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Latest available · Census ACS 5-Year (2024)

What Is the Median Home Value in Franklin County, Virginia?

$240,400/home 7.9%vs 2023 ($222,800)

County · Census ACS 5-Year estimates

The median home value in Franklin County, Virginia is $240,400 (±$10,259), based on Census ACS 5-Year estimates (2024). The median gross rent is $829/month, and the median household income is $68,849/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Median Home Value in Franklin County, Virginia and Neighbouring Counties

Henry: $134,800Floyd: $225,400Franklin County: $240,400Pittsylvania: $161,400Patrick: $153,400Bedford: $297,400Roanoke: $286,000$134,800$225,400$240,400$161,400$153,400$297,400$286,000

Housing Metrics for Franklin County, Virginia

MetricValue
Median Home Value$240,400
Median Gross Rent$829
Median Household Income$68,849
Total Housing Units22,999
Renter-Occupied Units4,951
Renter-Occupied Share22%

How does Franklin County, Virginia compare?

Median home value ranked against all counties in Virginia.

Higher home value than 44% of counties in Virginia · 76th of 133

Cheapest: Martinsville city($98,400)
Priciest: Falls Church city($1,055,600)
#CountyValue
1Falls Church city$1,055,600
2Arlington County$895,000
3Loudoun County$743,800
… 72 more …
76Franklin County(you are here)$240,400
… 54 more …
131Martinsville city$98,400
132Buchanan County$94,900
133Covington city$83,500

Frequently asked questions

What is the median home value in Franklin County, Virginia?

The median home value in Franklin County, Virginia is $240,400, 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 County, Virginia?

The median gross rent in Franklin County, Virginia is $829/month, based on Census ACS 5-Year estimates (2024).

What is the median household income in Franklin County, Virginia?

The median household income in Franklin County, Virginia is $68,849/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 $240,400 has a margin of error of ±$10,259. In very small areas, MOEs can be large relative to the estimate.

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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.