Franklin, PA Real Estate
According to census data in the year 2000 there were 3,281 housing units in Franklin.
This represents a 4.3% decline from 3,430 in 1990.
Of those housing units, 3,281 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Franklin is about 57.4%.
Franklin's vacancy rate, including seasonal lodging, is about 7.7%.
Average household size is 2.27 people.
The majority of houses, apartments or condos in Franklin were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 17.30% |
| Two Bedrooms | 24.80% |
| Three Bedrooms | 36.80% |
| Four Bedrooms | 14.70% |
| Five Bedrooms or more | 5.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $49,300 |
| Median Price asked for vacant units | $31,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.89 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $303 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 5.30% |
| Home Equity Loan | 7.10% |
| Simple Mortgage | 47.80% |
| Debt Free | 39.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.5% |
