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Franklin Square, NY&

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Population
31,601
0.18% growth
Median Age
41.2
Median Household Income
$95,656
0.94% decline
Poverty Rate
5.3%
Number of Employees
14,955
0.73% decline
Median Property Value
$436,600
2.03% growth

Economy

The economy of Franklin Square, NY employs 14,955 people. The economy of Franklin Square, NY is specialized in Finance & Insurance; Wholesale trade; and Educational Services, which employ respectively 1.46; 1.43; and 1.31 times more people than what would be expected in a location of this size. The largest industries in Franklin Square, NY are Healthcare & Social Assistance (2,312), Educational Services (1,827), and Retail trade (1,742), and the highest paying industries are Utilities ($85,179), Finance & Insurance ($70,684), and Real Estate, Rental & Leasing ($65,455).

Median household income in Franklin Square, NY is $95,656. Males in Franklin Square, NY have an average income that is 1.25 times higher than the average income of females, which is $74,553. The income inequality of Franklin Square, NY (measured using the Gini index) is 0.485 which is approximately the same as the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Franklin Square, NY. In Nassau County, NY the age groups most likely to have health care coverage are 6-17 and 45-54, men and women, respectively. The location has a 1 to 146 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $10,155. Bronx County, NY has the highest prevalence of homicides of any county in New York.

Coverage

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Showing data across all counties in New York.

Insurance Coverage by Age and Gender

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Diversity

Franklin Square, NY is home to a population of 31,601 people, from which 92.9% are citizens. The ethnic composition of the population of Franklin Square, NY is composed of 20,565 White residents (65.1%), 5,580 Hispanic residents (17.7%), 3,583 Asian residents (11.3%), 927 Black residents (2.93%), and 763 Two+ residents (2.41%). The most common foreign languages in Franklin Square, NY are Spanish (4,573 speakers), Italian (2,205 speakers), and Urdu (1,074 speakers), but compared to other places, Franklin Square, NY has a relative high number of Italian (2,205 speakers), Urdu (1,074 speakers), and Greek (277 speakers).

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Education

In 2015 universities in Hempstead Town (Northwest) PUMA, NY awarded 2,377 degrees. The student population of Hempstead Town (Northwest) PUMA, NY is skewed towards females, with 525 male students and 1,852 female students. Most students in Hempstead Town (Northwest) PUMA, NY are White (1,279 and 53.8%), followed by Hispanic or Latino (291 and 12.2%), Black or African American (278 and 11.7%), and Unknown (170 and 7.15%). The largest universities in Hempstead Town (Northwest) PUMA, NY by number of graduates are Adelphi University (2,377 and 100%), N/A (N/A and N/A), and N/A (N/A and N/A). The most popular majors in Hempstead Town (Northwest) PUMA, NY are Registered Nursing (381 and 16%), General Psychology (96 and 4.04%), and General Business Administration & Management (68 and 2.86%). The median tuition costs in Hempstead Town (Northwest) PUMA, NY are N/A for private four year colleges, and $34,000 and $34,000 respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Franklin Square, NY is $436,600, which is 2.13 times larger than the national average of $205,000. Between 2015 and 2016 the median property value increased from $427,900 to $436,600, a 2.03% increase. The homeownership rate of Franklin Square, NY is 82.3%, which is higher than the national average of 63.6%. People in Franklin Square, NY have an average commute time of 33.6 minutes, and they commute by Drove Alone. Car ownership in Franklin Square, NY is approximately the same as the national average, with an average of 2 cars per household.

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Keep Exploring

United States
nation
New York
state
Nassau County, NY
county
New York-Newark-Jersey City, NY-NJ-PA Metro Area
metropolitan statistical area
Nassau County (West Central)--Hempstead Town (Northwest) PUMA
public use microdata area
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