covers 0.1 square miles of land, about 12,985 residents per square mile (Census Bureau Gazetteer).
How Franklin Park has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,056 (±496) | 1,688 (±967) | +59.8% | Not a measurable change |
| Housing units | 388 (±117) | 508 (±195) | +30.9% | Not a measurable change |
| Median gross rent | $810 (±$64) | $1,233 (±$379) | +52.2% | No measurable change after inflation |
| Median household income | $41,111 (±$33,639) | $38,333 (±$17,626) | −6.8% | No measurable change after inflation |
| Households that rent | 95.9% (±4.6 points) | 96.4% (±6.1 points) | +0.5 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±11.4 points) | 8.2% (±13.2 points) | +8.2 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Places near Franklin Park
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Washington Park | 0.4 mi | $2,082 | $317,500 | 28.4% |
| Boulevard Gardens | 0.5 mi | — | $252,900 | 35.6% |
| Roosevelt Gardens | 0.6 mi | $1,355 | $309,600 | 58.4% |
| Fort Lauderdale | 1.9 mi | $1,854 | $486,700 | 45.9% |
| Lazy Lake | 2.5 mi | — | — | 61.5% |
| Lauderdale Lakes | 2.8 mi | $1,663 | $214,100 | 52.4% |
| Wilton Manors | 2.9 mi | $1,871 | $589,200 | 38.4% |
| Broadview Park | 3.1 mi | $1,879 | $365,000 | 38.7% |
HUD Fair Market Rent for Franklin Park, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,759 | $1,902 | $2,321 | $3,172 | $3,662 |
HUD income limits for Franklin Park, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $26,650 | $44,350 | $71,000 |
| 2 people | $30,450 | $50,700 | $81,150 |
| 3 people | $34,250 | $57,000 | $91,300 |
| 4 people | $38,050 | $63,400 | $101,400 |
| 5 people | $41,100 | $68,450 | $109,550 |
| 6 people | $44,360 | $73,550 | $117,650 |
| 7 people | $50,040 | $78,650 | $125,750 |
| 8 people | $55,720 | $83,700 | $133,850 |
These are the limits HUD sets for its housing programs in the Fort Lauderdale, FL HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $102,500.
A program can use its own limits; tax-credit and local programs often do.
Franklin Park is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Franklin Park
What is the average rent in Franklin Park, FL?
The Census Bureau publishes the median rather than the average: the median gross rent in Franklin Park is $1,233 (±$379) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How many renters are there in Franklin Park?
Franklin Park has an estimated 449 (±191) renting households, 96.4% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Franklin Park?
The median household income in Franklin Park is $38,333 (±$17,626) a year (2020–2024 American Community Survey).
What is the most common home size in Franklin Park?
The most common size is 2 bedrooms, 73.2% of homes in Franklin Park, FL.
What is the most common way to heat a home in Franklin Park?
Electricity is the most common heating fuel in Franklin Park, used by 89.3% of occupied homes (2020–2024 American Community Survey).
Is Franklin Park growing?
In Franklin Park, the number of residents went from 1,056 in 2015–2019 to 1,688 in 2020–2024 (+59.8%), not a measurable change.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Franklin Park CDP, Florida
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Franklin Park CDP, Florida
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Franklin Park CDP, Florida
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Franklin Park CDP, Florida
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Franklin Park CDP, Florida
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Franklin Park CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Franklin Park CDP, Florida
- HUD Fair Market Rents, fiscal year 2027: Fort Lauderdale, FL HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Fort Lauderdale, FL HUD Metro FMR Area
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Franklin Park CDP, Florida (place:24710, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .