Franklin Square, NY Real Estate
According to census data in the year 2000 there were 10,364 housing units in Franklin Square.
This represents a 2.5% growth from 10,111 in 1990.
Of those housing units, 10,364 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Franklin Square is about 81%.
Franklin Square's vacancy rate, including seasonal lodging, is about 1.7%.
Average household size is 2.87 people.
The majority of houses, apartments or condos in Franklin Square were built after 1952.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 6.10% |
| Two Bedrooms | 20% |
| Three Bedrooms | 44.50% |
| Four Bedrooms | 22.70% |
| Five Bedrooms or more | 5.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.05 |
| Median year structure was built | 1951 |
| Median Value of occupied units | $224,500 |
| Median Price asked for vacant units | $253,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.11 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $868 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5% |
| Home Equity Loan | 6.80% |
| Simple Mortgage | 47.80% |
| Debt Free | 40.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.7% |
