Crime
The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.
Employment
This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.
Housing
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Health & Safety
Achieving a high health and safety score relies on factors including great air quality and convenient access to vital health facilities such as hospitals, doctors, clinics and police stations.
Schools
The schools category boasts a high score thanks to factors like excellent test scores, impressive graduation rates and the convenient placement of elementary and high schools in this area.
Amenities
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Cost Of Living
The cost of living in this area is notably high, making it a more expensive place to live. You'll find higher expenses for everyday goods and services, housing and groceries.
Located in the state of New Jersey, Franklin Center is a smaller city with a population of 5,536 inhabitants. Franklin Center is considered to be a city with an aging population. The average age of all residents is 59, which is well beyond the United States median age average. If you are looking for a family friendly city, Franklin Center might be a good fit as 73% of the population over 15 years old are married, and 20% have kids who are 18 years old or younger. Long, unnecessary commutes can be both frustrating and inconvenient when heading to work. Nationwide, the average one-way commute time takes 26 minutes, but regrettably, residing in Franklin Center entails a longer-than-average one-way commute time, averaging 37 minutes.
Living in Franklin Center can be a great experience for anyone relocating to the city. Having said that, in the state of New Jersey, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. To help you find the best places to live in and around Franklin Center, AreaVibes has created a livability score using key metrics like cost of living, commute, employment and more.
The livability score in Franklin Center is 72 out of 100 and the city is ranked in the 83rd percentile of all cities across America. Based on the rankings for each individual category, Franklin Center has been rewarded with high marks for crime (A+), education (A+) and housing (A). There is at least one category that did not score well in Franklin Center. The following was graded with a disappointing score: amenities (F).
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Franklin Center market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Assuming that Franklin Center meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Franklin Center. Everything else becomes a lot less important if it turns out that home prices in Franklin Center are simply unattainable. The median home price for Franklin Center homes is $444,200, which is 40.4% higher than the New Jersey average. If we take a closer look at the affordability of homes in Franklin Center, we’ll see that the home price to income ratio is 4.1, which is 4.7% lower than the New Jersey average.
| Statistic | Franklin Center | New Jersey | National |
| Average one way commute | 37min | 31min | 26min |
| Workers who drive to work | 69.5% | 71.7% | 76.4% |
| Workers who carpool | 4.8% | 8.1% | 9.3% |
| Workers who take public transit | 7.1% | 11.2% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 0.4% | 3.0% | 2.8% |
| Working from home | 18.2% | 4.1% | 4.6% |
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