New Franklin
New Franklin city, Ohio
Thinking about a fresh start? Let me introduce you to New Franklin, a hidden gem in Ohio where affordability meets a welcoming community. With a population of just under 14,000, this charming town offers a refreshing escape from the hustle and bustle, all while keeping you connected. The lifestyle here is laid-back, centered around family and community events. Imagine owning a home with a median value of just $185,000 – a steal compared to the national average. This affordability, combined with a comfortable median household income of $87,032, makes New Franklin an attractive option for those seeking a balanced lifestyle without breaking the bank.
From an investment perspective, New Franklin presents a solid opportunity. The housing market is stable, and the town's low crime rates contribute to a secure environment for families and individuals alike. While specific employment figures are not available, the higher-than-average median income suggests a healthy local economy. Given the favorable cost of living and the sense of community, New Franklin is ideal for young families, first-time homebuyers, and anyone seeking a safe, affordable, and friendly place to call home.
New Franklin, Ohio at a Glance
New Franklin is a city in New Franklin city, Ohio with a population of approximately 13,874. The median home value is $185,000 and the median household income is $87,032. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.4 per 1,000 residents, which is 61% below the national average. Air quality is rated Good. The overall climate risk is rated as "Very Low." Median rent is $888 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$185,000
Median Income
$87,032
Population
13,874
Walk Score
0
Air Quality
AQI 43
Good
Climate Risk
Very Low
Good
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- Population
- 13,874
- Median Age
- N/A
- Median Household Income
- $87,032
17% above nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 4.7%
62% below nat'l avg
- Median Home Value
- $185,000
34% below nat'l avg
- Median Rent
- $888
24% below nat'l avg
- Homeownership Rate
- 88.0%
34% above nat'l avg
- Affordability Index
- 135
35% above nat'l avg
- Violent Crime Rate
- 1.4 per 1K
61% below nat'l avg
- Property Crime Rate
- 5.7 per 1K
70% below nat'l avg
- AQI
- 43
Near nat'l avg
- Category
- Good
- Overall Risk
- Very Low
- Risk Score
- 7.70
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 14.5¢/kWh
13% below nat'l avg
- Est. Monthly Electric
- $131
4% below nat'l avg
- Unemployment Rate
- 4.5%
22% above nat'l avg
- Poverty Rate
- 4.7%
62% below nat'l avg
Weather & Climate in New Franklin
Avg High
61°F
Avg Low
44°F
Annual Rainfall
44.9"
Avg Humidity
72%
Political Landscape
→ Politically stable
Based on Morrow County county-level presidential election data
Culture & Things to Do in New Franklin
National Hamburger Festival
A celebration of all things hamburger, held annually in Akron.
Akron Arts Expo
A juried art fair featuring local and regional artists.
Portage Lakes Fireworks
Annual fireworks display over Portage Lakes.
Summit County Fair
A traditional county fair with rides, exhibits, and entertainment.
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