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Real Estate Prices & Overview

Franklin Park median real estate price is $695,119, which is more expensive than 92.2% of the neighborhoods in Ohio and 70.3% of the neighborhoods in the U.S.

The average rental price in Franklin Park is currently $1,435, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 58.3% of Ohio neighborhoods.

Franklin Park is a suburban neighborhood (based on population density) located in Columbus, Ohio.

Franklin Park real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Franklin Park neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Franklin Park. The current real estate vacancy rate here is 20.2%. This is higher than the rate of vacancies in 88.6% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Columbus, the Franklin Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The first thing that you'll notice if you moved to this neighborhood is that an astounding 3.4% of the households are same sex couples. According to NeighborhoodScout's analysis, this is a higher proportion of same sex households than in 99.4% of the neighborhoods in America. This is one indicator that this neighborhood is likely a gay-friendly neighborhood. So if you are looking for such a neighborhood, the Franklin Park neighborhood should definitely be on your list of places to consider.

Occupations

Each year, fewer and fewer Americans make their living as farmers, foresters, or fishers. But the Franklin Park neighborhood truly stands out among U.S. neighborhoods. According to exclusive NeighborhoodScout analysis, this neighborhood has a greater proportion of farmers, foresters, or fishers than 95.4% of all American neighborhoods. This is truly a unique cultural characteristic of this neighborhood.

Real Estate

If you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 63.2% of the residential real estate in the Franklin Park neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 97.4% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Diversity

Did you know that the Franklin Park neighborhood has more Greek and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.9% of this neighborhood's residents have Greek ancestry and 11.4% have Sub-Saharan African ancestry.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Franklin Park neighborhood in Columbus are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 46.7% of the neighborhoods in America. With 33.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 85.2% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Franklin Park neighborhood, 64.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 14.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (8.9%), and 8.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Franklin Park neighborhood is English, spoken by 95.3% of households. Some people also speak Spanish (2.0%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Franklin Park neighborhood in Columbus, OH, residents most commonly identify their ethnicity or ancestry as German (18.4%). There are also a number of people of Irish ancestry (15.9%), and residents who report English roots (14.6%), and some of the residents are also of Sub-Saharan African ancestry (11.4%), along with some Italian ancestry residents (4.0%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Franklin Park neighborhood spend between 15 and 30 minutes commuting one-way to work (48.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (58.1%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (5.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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