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Franklin Colonial, Roanoke,VA

Neighborhood Data
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Franklin Colonial is a charming neighborhood situated in the southeast part of Roanoke, VA, offering a welcoming atmosphere for those moving to the area. Known for its peaceful streets and friendly community vibe, this area is perfect for families, young professionals, and retirees alike. Residents enjoy a mix of well-maintained homes, some with classic colonial architecture, making it feel cozy yet full of character. One of the great perks of living in Franklin Colonial is the access to local parks and green spaces, where you can enjoy outdoor activities or simply relax on a sunny afternoon.

For those who love a bit of local flavor, Franklin Colonial boasts several standout attractions that add to its appeal. The neighborhood is close to the popular Franklin Road corridor, which is packed with an array of dining options, cozy cafes, and unique shops. Whether you’re craving a casual meal or want to explore local boutiques, there’s something here to satisfy every taste. Additionally, the nearby Jefferson Center provides cultural events, live performances, and community gatherings, giving residents plenty of opportunities to connect and enjoy the arts without traveling far.

One of the biggest advantages of living in Franklin Colonial is its convenient proximity to Downtown Roanoke. Just a short drive northwest, you can easily access the bustling heart of the city, where you’ll find a vibrant mix of restaurants, entertainment venues, and business centers. This makes commuting or enjoying city life hassle-free while still coming home to a quieter, more relaxed neighborhood setting. Overall, Franklin Colonial offers a balanced lifestyle, blending suburban comfort with easy access to urban amenities, making it a fantastic choice for anyone relocating to Roanoke.

Community Snapshot

Population 2,819
Density (People/sqml.) 2,613
Median Age 43.7
Married Couples
47%
47% of the population of Franklin Colonial aged 16 years and older are married.
Have Kids
19%
19% of the population aged 16 years or older have children.

19% of the Franklin Colonial population aged 16 and up are married, which is in line with national averages. This balance suggests a neighborhood with a healthy mix of families, couples, and single residents, creating a well-rounded community dynamic. You are likely to find a blend of stability and social variety, appealing to both long-term homeowners and younger professionals alike.

With only 19% of people over 16 having children, you can expect an easygoing environment that tends to attract residents seeking a quieter lifestyle. The atmosphere here leans more toward adult-oriented living. Without the constant rhythm of school schedules or kid-centered events, the community maintains a slower, more relaxed pace. This makes it especially appealing to singles, couples, and empty nesters who appreciate tranquil streets, and recreation on their own terms.

Age Breakdown

Franklin Colonial neighborhood age breakdown chart

Franklin Colonial demographics offer valuable insights into the character and lifestyle of the neighborhood, helping you understand who lives there and what daily life might feel like. Home to only about 2,819 residents, Franklin Colonial is notably smaller than many other Roanoke neighborhoods, creating a more peaceful and community-oriented atmosphere. Its lower population can translate to quieter streets, a more relaxed pace of life, and easier access to local amenities — all without sacrificing the vibrant urban lifestyle the city is known for.

Franklin Colonial has a population density of 2,613, which strikes a balanced feel when compared to other Roanoke neighborhoods. The area offers just the right mix of activity and breathing room, creating a community that’s lively yet comfortable, with easy access to amenities and everyday conveniences.

With an average age of 44, you're likely to find a well-balanced community where multiple generations live side by side. This mix of age groups contributes to a neighborhood atmosphere that’s both active and welcoming, offering a blend of fresh perspectives and long-standing community values.

Crime in Franklin Colonial

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Total Crime Incidents
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Types of Crime

Franklin Colonial neighborhood age breakdown chart

Franklin Colonial Crime Map

The Franklin Colonial crime map uses detailed block group boundaries from address-based crime data to visualize crime patterns across the neighborhood, highlighting both low-crime zones and areas with higher levels of reported crime. This crime heat map helps paint a clearer picture of local safety trends, showing how crime can vary from one part of the community to another. Keep in mind that areas with higher activity on the map don’t always equate to dangerous conditions — locations near entertainment districts, major roads, or tourist destinations often see more reports simply due to the larger number of people passing through.

Housing

? /10
Home Price $300,792
Median Rent $1,030
People/Household 2.1

Home Price Breakdown

Franklin Colonial neighborhood home price breakdown chart

Rent vs Own

Rent 40% Own 60%

Year Moved In

Before 2010 50% After 2010 50%

Types of Homes in the Area

Market Trends

Year-over-Year YoY data

 

Housing prices can reveal a lot about the balance and overall appeal of a neighborhood. In Franklin Colonial, the median home price is about $300,792, which is on par with many comparable areas. This average pricing reflects a stable, affordable housing market and makes the neighborhood an appealing choice for a wide range of buyers seeking both value and long-term potential. Examining how home prices and appreciation rates in Franklin Colonial have shifted over time can reveal important clues about the neighborhood’s future value. These trends help potential buyers and investors understand market momentum and determine whether the area is likely to deliver strong returns over the long term.

The median rent is around $1,030, which is on par with many comparable neighborhoods. This balanced pricing offers a mix of affordability and value, making it a practical choice for a wide range of renters.

Walkability & Lifestyle

Coffee Shops

Starbucks
Coffee Shop
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Mill Mountain Coffee
Coffee Shop
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Entertainment

Carmike 10
Cinema
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Patriots Stadium
Stadium
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Food & Drink

Alcohol
Alcohol
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Fast Food
Fast Food
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Groceries

Asian Grocer
Grocery Store
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Kroger
Grocery Store
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Parks

The Community Arboretum
Park
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Playground
Playground
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Shops

Luxury Nails
Beauty
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Punch best figure
Fashion
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Getting Around

Transit Stops

Bus Stop
Bus Stop
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Bus Stop
Bus Stop
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Transit Stations

Third Street Station
Bus Station
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Health & Safety

Medical Facilities

Walgreens
Pharmacy
min.
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Carilion Clinic Outpatient Therapy
Clinic
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Health Care

Roanoke Valley Dental
Dentist
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Grandin Family Dentistry
Dentist
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Safety

Virginia Western Community College Police
Police
min.
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Fire Station Number 8
Fire Station
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Top Neighborhood Schools

Name Category Grades Rating
Wasena Elementary
1125 Sherwood Ave Sw, Roanoke, VA
Elementary School PK - 5 School Score
Roanoke Valley Governor'S School
2104 Grandin Rd Sw, Roanoke, VA
Elementary School N - N School Score
Patrick Henry High
2102 Grandin Rd Sw, Roanoke, VA
High School 9 - 12 School Score
Cave Spring High
3712 Chaparral Dr, Roanoke, VA
High School 9 - 12 School Score
Green Valley Elementary
3838 Overdale Rd, Roanoke, VA
Elementary School PK - 5 School Score
Roanoke Catholic School
621 N Jefferson St, Roanoke, VA
High School PK - 12 School Score
Faith Christian School
3585 Buck Mountain Rd, Roanoke, VA
High School PK - 12 School Score

Education Level Achieved

School ratings in Franklin Colonial combine factors like student performance, graduation rates, and standardized test scores to provide a clear picture of overall educational quality. The use of NAEP (National Assessment of Educational Progress) scores adds valuable context by offering a consistent national benchmark to see how local schools compare on a broader scale. Additionally, understanding the overall education level achieved by residents in Franklin Colonial can give insight into the community’s priorities and opportunities, helping families make more informed decisions about where to live and how well local schools may support long-term student success.

Economy

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Income Per Capita $59,004
Household Income $92,270
Unemployment 1.8%

Income Breakdown

Franklin Colonial Income breakdown chart

Employment by Industry

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The economic makeup of a neighborhood often tells a deeper story about its lifestyle, opportunities, and overall character. In Franklin Colonial, median household incomes average $92,270, which is higher than many surrounding neighborhoods. This elevated earning power helps support a more upscale environment, offering residents access to premium amenities, well-maintained surroundings, and a standard of living that emphasizes comfort and quality.

The strength of a neighborhood’s local economy is often reflected in its employment landscape, shaping daily life and long-term stability for residents. In Franklin Colonial, the unemployment rate is just 2%, indicating a strong and resilient community with steady economic growth, active local businesses, and a high quality of life.

Frequently Asked Questions

What are some of the highlights?

Franklin Colonial is known for its charming mid-20th-century homes and mature tree-lined streets. One highlight is its proximity to the beautiful Roanoke River Greenway, perfect for walking, biking, and enjoying nature. Residents also appreciate the nearby Franklin Road Park, which offers recreational facilities and open spaces for families and outdoor activities.

Are there any notable landmarks or historical sites?

Yes, Franklin Colonial boasts several historical sites that reflect Roanoke's rich past. The nearby Roanoke Valley Veterans Memorial commemorates local veterans and is a point of pride for the community. Additionally, the neighborhood is close to the historic Mill Mountain Star and Park, offering scenic views and a glimpse into the area's heritage.

Are there major highways or transit lines nearby?

Franklin Colonial is conveniently located near major thoroughfares such as US Route 220 and Interstate 581, providing easy access to other parts of Roanoke and beyond. Public transportation is available via the Valley Metro bus system, which has routes running close to the neighborhood, making commuting and travel within the city accessible and efficient.

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