Income & Economy in Franklin Square, NY

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$140,051

+91% vs national

Per Capita Income

$51,174

+38% vs national

Poverty Rate

5.8%

-57% vs national

Gini Index

0.3836

0 = perfect equality

Unemployment

5.0%

-4% vs national

SNAP Recipients

3.9%

of households

How Franklin Square Compares

Source: Census ACS (2023)

Franklin Square vs Similar Cities

Source: Census ACS (2023)

Compared to cities with 25,000 - 50,000 residents. Franklin Square is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Franklin Square. The median household income here is $140,051.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
6.2%
$25-50K
9.6%
$50-75K
8.6%
$75-100K
11.0%
$100-150K
19.7%
$150-200K
15.4%
$200K+
29.4%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

5.0%

-1% vs NY avg

Labor Force

17,075

Employed

16,217

Mean Commute

32 min

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

27.2%

of adults 25+

High School Diploma+

46.0%

of adults 25+

Median Age

40.7

Work from Home

10.1%

of workers

The median household income in Franklin Square, NY is $140,051, which is 91.3% above the national average of $73,224. Per capita income is $51,174. The poverty rate of 5.8% is lower than the NY state average of 10.6%. The Gini index of income inequality is 0.3836, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 5.0%, compared to the state average of 5.0%. 27.2% of adults hold a bachelor's degree or higher. The average commute time is 32 minutes, with 10.1% working from home.