Franklin Square, NY Utility & Living Guide

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Tier 3 Location

Franklin Square, NY Utility & Living Guide

Franklin Square offers a suburban lifestyle with easy access to New York City, featuring tree-lined streets and a strong sense of community.

Last updated: June 25, 2026
Total Utilities$305/mo
1BR Rent$1200/mo
Sales Tax7.5%
COL Index105 (+5% above national average)
Family Score6/10
Median Home$320,000
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⚠️ Natural Hazard History — Franklin Square
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💰 Budget Calculator
🔌 Utilities
🏠 Housing
📊 Cost of Living
💰 Taxes
👨‍👩‍👧 Families
🧮 Tools

Monthly Utility Costs

⚡ Electric

$120/mo

PSEG Long Island
🔥 Gas

$50/mo

National Grid
💧 Water

$45/mo

Franklin Square Water District
🗑️ Garbage

$25/mo

Franklin Square Sanitation Department
📶 Internet

$65/mo

Combined Average Overhead $305/month

Housing Market

Rent & Property
1 Bedroom$1200/mo
2 Bedrooms$1600/mo
3 Bedrooms$2100/mo
Median Home Price$320,000
Property Tax Rate1.2%
Avg Childcare/mo$1000

The housing market in Franklin Square is competitive, with steady demand for single-family homes. Prices have risen modestly due to its proximity to NYC and good school districts.

Cost of Living

Overall COL Index

105

US national avg = 100
vs National Avg

+5% above national average

Groceries

102

Transportation

98

Healthcare

100

Childcare/mo

$1000

Tax Rates

Tax Overview
Total Sales Tax7.5%
Property Tax Rate1.2%
<p>State 4% + County 3.5% + City 0%</p>

New York State has a progressive income tax ranging from 4% to 8.82% depending on income level.

Family & Relocation

Family Vibe Score
6/10
Safety Index

50

Higher = safer
School Rating

6.5/10

GreatSchools avg
Avg Childcare

$1000/mo

City Pulse

Population Trend
+2% (growing)
Political Climate
Purple (mixed Democratic and Republican leanings)
Business Momentum
Moderate with key industries in retail, healthcare, and professional services.
Top Local Concerns
Property taxes, traffic congestion, school funding
🚌 Transit for Families

Public transit is limited but stroller-friendly buses and nearby LIRR stations provide access to NYC.

🎡 Top Kid Attractions
  • 🎯
    Franklin Square Public Library
  • 🎯
    Rath Park
  • 🎯
    local playgrounds

Best Neighborhoods for Families

Areas near Rath Park and the Franklin Square Public Library are popular for families due to their proximity to schools and parks.

Household Budget Calculator

Estimate your real monthly cost of living in Franklin Square based on your household profile.

Local Briefing & Neighborhood Pulse

Live Local News

Residents must obtain permits for home renovations and adhere to local zoning laws. Noise ordinances are strictly enforced.

Franklin Square is seeing increased investment in local businesses and infrastructure. Home values are rising due to demand from families seeking suburban living near NYC.

Financial Tools

Calculators
Planning Tools

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📊 Franklin Square — Census & Demographic Data

Official data from the US Census Bureau, American Community Survey.

💰 Median Household Income
$123,334
👤 Median Age
40.5
🏠 Homeownership Rate
84.3%
🔑 Renter Rate
15.7%
📉 Poverty Rate
4.9%
💼 Unemployment Rate
3.4%
📡 Internet Access
92.1%
🎓 College Educated
33.5%

☀️ Seasonal Utility Costs

Utility costs peak in winter due to heating needs and in summer due to air conditioning usage. Spring and fall typically see lower utility bills.

🏛️ Local Tax Details

Key ZIP code level tax info: Property tax millage rates vary by school district, with no local surtaxes specific to Franklin Square.

👶 Family & Stroller Friendliness

7/10 with explanation: Sidewalks are well-maintained, parks are accessible, but elevator access in transit is limited.

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