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.
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.
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.
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.
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
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.
Franklin Farm, Virginia is a medium-sized city with a population of 18,845 inhabitants. In Franklin Farm, there are 3,968 people per square mile, which is well above the national population density average. If we look at the most recent Census, Franklin Farm is known to have a predominantly White population. The next two most common races are Asian and Black. Something to be aware of when living in Franklin Farm are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 31 minutes, this comes in much higher than the national average of 26 minutes.
Without the right tools, moving to any new town can be very stressful and challenging. Living in Franklin Farm, Virginia could be a great experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. The best areas in Franklin Farm and in surrounding cities are easier to find when you are able to make informed decisions. Using data from health & safety, education, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Virginia and national averages.
With a livability score of 73 out of 100, Franklin Farm is ranked #4,534 in the United States and #150 in Virginia. If we probe a little deeper into each category within the livability score, we see that Franklin Farm has higher than average grades for the following: crime (A+) and housing (A+). Regrettably for Franklin Farm, there are some categories for which it does not rank well, this includes: amenities (D-) and cost of living (F).
When contemplating a move, job prospects often top the list of priorities. In Franklin Farm, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 1.28% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
Finding affordable real estate and housing in Franklin Farm can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Assuming that Franklin Farm 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 Farm. Everything else becomes a lot less important if it turns out that home prices in Franklin Farm are simply unattainable. The median home price for Franklin Farm homes is $646,100, which is 160.1% higher than the Virginia average. If we take a closer look at the affordability of homes in Franklin Farm, we’ll see that the home price to income ratio is 3.5, which is 7.9% lower than the Virginia average.
Statistic | Franklin Farm | Virginia | National |
Average one way commute | 31min | 28min | 26min |
Workers who drive to work | 68.4% | 77.4% | 76.4% |
Workers who carpool | 5.4% | 9.5% | 9.3% |
Workers who take public transit | 5.7% | 4.5% | 5.1% |
Workers who bicycle | 0.4% | 0.4% | 0.6% |
Workers who walk | 0.5% | 2.4% | 2.8% |
Working from home | 18.7% | 4.7% | 4.6% |