What percentage of people rent in Franklin (Venango County), PA?
52.5% (±6.3 points) of the occupied homes in Franklin (Venango County), PA are rented (2020–2024 American Community Survey).
That is 1,376 renting households against 1,246 that own their home.
In Franklin (Venango County), the share of households that rent went from 44.1% in 2015–2019 to 52.5% in 2020–2024 (+8.4 percentage points), a measurable increase.
Figures last updated on .
- Households that rent
- 52.5% (±6.3 points)
- Renting households
- 1,376 (±213)
- Median renter income
- $34,851 (±$4,171)
Who rents and who owns in Franklin (Venango County)
| Franklin (Venango County) | Venango County | Pennsylvania | United States | |
|---|---|---|---|---|
| Renter-occupied share | 52.5% (±6.3 points) | 24.7% (±1.5 points) | 30.7% (±0.2 points) | 34.8% |
| Renting households | 1,376 (±213) | 5,287 (±336) | 1,617,882 (±10,181) | 45,017,354 |
| Owning households | 1,246 (±141) | 16,110 (±392) | 3,656,971 (±15,249) | 84,210,142 |
| Average renter household size | 1.8 (±0.2) | 1.9 (±0.1) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.2) | 2.4 (±0.1) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $34,851 (±$4,171) | $33,474 (±$2,930) | $47,506 (±$425) | $52,966 |
| Median owner household income | $85,227 (±$7,450) | $73,296 (±$3,639) | $95,990 (±$362) | $100,009 |
In Franklin (Venango County), the renter share is higher than in Venango County (24.7%).
It is also higher than in Pennsylvania (30.7%).
It is higher than the national figure (34.8%).
In Venango County, Franklin (Venango County) ranks 1 of 31 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 104 of 2,557.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Franklin (Venango County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 44.1% (±5.0 points) | 52.5% (±6.3 points) | +8.4 percentage points | Measurable increase |
| Median gross rent | $599 (±$39) | $731 (±$96) | +22.0% | No measurable change after inflation |
| Median household income | $43,828 (±$7,357) | $47,117 (±$8,661) | +7.5% | 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 Franklin (Venango County)
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Franklin (Venango County) | — | 52.5% (±6.3 points) | — |
| Sandycreek Township | 2.8 mi | 8.7% (±3.5 points) | Lower |
| Sugarcreek | 4.0 mi | 14.1% (±6.4 points) | Lower |
| Polk | 5.1 mi | 20.9% (±8.4 points) | Lower |
| Victory Township | 5.5 mi | 12.2% (±6.9 points) | Lower |
| Frenchcreek Township | 5.9 mi | 11.4% (±4.4 points) | Lower |
| Seneca | 6.6 mi | 32.1% (±12.6 points) | Lower |
| Woodland Heights | 7.0 mi | 51.7% (±16.3 points) | Not measurably different |
| Oil City | 7.2 mi | 38.7% (±4.5 points) | Lower |
Nearby places with a measurably lower figure: Sandycreek Township, PA (8.7%), Sugarcreek, PA (14.1%), Polk, PA (20.9%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Venango County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Franklin (Venango County) | 52.5% (±6.3 points) |
| 2 | Oil City | 38.7% (±4.5 points) |
| 3 (tie) | Clintonville | 38.0% (±15.3 points) |
| 3 (tie) | Emlenton | 38.0% (±9.2 points) |
| 5 | Rouseville | 29.7% (±12.7 points) |
| 6 | Cranberry Township (Venango County) | 28.2% (±7.2 points) |
| 7 | Clinton Township (Venango County) | 22.3% (±7.9 points) |
Showing 7 of 31 places in Venango County, ranked from highest to lowest.
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 (Venango County)
How many renters are there in Franklin (Venango County)?
Franklin (Venango County) has an estimated 1,376 (±213) renting households, 52.5% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Franklin (Venango County)?
In Franklin (Venango County), the share of households that rent went from 44.1% in 2015–2019 to 52.5% in 2020–2024 (+8.4 percentage points), a measurable increase.
How big are renting households in Franklin (Venango County)?
A renting household in Franklin (Venango County) has 1.8 people on average, against 2.6 in an owned home.
How much do renters earn in Franklin (Venango County)?
The median renting household in Franklin (Venango County), PA has an income of $34,851 (±$4,171) a year, against $85,227 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Franklin city, Pennsylvania
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Franklin city, Pennsylvania
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Franklin city, Pennsylvania
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Franklin city, Pennsylvania
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Franklin city, 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) and detailed tables (acs/acs5) for Franklin city, Pennsylvania (place:27456, in state:42).
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.
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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- Population growth in Franklin (Venango County)
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- Crowding and facilities in Franklin (Venango County)
- Pennsylvania landlord and tenant rules
- Housing across Venango County
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- Housing data for every place in Pennsylvania