Franklin, TN Real Estate
According to census data in the year 2000 there were 17,214 housing units in Franklin.
This represents a 96.8% growth from 8,748 in 1990.
Of those housing units, 17,083 were located in either urbanized areas or urban clusters, and 131 were located in what is classified as a rural area.
Homeownership rate in Franklin is about 63.5%.
Franklin's vacancy rate, including seasonal lodging, is about 6.5%.
Average household size is 2.55 people.
The majority of houses, apartments or condos in Franklin were built after 1991.
|Housing Units by Size|
|Five Bedrooms or more||2.50%|
Owned Homes, Apartments and Condos
|Average Household Size||2.83|
|Median year structure was built||1992|
|Median Value of occupied units||$184,500|
|Median Price asked for vacant units||$207,900|
Rented Homes, Apartments and Condos
|Average Household Size||2.07|
|Median year structure was built||1988|
|Median Monthly Rent asked for vacant units||$795|
Owners Finance Status
|Second Mortgage & Equity Loan||0.40%|
|Home Equity Loan||11.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||20.2%|