New Franklin is a small town of 1,057 in Missouri, with a median household income of $47,768
and a 2.2% unemployment rate.
Its cost of living index is 89 (US average = 100), which is
11% below the national average.
Strengths:
New Franklin stands out for an affordable cost of living, below-average home prices, solid school ratings (B+).
Trade-offs:
Potential downsides include longer commutes. Whether New Franklin is right for you depends on your priorities — the full breakdown is below.
All New Franklin city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 89.3
New Franklin's overall cost of living index is 89.3,
where 100 represents the US national average.
Living in New Franklin costs roughly 11% less than the average American city.
Metric
New Franklin, MO
National Avg
Median Home Value
$109,400
$244,900
Median Monthly Rent
$803
$1,163
Homeownership Rate
72.2%
65.9%
Median Household Income
$47,768
$74,755
Crime & Safety
Very Safe
New Franklin's violent crime rate is 220.0 per 100,000 residents
— 42% lower than the national average of ~380 per 100,000.
Violent Crime
220.0 /100k
Property Crime
320.0 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
New Franklin is served primarily by NEW FRANKLIN R-I.
The student-to-teacher ratio is 10.3:1
(better than the national average of ~16:1).
Metric
New Franklin, MO
National Avg
School District
NEW FRANKLIN R-I
—
Elementary Schools
1
—
Middle Schools
N/A
—
High Schools
1
—
Student/Teacher Ratio
10.3:1
16:1
Bachelor's Degree or Higher
20.5%
35.4%
High School Diploma or Higher
83.1%
91.1%
Weather & Climate
New Franklin sees average highs of 37.8°F in January
and 87.2°F in July,
with 41.5 inches of annual precipitation
and 10.3 inches of snow per year.
New Franklin's cost of living index is 89, where 100 is the national average.
That makes New Franklin roughly 11% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $109,400 and median rent is $803/month.
New Franklin's violent crime rate is 220.0 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 320.0 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in New Franklin are operated by NEW FRANKLIN R-I.
The district has 1 elementary, several middle, and 1 high schools.
The student-to-teacher ratio is 10.3:1. 20.5% of adults 25+ hold a bachelor's degree or higher.
New Franklin, MO has a population of 1,057, a median household income of $47,768, and an unemployment rate of 2.2%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
New Franklin averages 37.8°F in January and 87.2°F in July. Annual rainfall is 41.5 inches
with about 10.3 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
New Franklin, MO is covered by 1 ZIP code: 65274.
The population of New Franklin, Missouri is 1,057 with a median age of 39.8. Source: US Census ACS 5-Year Estimates.
Key numbers for living in New Franklin: cost of living index 89 (100 = US average), median home $109,400, median household income $47,768, crime index 41 (100 = US average, lower is safer), schools rated B+. Whether these are benefits or drawbacks depends on where you're coming from — compare New Franklin side by side with your current city to see the trade-offs.