Franklin, AL Real Estate
According to census data in the year 2000 there were 72 housing units in Franklin.
This represents a 4.3% growth from 69 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 72 were located in what is classified as a rural area.
Homeownership rate in Franklin is about 95.1%.
Franklin's vacancy rate, including seasonal lodging, is about 15.3%.
Average household size is 2.36 people.
The majority of houses, apartments or condos in Franklin were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.20% |
| Two Bedrooms | 26.40% |
| Three Bedrooms | 55.60% |
| Four Bedrooms | 13.90% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.45 |
| Median year structure was built | 1973 |
| Median Value of occupied units | $64,600 |
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 | 69% |
| Debt Free | 31% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.8% |
