Franklin, WI Real Estate
According to census data in the year 2000 there were 10,956 housing units in Franklin.
This represents a 41.3% growth from 7,753 in 1990.
Of those housing units, 10,303 were located in either urbanized areas or urban clusters, and 653 were located in what is classified as a rural area.
Homeownership rate in Franklin is about 78.3%.
Franklin's vacancy rate, including seasonal lodging, is about 3.1%.
Average household size is 2.59 people.
The majority of houses, apartments or condos in Franklin were built after 1982.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 7.90% |
| Two Bedrooms | 25.90% |
| Three Bedrooms | 49.50% |
| Four Bedrooms | 14.20% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.81 |
| Median year structure was built | 1982 |
| Median Value of occupied units | $156,400 |
| Median Price asked for vacant units | $121,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.76 |
| Median year structure was built | 1982 |
| Median Monthly Rent asked for vacant units | $700 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 8.90% |
| Home Equity Loan | 18.10% |
| Simple Mortgage | 50.70% |
| Debt Free | 22% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.5% |
