Latest available · Census ACS 5-Year (2024)
What Is the Median Home Value in Franklin city, Indiana?
City · Census ACS 5-Year estimates
The median home value in Franklin city, Indiana is $231,500 (±$10,439), based on Census ACS 5-Year estimates (2024). The median gross rent is $1,186/month, and the median household income is $82,380/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Franklin city, Indiana
| Metric | Value |
|---|---|
| Median Home Value | $231,500 |
| Median Gross Rent | $1,186 |
| Median Household Income | $82,380 |
| Total Housing Units | 9,590 |
| Renter-Occupied Units | 3,288 |
| Renter-Occupied Share | 34% |
How does Franklin city, Indiana compare?
Median home value ranked against all cities in Indiana.
Higher home value than 81% of cities in Indiana · 160th of 818
| # | City | Value |
|---|---|---|
| 1 | Crows Nest town | $2,000,001 |
| 2 | North Crows Nest town | $1,557,700 |
| 3 | Williams Creek town | $1,201,400 |
| … 156 more … | ||
| 160 | Franklin city(you are here) | $231,500 |
| … 655 more … | ||
| 816 | Fairview CDP | $9,999 |
| 816 | New Marion CDP | $9,999 |
| 816 | Saline City CDP | $9,999 |
More data for Franklin city, Indiana
Frequently asked questions
What is the median home value in Franklin city, Indiana?
The median home value in Franklin city, Indiana is $231,500, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent in Franklin city, Indiana?
The median gross rent in Franklin city, Indiana is $1,186/month, based on Census ACS 5-Year estimates (2024).
What is the median household income in Franklin city, Indiana?
The median household income in Franklin city, Indiana is $82,380/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median home value of $231,500 has a margin of error of ±$10,439. In very small areas, MOEs can be large relative to the estimate.
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