Living in Franklin Square, NY, provides a unique blend of community engagement and cultural diversity, making it an ideal place for families. The neighborhood is known for its strong sense of community, lower crime rates, and numerous parks and recreational facilities. Despite the moderate housing affordability, residents enjoy diverse dining options, quality schools, and a variety of local events that encourage connections. Nonetheless, the cost of living can be higher than the national average, affecting financial stability for some families. Exploring the various aspects of life in Franklin Square can reveal even more about this vibrant community.
Pros of Living in Franklin Square, NY
PROS OF LIVING IN FRANKLIN SQUARE, NY
1. COMMUNITY SPIRIT
Franklin Square is known for its close-knit community atmosphere. Residents often comment on the welcoming nature of their neighbors.
With regular events like street fairs, farmers' markets, and holiday celebrations, it's easy to engage with others. The local schools and organizations often come together to encourage community involvement, making it an ideal place for families to nurture relationships and support a supportive environment.
2. FAMILY-FRIENDLY ENVIRONMENT
Living in Franklin Square is appealing for families due to its reputation for safety and accessibility. The general crime rate in this area is approximately 47% lower than the national average, making it a prime spot for those concerned about safety for their children.
Parks, recreational facilities, and family-oriented programs make it easy for families to spend quality time together. The community is designed for various age groups, ensuring that families feel secure and engaged.
3. HOUSING AFFORDABILITY
One of the notable aspects of Franklin Square is its affordability relative to nearby neighborhoods. The median home price in Franklin Square is about $570,000, which is more reasonable when compared to other areas in Nassau County where prices can skyrocket over $1 million.
This affordability allows families to invest in their homes and create a space that suits their needs while securing a good quality of life.
4. DIVERSE CULTURE
Franklin Square boasts a diverse population, with numerous cultures represented in the community. This diversity is evident in local restaurants, shops, and community events, providing a rich mosaic of cultural experiences.
Festivals celebrating various heritages are commonplace, allowing residents to learn from one another and appreciate the shared values that make Franklin Square an inviting place to live.
5. RECREATIONAL OPTIONS
The area offers extensive recreational options for individuals and families alike. With over 20 parks within a short distance, residents can enjoy outdoor activities such as soccer, baseball, and picnicking.
Additionally, the nearby Bellmore-Merrick area provides facilities for swimming, hiking, and various sports leagues, ensuring that outdoor recreation is easily accessible. The local recreational programs cater to all age groups, encouraging an active lifestyle.
Cons of Living in Franklin Square, NY
CONS OF LIVING IN FRANKLIN SQUARE, NY
1. HIGH COST OF LIVING
Franklin Square's cost of living is notably above the national average. The cost of living index in this area is approximately 132.4, compared to the U.S. average of 100.
Housing costs alone are a major contributor, as the median home price in Franklin Square is around $600,000, making it unaffordable for many families. Renting is not much easier, with average rents averaging $2,800 per month for a two-bedroom apartment. This intense financial burden can limit residents' ability to save or invest.
2. ELEVATED PROPERTY TAXES
Property taxes in Franklin Square can be quite burdensome as well. Residents face an average property tax rate of 1.78%, compared to the national average of 1.1%.
This discrepancy means homeowners end up paying thousands of dollars more in taxes. For a median home price of $600,000, homeowners can expect to pay approximately $10,680 annually in property taxes. Such high taxes can discourage potential buyers or lead to financial stress for current homeowners, particularly those on fixed incomes.
3. RISING UTILITY COSTS
The cost of utilities in Franklin Square also poses a challenge. Monthly utility bills, which typically include electricity, heating, cooling, water, and garbage, are estimated to be around $250.
This is notably higher than the national average of about $160. The combination of rising gas and electric prices along with increasing demand makes it difficult for residents to manage monthly expenses comfortably, especially for larger families.
4. EXPENSIVE GROCERY PRICES
Grocery prices in Franklin Square can be steep as well. The grocery cost index stands at approximately 116, well above the national average of 100.
For example, common grocery items such as milk can cost about $4.50 per gallon, while a carton of eggs may run $3.50. These inflated food prices can hit families particularly hard, forcing them to allocate a greater share of their monthly income towards essential food items, which limits discretionary spending on other necessities.
5. LIMITED INCOME GROWTH
While the median household income in Franklin Square is about $115,000, the rapid increase in living expenses makes it increasingly challenging for many families to get ahead.
Coupled with the high cost of living, inflation continues to erode the purchasing power of residents. In addition, entry-level jobs and wages have not seen proportional increases, leaving many individuals and families struggling to keep pace with basic living costs and taxes.
This discrepancy can result in increased financial anxiety and dissatisfaction among residents in the long term.
Cost of Living in Franklin Square, NY
COST OF LIVING IN FRANKLIN SQUARE, NY
Franklin Square, located in the suburbs of Long Island, has a cost of living that is markedly higher than the national average. Housing is a considerable expense, with the median home price around $625,000, which is considerably more than the national figure of approximately $348,000. Renters can expect to pay about $2,600 per month for a two-bedroom apartment, compared to the national average of $1,200. Aside from housing, grocery prices tend to be higher as well, averaging about $420 per month for a family, against the national average of $400.
Utilities in Franklin Square typically run around $200 per month, slightly above the national average of $150. Transportation costs also reflect the area's high living expenses; a monthly public transport pass is about $127, while gas prices hover around $3.79 per gallon. Healthcare expenses average about $5,000 annually per person, compared to the national average of $4,500. As a result, prospective residents should keep these costs in mind when considering a move to Franklin Square, as it tends to align closely with higher living expenses typical of many areas in Nassau County.
Cost of Living in Franklin Square, NY
| Expense Category | Franklin Square | National Average |
|---|---|---|
| Median Home Price | $625,000 | $348,000 |
| Average Rent (2BR) | $2,600 | $1,200 |
| Monthly Groceries | $420 | $400 |
| Monthly Utilities | $200 | $150 |
| Public Transport Pass | $127 | $75 |
| Gas Price (per gallon) | $3.79 | $3.40 |
| Annual Healthcare | $5,000 | $4,500 |
History of Franklin Square, NY
HISTORY OF FRANKLIN SQUARE, NY
Franklin Square was established in the late 19th century, becoming a census-designated place in 1950, reflecting its growth and development in the post-war era.
The surrounding area of Nassau County has a rich past dating back to the 17th century when it was inhabited by the Algonquin-speaking Native Americans and later settled by European colonists.
The arrival of the Long Island Rail Road in the 1880s greatly contributed to the area's suburban expansion, as residents flocked to the region for its proximity to New York City.
Key industries included agriculture and manufacturing, which helped form the local economy.
Franklin Square is home to historic landmarks like the Franklin Square Historical Society and the memorial park dedicated to those who served in various wars.
The area hosts annual events such as the Franklin Square Parade and the 4th of July celebration, encouraging community spirit and tradition.
Over the years, notable migration patterns have shaped the varied cultural environment, with various communities adding to Franklin Square's distinct character.
Notable figures include local politicians and educators who have played crucial roles in the development of the region, further enriching its history.
Quality of Life and Weather in Franklin Square, NY
QUALITY OF LIFE AND WEATHER IN FRANKLIN SQUARE, NY
Franklin Square offers a high quality of life with a suburban feel that residents appreciate, encapsulated by the community's emphasis on access to green spaces and recreational areas, such as the nearby Eisenhower Park, which spans over 930 acres.
The air quality in this region generally remains good, even amidst busy urban development, and the annual mean precipitation of about 45 inches supports the lush surroundings.
Franklin Square experiences four distinct seasons, with warm summers averaging 80°F and cold winters averaging 30°F, providing residents with a variety of outdoor activities year-round, though winter storms and hurricanes are notable weather-related concerns.
Residents maintain a strong appreciation for the local environment, often voicing opinions that prioritize natural beauty and proactive environmental policies.
Healthcare services in the area are robust, with access to numerous local hospitals and clinics enhancing livability, and public sentiment frequently reflects a positive view of quality of life in Franklin Square, emphasizing the community's strong commitment to safety and well-being.
Education in Franklin Square, NY
EDUCATION IN FRANKLIN SQUARE, NY
Franklin Square falls under the East Meadow School District, which has a strong reputation, with most schools receiving ratings of 8 to 10 out of 10 on GreatSchools. Notable schools in the district include Barnum Woods Elementary School and East Meadow High School, both acknowledged for their academic excellence.
While there are some private options locally, such as St. Catherine of Siena School, residents often look to nearby towns for more charter schools. In the wider area of Nassau County, schools generally maintain a student-to-teacher ratio of about 12:1, reflecting a personalized educational environment.
Graduation rates in this region are impressively high at approximately 90%, showcasing strong performance in preparing students for post-secondary education. The average class size hovers around 22 students, allowing for engaging interaction.
Extracurricular programs are abundant, including sports, arts, and clubs, funded by a healthy education budget that continues to rise to meet community needs.
For higher education, several universities are accessible within a 30-minute drive, including Hofstra University and Nassau Community College, broadening educational opportunities for residents.
Employment Opportunities in Franklin Square, NY
EMPLOYMENT OPPORTUNITIES IN FRANKLIN SQUARE, NY
Franklin Square, NY, benefits from its proximity to Long Island and the greater New York City area, promoting a diverse job market primarily driven by the healthcare, retail, and education sectors.
The job market in this region is relatively stable with an unemployment rate around 4.1%, reflecting national trends. Common job types include healthcare professionals, retail associates, and administrative roles, with positions such as nurses, store managers, and teachers being particularly prominent.
The average salary in the area fluctuates between $50,000 and $85,000, depending heavily on the industry and job level. Major employers include institutions like Northwell Health and various retail chains, providing considerable employment opportunities.
Career growth is generally positive, with a median income growth rate of approximately 3% annually, encouraging a competitive atmosphere, particularly in healthcare and skilled trades.
For those seeking additional opportunities, nearby areas such as Westbury and Hempstead offer a wider array of positions within a short 10-15 minute drive.
Recreation and Attractions in Franklin Square, NY
Franklin Square, NY, offers a variety of recreational options and attractions that cater to residents and visitors alike.
Enjoy a vibrant community atmosphere while exploring:
- Beautiful parks for picnicking and relaxation
- Family-friendly playgrounds for children's enjoyment
- Walking trails for fitness enthusiasts and nature lovers
- Local restaurants and cafes for delightful dining experiences
These options contribute to a fulfilling lifestyle in this charming neighborhood.
Real Estate in Franklin Square, NY
A diverse range of real estate options is available in Franklin Square, NY, making it an attractive location for both prospective homeowners and investors. The market consists of single-family homes, condos, and townhouses at various price points. Below is an overview of the prevalent property types:
| Property Type | Average Price | Features |
|---|---|---|
| Single-Family Home | $550,000 | 3-4 Bedrooms, Yard |
| Condo | $325,000 | 2 Bedrooms, Amenities |
| Townhouse | $450,000 | 3 Bedrooms, Garage |
Transportation in Franklin Square, NY
Maneuvering through the transportation scenery in Franklin Square, NY, is aided by a mix of public and private options that cater to the needs of residents.
Options include:
- Accessible bus services connecting to nearby communities
- The Long Island Rail Road providing convenient commutes
- Major roadways facilitating easy car travel
- Proximity to local airports offering regional connectivity
These elements improve mobility within the area.