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The total population of New Franklin is estimated to be 13,874 with 6,830 males (49.23%) and 7,044 females (50.77%). There are 214 more females than males in New Franklin.
The median household income in New Franklin was $86,859 in 2021, which marked an an increase of 959(1.12%) from $85,900 in 2020. This income is 116.42% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, New Franklin sees its highest median household income among householders in the age group of 45 to 64 years old, at $106,536. Overall, the median household income for the city of New Franklin stands at $86,859.
In New Franklin, the median income for all workers aged 15 years and older, regardless of work hours, was $52,260 for males and $33,347 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $68,622 for males and $51,802 for females.
In New Franklin, there are just three different racial groups among households. Among these, Black or African American households report a median household income of $134,214, followed by White households at $87,434, and Two or More Races households with a median household income of $69,026.
In 2022, the population of New Franklin was 13,762, a 0.38% decrease year-by-year from 2021. Previously, in 2021, New Franklin's population was 13,815, a decline of 0.35% compared to a population of 13,864 in 2020.
The median age in New Franklin, OH is 48.6, as per 2021 ACS 5-Year Estimates. Of the total population, 15.45% were under the age of 15, 13.48% aged 15 to 29, 49.72% aged 30 to 64, 17.39% aged 65 to 84, and 3.97% were 85 years of age and older.
Racial distribution of New Franklin population: 95.12% are White, 0.86% are Black or African American, 0.38% are some other race and 3.64% are multiracial.