Franklin Park is a somewhat small borough located in the state of Pennsylvania. With a population of 14,885 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 93.48% 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 (20.49%), healthcare (13.58%), and sales jobs (10.57%).
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: 8.66% 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". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
Franklin Park is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The borough’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Franklin Park’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
One downside of living in Franklin Park is that it can take a long time to commute to work. In Franklin Park, the average commute to work is 31.03 minutes, which is quite a bit higher than the national average.
If knowledge is power, Franklin Park is a pretty powerful place. 71.74% 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 2018 was $63,389, which is wealthy relative to Pennsylvania and the nation. This equates to an annual income of $253,556 for a family of four.
Franklin Park is a very 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 German, Irish, Italian, Polish, and English.
The most common language spoken in Franklin Park is English. Other important languages spoken here include Chinese and Langs. of India.