Franklin County, New York

Income Data

-17% vs. New York average
$63,747
Median Household Income
$31,801
Per Capita Income

At a Glance

Median Household Income
$63,747
-17% vs. state avg
Per Capita Income
$31,801
-19% vs. national
Income-to-Housing Ratio
49.6%
income as % of home value
Rank in New York
#51 / 62
by median household income

How Franklin County Compares

Franklin County$63,747
New York Average$76,433
National Median$74,755

Detailed Income Statistics

$63,747
Median Household Income
$31,801
Per Capita Income
$128,600
Median Home Value
49.6%
Income-to-Housing Ratio

Data Story

About Household Income in Franklin County, New York

Franklin income trails national median

Franklin County's median household income of $63,747 sits 14.7% below the national median of $74,755, placing it in the lower-earning tier across the U.S. This gap means households here earn roughly $11,000 less annually than the typical American family.

Ranked 53rd among New York counties

Within New York State, Franklin County ranks 53rd out of 62 counties for median household income, falling $12,686 short of the state average of $76,433. The county's per capita income of $31,801 also trails the state average of $41,133 by nearly 23%.

Below regional income peers

Compared to neighboring upstate counties, Franklin's $63,747 median lags behind Genesee County ($72,055) by $8,308 and Hamilton County ($68,950) by $5,203. The county ranks among the lowest earners in its North Country region.

Housing costs remain manageable

With a rent-to-income ratio of 15.4%, Franklin County households spend well below the national affordability threshold of 30%, suggesting rental housing is accessible relative to earnings. The median home value of $128,600 aligns with regional affordability, requiring roughly 2 years of median household income to purchase.

Build financial stability here

Franklin County's lower housing costs create an opportunity: households can allocate savings toward retirement accounts, emergency funds, and investments that build long-term wealth. Starting an employer 401(k) or IRA now compounds significantly over time, even with modest starting contributions.

Frequently Asked Questions

What is the median household income in Franklin County, New York?
The median household income in Franklin County, New York is $63,747, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Franklin County?
The per capita income in Franklin County is $31,801, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $63,747.
How does Franklin County compare to the New York average?
Franklin County's median household income of $63,747 is lower than the New York state average of $76,433. The per capita income is $31,801, compared to the state average of $41,133.
What is the per capita income in Franklin County, New York?
The per capita income in Franklin County, New York is $31,801, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is Franklin County a low-income area in New York?
Franklin County's median household income of $63,747 is below the New York average of $76,433. The per capita income of $31,801 is also lower than the state average of $41,133. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Franklin County rank for income in New York?
Franklin County ranks #51 out of 62 counties in New York by median household income (1 = highest). With a median household income of $63,747 and per capita income of $31,801, it falls in the bottom third of counties statewide.

Income Comparison Calculator

See how your household income compares in Franklin County

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Your income is above the Franklin County median

County median: $63,747 per year

vs. County Median

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vs. State Average

-17%

vs. National Median

-15%

vs. Franklin County MedianAbout equal
vs. New York Average17% below
vs. National Median15% below

Income Adequacy

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Your monthly income ($5,312) vs. median rent ($819/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.