Franklin, IA Real Estate
According to census data in the year 2000 there were 55 housing units in Franklin.
This represents a 5.2% decline from 58 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 55 were located in what is classified as a rural area.
Homeownership rate in Franklin is about 94.5%.
Average household size is 2.31 people.
The majority of houses, apartments or condos in Franklin were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3.60% |
| Two Bedrooms | 49.10% |
| Three Bedrooms | 36.40% |
| Four Bedrooms | 7.30% |
| Five Bedrooms or more | 3.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $62,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 0.67 |
| Median year structure was built | 1975 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 52.30% |
| Debt Free | 47.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15% |
