New Franklin, OH's Data
About New Franklin, OH's
New Franklin is a city situated in Summit County, Ohio, United States. Formally designated as a city in 1997, it emerged from the merger of the former Franklin Township and the village of New Franklin. The city is part of the Akron Metropolitan Statistical Area and is known for its serene residential communities and lush green spaces. Its geographical setting includes a portion of the Portage Lakes, which play a significant role in both its history and leisure activities.
City: New Franklin
State: Ohio
Country: United States
Population: Approximately 14,000
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in New Franklin, OH
Hike: Here are a couple of local trails to check out!
Local Attractions in New Franklin, OH
Portage Lakes State Park - Offers boating, fishing, and swimming opportunities across multiple lakes.
Turkeyfoot Golf Course - An 18-hole golf course known for its challenging layout and scenic views.
Craftsmen Park - Features a variety of recreational activities including picnic areas, sports fields, and a swimming beach.
Portage Lakes Disc Golf Course - A popular disc golf course set against the backdrop of the Portage Lakes.
Nimisila Reservoir - A popular spot for camping, kayaking, and observing wildlife.
The Economy of New Franklin, OH
The economy of New Franklin is largely characterized by local businesses and services that cater to the needs of its residents. While not a major industrial hub, the city benefits from its proximity to Akron, allowing residents to access larger employment markets. The local economy is supported by sectors such as retail, healthcare, and education, with public schooling being one of the significant employers.
New Franklin, OH Inflation
Understanding the BLS and Inflation in New Franklin, OH
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like New Franklin, OH. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from New Franklin, OH understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in New Franklin, OH using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from New Franklin, OH when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in New franklin, OH
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