Franklin, IL Real Estate
According to census data in the year 2000 there were 235 housing units in Franklin.
This represents a 2.1% decline from 240 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 235 were located in what is classified as a rural area.
Homeownership rate in Franklin is about 77.9%.
Franklin's vacancy rate, including seasonal lodging, is about 5.5%.
Average household size is 2.71 people.
The majority of houses, apartments or condos in Franklin were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 2.10% |
| Two Bedrooms | 30.20% |
| Three Bedrooms | 49.80% |
| Four Bedrooms | 14.50% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.71 |
| Median year structure was built | 1952 |
| Median Value of occupied units | $62,500 |
| Median Price asked for vacant units | $13,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.71 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $392 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.60% |
| Home Equity Loan | 2.80% |
| Simple Mortgage | 59% |
| Debt Free | 30.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.4% |
