Housing & Real Estate — Franklin, North Carolina

Overview

Total Housing Units2,192
Occupied1,995
Vacant197
Owner-Occupied1,127
Renter-Occupied868
Median Home Value (Census)$195,000
Estimated 2026~$206,000
Median Rent$738/mo
Median Property Tax$1,227/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income18.5%
Severely Rent-Burdened34.2%

Housing Age

Built 2010 or later140
Built 2000-2009267
Built 1990-1999235
Built before 1960472
Median Year Built1982
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.