How many renters in Franklin, NH pay more than 30% of their income on rent?
38.9% (±13.4 points) of renting households in Franklin, NH spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
22.5% spend 35% or more.
The median renting household spends 26.7% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 38.9% (±13.4 points)
- Paying 35% or more
- 22.5% (±10.8 points)
- Median share of income
- 26.7% (±3.3 points)
Rent as a share of income in Franklin
| Share of income spent on rent | Franklin | Merrimack County | New Hampshire | United States |
|---|---|---|---|---|
| Less than 15% | 18.8% (±12.3 points) | 12.4% | 11.5% | 12.6% |
| 15% to 19.9% | 7.5% (±5.0 points) | 13.7% | 13.3% | 12.2% |
| 20% to 24.9% | 18.1% (±8.8 points) | 13.1% | 13.2% | 12.6% |
| 25% to 29.9% | 16.8% (±8.1 points) | 16.0% | 13.9% | 11.5% |
| 30% to 34.9% | 16.4% (±8.0 points) | 8.3% | 9.8% | 9.2% |
| 35% or more | 22.5% (±10.8 points) | 36.6% | 38.4% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Franklin against Merrimack County, its state and the nation
| Franklin | Merrimack County | New Hampshire | United States | |
|---|---|---|---|---|
| Paying 30% or more | 38.9% (±13.4 points) | 44.9% (±3.4 points) | 48.2% (±1.4 points) | 51.1% |
| Paying 35% or more | 22.5% (±10.8 points) | 36.6% (±3.0 points) | 38.4% (±1.1 points) | 41.9% |
| Median share of income | 26.7% (±3.3 points) | 28.4% (±0.9 points) | 29.4% (±0.4 points) | 30.6% |
| Median renter household income | $48,804 (±$9,839) | $54,371 (±$6,449) | $58,605 (±$1,528) | $52,966 |
| Median gross rent | $1,110 (±$68) | $1,360 (±$37) | $1,491 (±$15) | $1,413 |
In Franklin, the share of renters paying 30% or more of income is not measurably different from Merrimack County (44.9%).
It is not measurably different from New Hampshire (48.2%).
It is not measurably different from the national figure (51.1%).
In Merrimack County, Franklin ranks 22 of 27 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 151 of 230.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Franklin
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Franklin | — | 38.9% (±13.4 points) | — |
| Tilton Northfield | 3.9 mi | 28.3% (±13.4 points) | Not measurably different |
| Tilton | 4.8 mi | 43.7% (±17.3 points) | Not measurably different |
| Sanbornton | 5.9 mi | 29.3% (±26.0 points) | Not measurably different |
| Andover | 6.1 mi | 45.1% (±45.4 points) | Not measurably different |
| Northfield | 6.8 mi | 24.1% (±16.2 points) | Not measurably different |
| Salisbury | 7.0 mi | 0.0% (±97.3 points) | Not measurably different |
| Hill | 7.2 mi | 0.0% (±141.4 points) | Not measurably different |
| Belmont | 9.5 mi | 46.8% (±21.6 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Merrimack County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 16 | Hopkinton | 42.5% (±30.5 points) |
| 17 | Hooksett | 41.6% (±15.7 points) |
| 18 | Boscawen | 41.2% (±20.2 points) |
| 19 (tie) | Bradford | 41.1% (±42.6 points) |
| 19 (tie) | Wilmot | 41.1% (±33.5 points) |
| 21 | Bow | 39.1% (±16.2 points) |
| 22 | Franklin | 38.9% (±13.4 points) |
| 23 | Danbury | 31.4% (±49.7 points) |
| 24 | Sutton | 27.6% (±33.6 points) |
| 25 | Northfield | 24.1% (±16.2 points) |
| 26 (tie) | Hill | 0.0% (±141.4 points) |
| 26 (tie) | Salisbury | 0.0% (±97.3 points) |
Showing 12 of 27 places in Merrimack County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Franklin
Are renters in Franklin rent-burdened?
38.9% of renting households in Franklin pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Franklin spend on rent?
The median renting household in Franklin, NH spends 26.7% (±3.3 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Franklin city, New Hampshire
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Franklin city, New Hampshire
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Franklin city, New Hampshire
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) and detailed tables (acs/acs5) for Franklin city, New Hampshire (place:27380, in state:33).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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 .
Related
- Housing in Franklin at a glance
- Median rent in Franklin
- Rent by bedrooms in Franklin
- Renters and owners in Franklin
- Income and affordability in Franklin
- Home values in Franklin
- Homeowner costs in Franklin
- Property taxes in Franklin
- Types of homes in Franklin
- Bedrooms in Franklin
- Age of homes in Franklin
- Vacancy rate in Franklin
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- Commute and cars in Franklin
- Crime reported to police in Franklin
- Population growth in Franklin
- How long people stay in Franklin
- Crowding and facilities in Franklin
- New Hampshire landlord and tenant rules
- Housing across Merrimack County
- New Hampshire places ranked by rent burden
- Housing data for every place in New Hampshire