What percentage of people rent in the Town of Franklin (Franklin County), NY?

10.2% (±4.9 points) of the occupied homes in the Town of Franklin (Franklin County), NY are rented (2020–2024 American Community Survey).

That is 62 renting households against 543 that own their home.

In the Town of Franklin (Franklin County), the share of households that rent went from 10.8% in 2015–2019 to 10.2% in 2020–2024 (−0.6 percentage points), not a measurable change.

Figures last updated on .

Households that rent
10.2% (±4.9 points)
Renting households
62 (±32)
Median renter income
$56,500 (±$30,345)

Who rents and who owns in the Town of Franklin (Franklin County)

Tenure, estimate (90% margin of error)
Town of Franklin (Franklin County)Franklin CountyNew YorkUnited States
Renter-occupied share10.2% (±4.9 points)27.5% (±2.1 points)45.7% (±0.2 points)34.8%
Renting households62 (±32)5,363 (±448)3,525,661 (±12,362)45,017,354
Owning households543 (±75)14,151 (±423)4,196,985 (±19,607)84,210,142
Average renter household size1.9 (±0.7)1.8 (±0.1)2.3 (±0.0)2.3
Average owner household size2.1 (±0.2)2.3 (±0.1)2.7 (±0.0)2.6
Median renter household income$56,500 (±$30,345)$38,729 (±$4,087)$57,803 (±$395)$52,966
Median owner household income$92,303 (±$10,672)$76,481 (±$3,827)$114,563 (±$568)$100,009

In the Town of Franklin (Franklin County), the renter share is lower than in Franklin County (27.5%).

It is also lower than in New York (45.7%).

It is lower than the national figure (34.8%).

In Franklin County, the Town of Franklin (Franklin County) ranks 17 of 20 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 822 of 1,004.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in the Town of Franklin (Franklin County) has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent10.8% (±5.3 points)10.2% (±4.9 points)−0.6 percentage pointsNot a measurable change
Median gross rent$755 (±$307)$706 (±$273)−6.5%No measurable change after inflation
Median household income$65,139 (±$11,770)$88,456 (±$18,042)+35.8%No measurable change after inflation

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.

Households that rent in places near the Town of Franklin (Franklin County)

Nearest places with a published estimate, compared with the Town of Franklin (Franklin County)
PlaceDistanceHouseholds that rentCompared with this place
Town of Franklin (Franklin County)—10.2% (±4.9 points)—
Town of Brighton (Franklin County)9.4 mi29.5% (±11.7 points)Higher
Town of Duane9.8 mi2.9% (±4.3 points)Lower
Town of St. Armand10 mi23.3% (±7.8 points)Higher
Town of Black Brook12 mi11.9% (±5.4 points)Not measurably different
Town of Wilmington13 mi20.0% (±7.6 points)Higher
Village of Saranac Lake14 mi52.8% (±6.4 points)Higher
Town of Santa Clara15 mi13.3% (±5.7 points)Not measurably different
Town of Saranac16 mi9.8% (±5.2 points)Not measurably different

Nearby places with a measurably lower figure: Town of Duane, NY (2.9%).

Nearby places with a measurably higher figure: Town of Brighton (Franklin County), NY (29.5%), Town of St. Armand, NY (23.3%), Town of Wilmington, NY (20.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Franklin County, place by place

RankPlaceHouseholds that rent
11Town of Bellmont15.8% (±7.0 points)
12Town of Westville15.7% (±4.0 points)
13Town of Fort Covington13.9% (±4.9 points)
14Town of Santa Clara13.3% (±5.7 points)
15Town of Constable11.2% (±4.8 points)
16Town of Bangor10.7% (±5.7 points)
17Town of Franklin (Franklin County)10.2% (±4.9 points)
18Town of Dickinson (Franklin County)9.8% (±4.7 points)
19Town of Duane2.9% (±4.3 points)
20Town of Brandon1.8% (±2.3 points)

Showing 10 of 20 places in Franklin County, ranked from highest to lowest.

A New York town includes the villages and hamlets inside it, so the figures for the Town of Franklin (Franklin County) include them.

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 Town of Franklin (Franklin County)

How many renters are there in the Town of Franklin (Franklin County)?

The Town of Franklin (Franklin County) has an estimated 62 (±32) renting households, 10.2% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in the Town of Franklin (Franklin County)?

In the Town of Franklin (Franklin County), the share of households that rent went from 10.8% in 2015–2019 to 10.2% in 2020–2024 (−0.6 percentage points), not a measurable change.

How big are renting households in the Town of Franklin (Franklin County)?

A renting household in the Town of Franklin (Franklin County) has 1.9 people on average, against 2.1 in an owned home.

How much do renters earn in the Town of Franklin (Franklin County)?

The median renting household in the Town of Franklin (Franklin County), NY has an income of $56,500 (±$30,345) a year, against $92,303 for households that own their home.

Sources

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 town, Franklin County, New York (county subdivision:27243, in state:36 county:033).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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 .

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