Franklin Park 71 Excellent
Franklin Park Livability #220 ranked city in New Jersey#5,979 ranked city in the USARanks better than 79% of areas

Pros and Cons of Living in Franklin Park

PROS
  • 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.

  • Ratings

    Locals express favorable opinions about the proximity of everyday local amenities, parks, public transit, neighborly atmosphere, strong sense of community and the general safety of the area.

CONS
  • 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.

New Real Estate Listings in Franklin Park Area
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What's it like Living in Franklin Park?

Located in the state of New Jersey, Franklin Park is a medium-sized city with a population of 12,738 residents. In Franklin Park, there are 4,890 people per square mile, which is well above the national population density average. With the racial makeup of 31% White, 33% Black or African American and 29% Asian, Franklin Park is one of the most ethnically diverse cities in America. Something to be aware of when living in Franklin Park 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 37 minutes, this comes in much higher than the national average of 26 minutes.

Are you trying to figure out if living in Franklin Park is the right fit for your lifestyle? To ensure a positive experience before moving to any new city in New Jersey, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. Finding the best places to live in Franklin Park and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, cost of living, commute, education, housing and other important metrics.

The livability score in Franklin Park is 71 out of 100 and the city is ranked in the 80th percentile of all cities across America. For each of the livability categories, we know that Franklin Park ranks very well for crime (A-), education (B-), employment (A+) and housing (A-). There is at least one category that does not have great scores in Franklin Park. The following was graded with a concerning score: amenities (F) and cost of living (F).

A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Franklin Park excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.

Franklin Park real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Franklin Park. The median home price for Franklin Park homes is $276,300, which is 12.7% lower than the New Jersey average. If we take a closer look at the affordability of homes in Franklin Park, we’ll see that the home price to income ratio is 3, which is 30.2% lower than the New Jersey average.

Best Places to Live in and Around Franklin Park

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How Do You Rate The Livability In Franklin Park?

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Compare Franklin Park, NJ Livability

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      Franklin Park transportation information

      Statistic Franklin Park New Jersey National
      Average one way commute37min31min26min
      Workers who drive to work76.1%71.7%76.4%
      Workers who carpool7.2%8.1%9.3%
      Workers who take public transit8.4%11.2%5.1%
      Workers who bicycle0.0%0.3%0.6%
      Workers who walk0.2%3.0%2.8%
      Working from home5.2%4.1%4.6%
      Source: The Franklin Park, NJ data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).