Cost of Living in Franklin County, Pennsylvania
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Franklin County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Franklin County, Pennsylvania
Franklin County Mirrors National Housing Costs
Franklin County's rent-to-income ratio of 17.1% slightly exceeds the national average of 15.8%, reflecting higher housing costs paired with above-average local incomes of $74,946—nearly identical to the national median of $74,755. This county represents a market where national-level affordability pressures are taking hold.
Franklin Ranks Among PA's Pricier Markets
At 17.1%, Franklin County's rent-to-income ratio sits above Pennsylvania's state average of 16.5%, and its median rent of $1,071 is the highest among these eight counties and 12% above the state median. Franklin represents the region's premium housing market.
Franklin Leads the Region in Housing Costs
Franklin County's $1,071 monthly rent significantly outpaces every peer here, with median home values of $236,300 representing the region's steepest entry price for ownership. Franklin's higher income base ($74,946) supports these costs, but renters still face above-average burden.
Premium Rents and Mortgages for Higher Earners
Franklin County residents earning $74,946 medially pay $1,071 for rent or $1,169 for mortgage—the region's highest housing costs—consuming 17.1% and 18.8% of income respectively. The county's strong income base absorbs these costs more comfortably than lower-income peers, but affordability remains compressed.
Franklin Suits Higher Earners and Families
Franklin County's premium pricing—$1,071 rent, $236,300 median home values—makes sense if your income approaches or exceeds the county median of $74,946. Budget accordingly and compare against more affordable options like Fayette ($771 rent) or Greene ($754 rent) to ensure Franklin's higher costs align with your financial plan.
Affordability Calculator
See how your income compares to housing costs in Franklin County
Rent Burden
17.1%
of gross income
Max Housing (28% Rule)
$1,749
per month
Owner Cost Burden
18.7%
of gross income
The median home in Franklin County may be a stretch
Median home value is $236,300. Estimated monthly cost: $1,886 vs. your max of $1,749.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.