Is Franklin Township (Fayette County), PA growing?
Franklin Township (Fayette County), PA had an estimated 2,364 (±305) residents in 2020–2024, against 2,404 in 2015–2019.
That is a change of −1.7%, not a measurable change.
Its housing went from 1,093 to 1,193 homes (+9.1%), not a measurable change.
0.0% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 2,364 (±305)
- Amount of change
- −1.7%
- Homes change
- +9.1%
- Built 2020 or later
- 0.0%
Residents and homes in Franklin Township (Fayette County), 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 2,404 (±187) | 2,364 (±305) | −1.7% | Not a measurable change |
| Housing units | 1,093 (±55) | 1,193 (±133) | +9.1% | Not a measurable change |
| Households that rent | 14.2% (±6.1 points) | 15.5% (±6.9 points) | +1.3 percentage points | Not a measurable change |
| Median gross rent | $920 (±$136) | $731 (±$314) | −20.5% | Down after inflation |
| Median home value | $156,900 (±$13,593) | $124,400 (±$66,045) | −20.7% | 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.
Growth in Franklin Township (Fayette County) against Fayette County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Franklin Township (Fayette County) | −1.7% | Not a measurable change | +9.1% |
| Fayette County | −4.0% | Measurable decrease | −2.6% |
| Pennsylvania | +1.8% | Measurable increase | +2.0% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Franklin Township (Fayette County)
| Year built | Franklin Township (Fayette County) | Fayette County | Pennsylvania | United States |
|---|---|---|---|---|
| 2020 or later | 0.0% (±2.7 points) | 0.6% | 1.0% | 2.0% |
| 2010 to 2019 | 6.0% (±3.8 points) | 3.2% | 5.1% | 9.4% |
| 2000 to 2009 | 6.2% (±2.7 points) | 5.7% | 8.1% | 13.6% |
6.0% of the homes in Franklin Township (Fayette County) were built in 2010 or later.
The median age of residents is 46.9 years.
Growth in places near Franklin Township (Fayette County)
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Franklin Township (Fayette County) | — | 2,364 | −1.7% | Not a measurable change |
| Vanderbilt | 4.3 mi | 353 | +1.1% | Not a measurable change |
| Dawson | 5.0 mi | 388 | −13.4% | Not a measurable change |
| Menallen Township (Fayette County) | 5.1 mi | 4,048 | 0.0% | Not a measurable change |
| Perryopolis | 5.4 mi | 1,529 | −14.6% | Not a measurable change |
| Jefferson Township (Fayette County) | 5.5 mi | 1,937 | +1.6% | Not a measurable change |
| Lower Tyrone Township | 6.0 mi | 1,009 | −10.0% | Not a measurable change |
| Redstone Township | 6.4 mi | 4,981 | −6.9% | Measurable decrease |
| Oliver | 6.6 mi | 2,393 | −2.6% | Not a measurable change |
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 Township (Fayette County)
Is Franklin Township (Fayette County) growing?
Franklin Township (Fayette County), PA had an estimated 2,364 residents in 2020–2024 and 2,404 in 2015–2019, a change of −1.7%: not a measurable change by the Census Bureau’s test.
How many homes have been added in Franklin Township (Fayette County)?
The estimated number of housing units went from 1,093 in 2015–2019 to 1,193 in 2020–2024 (+9.1%), not a measurable change.
How much new construction is there in Franklin Township (Fayette County)?
0.0% of homes in Franklin Township (Fayette County) were built in 2020 or later and 6.0% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Franklin township, Fayette County, Pennsylvania
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Franklin township, Fayette County, Pennsylvania
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Franklin township, Fayette County, Pennsylvania
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Franklin township, Fayette County, Pennsylvania
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Franklin township, Fayette County, Pennsylvania
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Franklin township, Fayette County, Pennsylvania
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Franklin township, Fayette County, Pennsylvania
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 township, Fayette County, Pennsylvania (county subdivision:27400, in state:42 county:051).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
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 Township (Fayette County) at a glance
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- Income and affordability in Franklin Township (Fayette County)
- Homeowner costs in Franklin Township (Fayette County)
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- Types of homes in Franklin Township (Fayette County)
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- Age of homes in Franklin Township (Fayette County)
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- Commute and cars in Franklin Township (Fayette County)
- How long people stay in Franklin Township (Fayette County)
- Fair Market Rent in Franklin Township (Fayette County)
- Pennsylvania landlord and tenant rules
- Housing across Fayette County
- Housing data for every place in Pennsylvania