Franklin, IN Real Estate
According to census data in the year 2000 there were 7,547 housing units in Franklin.
This represents a 61.9% growth from 4,661 in 1990.
Of those housing units, 7,382 were located in either urbanized areas or urban clusters, and 165 were located in what is classified as a rural area.
Homeownership rate in Franklin is about 67.9%.
Franklin's vacancy rate, including seasonal lodging, is about 7.9%.
Average household size is 2.58 people.
The majority of houses, apartments or condos in Franklin were built after 1978.
|Housing Units by Size|
|Five Bedrooms or more||1.10%|
Owned Homes, Apartments and Condos
|Average Household Size||2.63|
|Median year structure was built||1984|
|Median Value of occupied units||$103,000|
|Median Price asked for vacant units||$97,300|
Rented Homes, Apartments and Condos
|Average Household Size||2.49|
|Median year structure was built||1969|
|Median Monthly Rent asked for vacant units||$650|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||6.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.1%|