Franklin, MA Real Estate
According to census data in the year 2000 there were 10,327 housing units in Franklin.
This represents a 186.5% growth from 3,604 in 1990.
Of those housing units, 9,781 were located in either urbanized areas or urban clusters, and 546 were located in what is classified as a rural area.
Homeownership rate in Franklin is about 81.4%.
Franklin's vacancy rate, including seasonal lodging, is about 1.7%.
Average household size is 2.85 people.
The majority of houses, apartments or condos in Franklin were built after 1975.
|Housing Units by Size|
|Five Bedrooms or more||3.80%|
Owned Homes, Apartments and Condos
|Average Household Size||3.06|
|Median year structure was built||1981|
|Median Value of occupied units||$227,100|
|Median Price asked for vacant units||$191,300|
Rented Homes, Apartments and Condos
|Average Household Size||1.95|
|Median year structure was built||1961|
|Median Monthly Rent asked for vacant units||$585|
Owners Finance Status
|Second Mortgage & Equity Loan||0.10%|
|Home Equity Loan||13.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||20.9%|