Franklin, AR Real Estate
According to census data in the year 2000 there were 93 housing units in Franklin.
This represents a 10.7% growth from 84 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 93 were located in what is classified as a rural area.
Homeownership rate in Franklin is about 75.3%.
Franklin's vacancy rate, including seasonal lodging, is about 12.9%.
Average household size is 2.33 people.
The majority of houses, apartments or condos in Franklin were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.20% |
| Two Bedrooms | 40.90% |
| Three Bedrooms | 51.60% |
| Four Bedrooms | 5.40% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.48 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $33,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.9 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $225 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 4.80% |
| Simple Mortgage | 57.10% |
| Debt Free | 38.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.6% |
