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Living In New Franklin, MO

New Franklin, a small town in Missouri, has a population of just over 1,000. Retirees should fit right in, as they account for 18% of the population compared to 14% nationally, while young adults feature less prominently in the demographics. The majority of New Franklin residents own their homes, and 45% of residents rent. With a relatively low average rent of $484/month in the town, renting remains an affordable option, particularly compared to other cities in Missouri. Over the course of a year, renters in New Franklin will save around $4,400 compared to the state average.

Many New Franklin residents work in one of three industries: retail, education, and healthcare. Combined, these industries account for 20% of the workforce in the town. Meanwhile, looking at job function, many workers in these industries are in sales, as 12% of the town's population reports this as their field of work, the highest number of any profession. New Franklin workers take home an average annual income of about $45K, around $20,000 less than the state average. New Franklin's average income also trails the national average ($73,345). Compared to the national average, New Franklin has a large number of residents over the age of 25 who possess a high school degree or GED (27%). Furthermore, 7% have a Bachelor's degree and 4% possess a Master's or Doctoral degree.

New Franklin has an average commute time of about 24 minutes, shorter than almost 70% of cities in Missouri. Driving a vehicle is the typical means of commuting to work, chosen by 43% of commuters, while public transit is not used. Walking isn't a common means of commuting to work.

Frequently Asked Questions About New Franklin

Looking for a cheap New Franklin apartment?

For the best deal, we recommend using our cheap apartments filter.

How Many Bedrooms Do You Need?

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How Can I Tour Virtually During Covid19 & Social Distancing?

You can virtually tour any apartment by using our New Franklin, MO Virtual Tours filter. All properties in this filter contain either a 3d tour or a video tour.

Do you need a pet-friendly New Franklin apartment?

If you have a dog or cat, you'll need to find an apartment in New Franklin that accepts pets. Apply Apartment Guide's pet friendly filter to see only New Franklin apartments that accept pets. Remember to read the apartment's specific guidelines for acceptable pet breeds and weights if applicable.

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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