Franconia Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Franconia, Pennsylvania? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Franconia, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Franconia is $110,065.00.

The chart below shows the average household income by age in Franconia.

  • Under 25
    $0.00
  • 25 to 44
    $155,150.00
  • 45 to 64
    $163,714.00
  • 65 and over
    $67,993.00

Average Household Income

A very commonly asked question is "what is the average household income in Franconia, Pennsylvania?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Franconia is $143,116.00.

20.02% of households in Franconia, Pennsylvania are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for Franconia but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for Franconia

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Franconia, Pennsylvania easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999
    6.78%
  • $25,000 to $49,999
    12.70%
  • $50,000 to $74,999
    16.25%
  • $75,000 to $99,999
    10.21%
  • $100,000 to $149,999
    17.83%
  • $150,000 to $199,999
    16.21%
  • $200,000 or more
    20.02%

Per Capita Income

The per capita income is the average income of all people in Franconia, Pennsylvania. This is calculated by dividing the total income of all people in Franconia by the total number of people in Franconia.

It differs from the average or mean household income because it includes all people in Franconia and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Franconia, Pennsylvania is $55,324.00.

Population in Franconia by Race and Ethnicity

The total population in Franconia is currently 13,320 people.

The race and ethnicity of the population in Franconia can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Franconia, Pennsylvania.

  • 1.80% White
    236
  • 97.00% Black/African American
    12,921
  • 88.30% Native
    11,757
  • 2.60% Hispanic
    342
  • 1.50% Asian
    202
  • 0.00% Hawaiian/Pacific Islander
    0
  • 0.00% Two or more races
    0
  • 3.90% Other
    518

Population of Franconia by Age and Gender

Another very important demographics statistic for Franconia, Pennsylvania is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age Group Male Female
0 to 9 Years 877 788
10 to 19 Years 704 615
20 to 29 Years 694 647
30 to 39 Years 612 796
40 to 49 Years 764 778
50 to 59 Years 866 808
60 to 69 Years 898 1,201
70 Years and over 752 1,520

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Franconia, Pennsylvania.

  • Master's degree or higher
    17.63%
  • Bachelor's degree
    39.69%
  • Some college or associate's degree
    4.74%
  • High school diploma or equivalent
    37.32%
  • Less than high school diploma
    0.61%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Franconia because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Franconia look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Franconia, Pennsylvania that are over the age of 16.

The current population in Franconia that are over the age of 16 is 10,784 people.

The unemployment rate in Franconia is 3.40%, which means 244 people are unemployed.

Median Age in Franconia

The median age is an interesting metric because it gives us an idea of the age distribution of people in Franconia, Pennsylvania. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Franconia is 47 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Franconia

47

Total

41.2

Male

49

Female

Households and Families

There are a total of 5,120 households in Franconia, and the average household size is 2.56 people.

For families, the total number is 3,510, and the average family size is 3.16 people.

1.50% of those families in Franconia, Pennsylvania are living below the poverty line.

The table below shows the poverty thresholds for Franconia in .

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Please note that the poverty thresholds shown above are from , while the latest demographics data we have is from 2022.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in Franconia, Pennsylvania for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 3,227 69 214 1,610
Average Household Size 3.16 2.19 4.41 1.13
Total Families 3,227 69 214 0
Average Household Size 3.12 2.19 4.03 0

Housing Data in Franconia

There are total of 5,491 housing units in Franconia, Pennsylvania. Of those units, 5,120 (93.24%) are occupied, and 371 (6.76%) are vacant.

Rental Rates

Of the 5,491 housing units in Franconia, 758 (13.80%) are occupied by renters. The median rent paid by renters is $1,718.00.

Owner occupied housing units make up the remaining 78.62% of housing units, with 4,317 housing units in total.

The table below breaks down how much rent is paid by renters in Franconia, Pennsylvania.

  • No rent paid
    45
  • Less than $500
    0
  • $500 to $999
    47
  • $1,000 to $1,499
    235
  • $1,500 to $1,999
    222
  • $2,000 to $2,499
    81
  • $2,500 to $2,999
    158
  • $3,000 or more
    15

Property Values

The median value of a property in Franconia is $377,500.00.

The table below breaks down the range of valuations for all properties in Franconia.

  • Less than $50,000
    25
  • $50,000 to $99,999
    13
  • $100,000 to $149,999
    31
  • $150,000 to $199,999
    163
  • $200,000 to $299,999
    711
  • $300,000 to $499,999
    2,524
  • $500,000 to $999,999
    827
  • $1,000,000 or more
    23

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Franconia, Pennsylvania.

  • 1939 or earlier
    438
  • 1940 to 1949
    70
  • 1950 to 1959
    501
  • 1960 to 1969
    605
  • 1970 to 1979
    963
  • 1980 to 1989
    429
  • 1990 to 1999
    1,527
  • 2000 to 2009
    752
  • 2010 to 2013
    186
  • 2014 or later
    20

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Franconia has. The table below breaks down the number of vehicles available per household.

  • No vehicles available
    240
  • 1 vehicle available
    1,474
  • 2 vehicles available
    2,069
  • 3 or more vehicles available
    1,337

Commuting to Work in Franconia

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Franconia, Pennsylvania, how they commute, and how that correlates to other data points.

The average travel time is 28 minutes, and the chart below covers the range of travel times across the population of Franconia.

  • Less than 5 minutes
    253
  • 5 to 9 minutes
    512
  • 10 to 14 minutes
    763
  • 15 to 19 minutes
    915
  • 20 to 24 minutes
    470
  • 25 to 29 minutes
    272
  • 30 to 34 minutes
    418
  • 35 to 39 minutes
    378
  • 40 to 44 minutes
    313
  • 45 to 59 minutes
    858
  • 60 to 89 minutes
    284
  • 90 or more minutes
    145

We can also look at the means of transport in Franconia to see which modes of transport people are using to commute to work.

  • Drove alone
    4,888
  • Carpooled
    273
  • Public transportation
    376
  • Walked
    43
  • Other means
    1
  • Worked from home
    1,276

Conclusion

Hopefully this article has given you the demographics data you were looking for in Franconia, Pennsylvania.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Franconia.

Link To or Reference This Page

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If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference Name Census as the source. We appreciate your support!

  • "Franconia Average Income, Population and Demographics". NameCensus.com. Accessed on April 24, 2024. https://namecensus.com/demographics/new-hampshire/grafton-county/franconia/.

  • "Franconia Average Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/new-hampshire/grafton-county/franconia/. Accessed 24 April, 2024

  • Franconia Average Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/new-hampshire/grafton-county/franconia/.