New Franklin

Population: 13,830
Median household income: $88,306
Median home value: $196,600

New Franklin is a community in Summit County, Ohio, home to 13,830 residents. At $88,306, its median household income sits above Summit County's $71,016.

Between 2019 and 2023, New Franklin's population declined 2.3% from 14,150 to 13,830, while its median home value rose 31.8% from $149,200 to $196,600.

The median gross rent is $1,101. 24.0% of adults 25 and older hold a bachelor's degree or higher.

Demographics

ACS 2019–2023

Population: 13,830
Median age: 47.5 yrs
Median household income: $88,306
Median home value: $196,600
Median gross rent: $1,101
Housing units: 5,912
Homeownership rate: 87.1%
Bachelor's degree or higher: 24.0%
Unemployment rate: 4.1%

Trends

ACS 5-year · 2019–2023

Population

14,15013,830

Median household income

$72,866$88,306

Median home value

$149,200$196,600

Median gross rent

$878$1,101

Year	Population	Median household income	Median home value	Median gross rent
2019	14,150	$72,866	$149,200	$878
2020	14,143	$75,807	$156,400	$929
2021	13,913	$80,357	$164,700	$976
2022	13,874	$87,032	$185,000	$994
2023	13,830	$88,306	$196,600	$1,101

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 54.2%

5 to 1713.3%

18 to 246.9%

25 to 3412.2%

35 to 4411.2%

45 to 5414.1%

55 to 6417.0%

65 to 7412.0%

75 and over9.1%

	Count	Share
Under 5	585	4.2%
5 to 17	1,837	13.3%
18 to 24	955	6.9%
25 to 34	1,684	12.2%
35 to 44	1,550	11.2%
45 to 54	1,947	14.1%
55 to 64	2,346	17.0%
65 to 74	1,661	12.0%
75 and over	1,265	9.1%

Race & ethnicity

	Count	Share
White (non-Hispanic)	12,826	92.7%
Black or African American	59	0.4%
American Indian & Alaska Native	0	0.0%
Asian	26	0.2%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	151	1.1%
Two or more races	592	4.3%
Hispanic or Latino (any race)	176	1.3%

Educational attainment (age 25+)

No high school diploma3.4%

High school graduate34.5%

Some college or associate's38.1%

Bachelor's degree14.7%

Graduate or professional degree9.2%

	Count	Share
No high school diploma	359	3.4%
High school graduate	3,603	34.5%
Some college or associate's	3,985	38.1%
Bachelor's degree	1,540	14.7%
Graduate or professional degree	966	9.2%

Commute to work

Mean travel time to work: 25 min

Drove alone80.1%

Carpooled7.0%

Public transit0.1%

Walked1.2%

Bicycle0.0%

Worked from home10.9%

Other means0.8%

How workers get to work

	Count	Share
Drove alone	5,861	80.1%
Carpooled	511	7.0%
Public transit	4	0.1%
Walked	86	1.2%
Bicycle	0	0.0%
Worked from home	796	10.9%
Other means	60	0.8%

Travel time

	Count	Share
Under 15 min	1,417	21.7%
15 to 29 min	2,976	45.6%
30 to 44 min	1,472	22.6%
45 to 59 min	374	5.7%
60+ min	283	4.3%

Households

Average household size: 2.43
Poverty rate: 6.2% (857 of 13,764)

	Count	Share
Family households	4,129	72.9%
Nonfamily households	1,533	27.1%

Housing

Median year structure built: 1962

Occupancy

	Count	Share
Occupied	5,662	95.8%
Vacant	250	4.2%

Tenure (of occupied units)

	Count	Share
Owner-occupied	4,934	87.1%
Renter-occupied	728	12.9%

1-unit, detached90.2%

1-unit, attached1.5%

2 to 4 units3.0%

5 to 19 units1.5%

20 or more units0.6%

Mobile home & other3.2%

Units in structure

	Count	Share
1-unit, detached	5,335	90.2%
1-unit, attached	88	1.5%
2 to 4 units	176	3.0%
5 to 19 units	91	1.5%
20 or more units	35	0.6%
Mobile home & other	187	3.2%

Geography

Place GEOID: 3954562
Type (LSAD): 25
Land area: 25 sq mi
Water area: 1.64 sq mi
Center point: 40.9543, -81.5849