Franklin, TX Real Estate
According to census data in the year 2000 there were 612 housing units in Franklin.
This represents a 0.5% decline from 615 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 612 were located in what is classified as a rural area.
Homeownership rate in Franklin is about 62.3%.
Franklin's vacancy rate, including seasonal lodging, is about 13.4%.
Average household size is 2.45 people.
The majority of houses, apartments or condos in Franklin were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 12.60% |
| Two Bedrooms | 35.10% |
| Three Bedrooms | 46.40% |
| Four Bedrooms | 4.90% |
| Five Bedrooms or more | 0.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $51,700 |
| Median Price asked for vacant units | $25,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.35 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $343 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.40% |
| Home Equity Loan | 0% |
| Simple Mortgage | 36.90% |
| Debt Free | 60.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.7% |
