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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 Type0%
One Bedroom3.60%
Two Bedrooms49.10%
Three Bedrooms36.40%
Four Bedrooms7.30%
Five Bedrooms or more3.60%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1970
Median Value of occupied units$62,000

Rented Homes, Apartments and Condos

Average Household Size0.67
Median year structure was built1975

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage52.30%
Debt Free47.70%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs15%