Franklin Park is a somewhat small borough located in the state of Pennsylvania. With a population of 14,415 people and two constituent neighborhoods, Franklin Park is the 74th largest community in Pennsylvania.
Franklin Park home prices are not only among the most expensive in Pennsylvania, but Franklin Park real estate also consistently ranks among the most expensive in America.
Franklin Park is a decidedly white-collar borough, with fully 92.01% of the workforce employed in white-collar jobs, well above the national average. Overall, Franklin Park is a borough of professionals, managers, and sales and office workers. There are especially a lot of people living in Franklin Park who work in management occupations (22.12%), healthcare (12.62%), and sales jobs (8.54%).
Also of interest is that Franklin Park has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 7.59% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Franklin Park is home to many people who could be described as "urban sophisticates", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.
Because of many things, Franklin Park is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Franklin Park really has some of the features that families look for when choosing a good community to raise children. Is Franklin Park perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
If knowledge is power, Franklin Park is a pretty powerful place. 68.20% of the adults in Franklin Park have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Franklin Park in 2010 was $52,708, which is wealthy relative to Pennsylvania and the nation. This equates to an annual income of $210,832 for a family of four.
Franklin Park is a somewhat ethnically-diverse borough. The people who call Franklin Park home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Franklin Park residents report their race to be White, followed by Asian. Important ancestries of people in Franklin Park include Irish, Italian, English, and Polish.
The most common language spoken in Franklin Park is English. Other important languages spoken here include Chinese and Korean.