Franklin County, New York
Income Data
At a Glance
How Franklin County Compares
Detailed Income Statistics
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
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Income Comparison Calculator
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County median: $63,747 per year
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vs. State Average
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vs. National Median
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.