Franklin, VA Real Estate
According to census data in the year 2000 there were 3,767 housing units in Franklin.
This represents a 19% growth from 3,166 in 1990.
Of those housing units, 3,688 were located in either urbanized areas or urban clusters, and 79 were located in what is classified as a rural area.
Homeownership rate in Franklin is about 53.6%.
Franklin's vacancy rate, including seasonal lodging, is about 10.2%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Franklin were built after 1970.
|Housing Units by Size|
|Five Bedrooms or more||2.70%|
Owned Homes, Apartments and Condos
|Average Household Size||2.47|
|Median year structure was built||1968|
|Median Value of occupied units||$94,900|
|Median Price asked for vacant units||$115,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.28|
|Median year structure was built||1972|
|Median Monthly Rent asked for vacant units||$330|
Owners Finance Status
|Second Mortgage & Equity Loan||0.80%|
|Home Equity Loan||8.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.2%|