salaryRent here is among the highest 10% in the country. Household incomes are higher than in 96% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (91.5%) are owned, so rentals can be hard to find. It is a highly educated city: 77.1% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $118,200 a year. That is $57 an hour at a full-time job.
Is rent cheaper than other Pennsylvania cities?
No. Rent here is more expensive than in most of Pennsylvania. It is number 262 of 269 cities from cheapest to most expensive.
How much do households earn in Franklin Park?
Share of households by yearly income. 68.1% of households earn $100,000 or more.
Rent by apartment size in Franklin Park
| Size | Franklin Park | U.S. average |
|---|---|---|
| 2 bedrooms | $2,201 | $1,509 |
| 3 bedrooms | $2,723 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Franklin Park overall?
Everyday prices in Pennsylvania overall are 2% below the U.S. average (index 97.6, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Franklin Park, so the Pennsylvania figure is shown.
Taxes and bills in Franklin Park
Life in Franklin Park
Is it cheaper to rent or buy in Franklin Park?
Renting is cheaper right now: about $414 a month less.
Owning assumes a typical $485,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $48,560 for the down payment.
Frequently asked questions
What is the average rent in Franklin Park, PA?
Renting in Franklin Park costs a median of about $2,955 a month in 2026, including utilities. The Pennsylvania median is $1,367.
How much do I need to make to live in Franklin Park?
To keep rent under 30% of income, you need about $118,200 a year, or $57 an hour at a full-time job.
Is Franklin Park cheap or expensive?
Franklin Park is rated Cheap: rent takes 18.6% of the typical household income of $190,760. It ranks 262nd cheapest of 269 Pennsylvania cities we track.
How much are property taxes in Franklin Park?
The median homeowner in Franklin Park pays $6,924 a year in property taxes, about 1.43% of the median home value.
Is Franklin Park more expensive than the national average?
Overall prices in Pennsylvania are 2% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Franklin Park?
The median home value in Franklin Park is $485,600, about 2.5 times the typical yearly household income.
15,235 people live in Franklin Park. Numbers are typical (middle) values.