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Franklin, WI Real Estate


According to census data in the year 2000 there were 10,956 housing units in Franklin. This represents a 41.3% growth from 7,753 in 1990.

Of those housing units, 10,303 were located in either urbanized areas or urban clusters, and 653 were located in what is classified as a rural area.

Homeownership rate in Franklin is about 78.3%. Franklin's vacancy rate, including seasonal lodging, is about 3.1%. Average household size is 2.59 people.

The majority of houses, apartments or condos in Franklin were built after 1982.

Statistics

Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom7.90%
Two Bedrooms25.90%
Three Bedrooms49.50%
Four Bedrooms14.20%
Five Bedrooms or more1.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.81
Median year structure was built1982
Median Value of occupied units$156,400
Median Price asked for vacant units$121,900

Rented Homes, Apartments and Condos

Average Household Size1.76
Median year structure was built1982
Median Monthly Rent asked for vacant units$700

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage8.90%
Home Equity Loan18.10%
Simple Mortgage50.70%
Debt Free22%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.5%