Franklin, KY Real Estate

According to census data in the year 2000 there were 3,601 housing units in Franklin. This represents a 10.6% growth from 3,257 in 1990.

Of those housing units, 3,495 were located in either urbanized areas or urban clusters, and 106 were located in what is classified as a rural area.

Homeownership rate in Franklin is about 65.4%. Franklin's vacancy rate, including seasonal lodging, is about 9.9%. Average household size is 2.36 people.

The majority of houses, apartments or condos in Franklin were built after 1969.


Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom8.60%
Two Bedrooms32.80%
Three Bedrooms45.40%
Four Bedrooms10.50%
Five Bedrooms or more1.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1968
Median Value of occupied units$76,300
Median Price asked for vacant units$72,400

Rented Homes, Apartments and Condos

Average Household Size2.39
Median year structure was built1969
Median Monthly Rent asked for vacant units$368

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.20%
Home Equity Loan6%
Simple Mortgage40.80%
Debt Free47%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.4%