Franklin, OH Real Estate
According to census data in the year 2000 there were 4,823 housing units in Franklin.
This represents a 14.6% growth from 4,208 in 1990.
Of those housing units, 4,636 were located in either urbanized areas or urban clusters, and 187 were located in what is classified as a rural area.
Homeownership rate in Franklin is about 59.5%.
Franklin's vacancy rate, including seasonal lodging, is about 5.2%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in Franklin were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 15.20% |
| Two Bedrooms | 29.70% |
| Three Bedrooms | 43.80% |
| Four Bedrooms | 9.40% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.68 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $92,200 |
| Median Price asked for vacant units | $78,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.25 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $443 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 10.40% |
| Home Equity Loan | 9.60% |
| Simple Mortgage | 47.90% |
| Debt Free | 31.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.5% |
