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Franklin County Housing

 
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As of 2010-2014, median price of a house in Franklin County is $127,200, which is lower than the state average of $153,600 and is lower than the national average of $175,700. The Franklin County median house value has grown by 24.95% since 2000. The growth rate for the price of a house in Franklin County is lower than the state average rate of 41.83% and is lower than the national average rate of 46.91%. The median year that a house in Franklin County was built is 1991, which is newer than the median year for a house built in the state which is 1986 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 17,387 Owner Occupied Houses in Franklin County, #55
Franklin County
127,200 USD
North Carolina
153,600 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #80
Franklin County
24.95%
North Carolina
41.83%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Franklin CountyNorth CarolinaU.S.
Total Housing Units26,710, see rank, 100%4,385,668132,741,033
Occupied Housing Units23,395, 87.59%, see rank85.34%87.55%
Owner Occupied17,387, 65.10%, see rank56.13%56.34%
Renter Occupied6,008, 22.49%, see rank29.20%31.21%
Vacant Housing Units3,315, 12.41%, see rank14.66%12.45%
For Rent273, 1.02%, see rank2.65%2.34%
For Sale Only433, 1.62%, see rank1.41%1.20%
Rented or Sold, Not Occupied106, 0.40%, see rank0.78%0.92%
For Seasonal, Recreational, or Occasional Use564, 2.11%, see rank4.81%3.97%
For Migrant Workers27, 0.10%, see rank0.03%0.03%
Other Vacant1,912, 7.16%, see rank4.98%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #10
Franklin CountyNorth CarolinaU.S.
199119861976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Franklin County%North CarolinaU.S.
Owner-Occupied Units17,387100%2,461,74174,787,460
With a Mortgage10,91862.79%, see rank66.10%65.58%
Without a Mortgage6,46937.21%, see rank33.90%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Franklin County
1,190 USD
North Carolina
1,272 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsFranklin County%North CarolinaU.S.
$299 or Less300.27%, see rank0.29%0.20%
$300 to $4993463.17%, see rank2.34%1.59%
$500 to $6996756.18%, see rank6.85%5.01%
$700 to $9992,43522.30%, see rank20.33%14.32%
$1,000 to $1,4994,16238.12%, see rank34.42%27.90%
$1,500 to $1,9991,95917.94%, see rank18.69%20.35%
$2,000 to $2,9991,09710.05%, see rank12.57%19.52%
$3,000 or More2141.96%, see rank4.51%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Franklin County
24.40% of the Total Income
North Carolina
22.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Franklin County%North CarolinaU.S.
10% or Less6576.02%, see rank6.41%5.86%
10% to 20%3,24529.72%, see rank34.98%31.95%
20% to 30%2,83225.94%, see rank27.06%27.64%
30% to 40%1,63915.01%, see rank12.56%13.74%
40% or More2,50522.94%, see rank18.39%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Franklin County
383 USD
North Carolina
373 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsFranklin County%North CarolinaU.S.
$199 or Less4717.28%, see rank10.23%7.76%
$200 to $2991,36221.05%, see rank21.81%14.70%
$300 to $4992,48938.48%, see rank41.59%34.63%
$500 to $6991,26619.57%, see rank16.79%21.16%
$700 or More88113.62%, see rank9.58%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Franklin County
14.00% of the Total Income
North Carolina
11.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Franklin County%North CarolinaU.S.
10% or Less1,96630.39%, see rank41.92%40.19%
10% to 20%2,40937.24%, see rank31.16%31.47%
20% to 30%90814.04%, see rank12.06%12.24%
30% to 40%3976.14%, see rank5.28%5.64%
40% or More70110.84%, see rank8.16%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Franklin CountyNorth CarolinaU.S.
Total Housing Units26,710, 100%4,385,668132,741,033
1-unit, Detached17,636, 66.03%, see rank65.33%61.65%
1-unit, Attached226, 0.85%, see rank3.82%5.82%
2 Units243, 0.91%, see rank2.14%3.75%
3 or 4 Units217, 0.81%, see rank2.74%4.43%
5 to 9 Units84, 0.31%, see rank4.44%4.78%
10 or More Units357, 1.34%, see rank7.98%13.08%
Mobile Home, Boat, RV, Van, etc.7,947, 29.75%, see rank13.55%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Franklin CountyNorth CarolinaU.S.
Total Housing Units26,710, 100%4,385,668132,741,033
1 Room184, 0.69%, see rank1.18%1.95%
2 Rooms143, 0.54%, see rank1.51%2.48%
3 Rooms1,467, 5.49%, see rank6.93%9.13%
4 Rooms3,721, 13.93%, see rank17.44%16.60%
5 Rooms7,469, 27.96%, see rank23.63%20.41%
6 Rooms5,023, 18.81%, see rank18.81%18.06%
7 Rooms4,061, 15.20%, see rank12.36%12.27%
8 Rooms2,297, 8.60%, see rank8.08%8.48%
9 Rooms or More2,345, 8.78%, see rank10.08%10.60%
Median Rooms5.60, see rank5.505.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Franklin CountyNorth CarolinaU.S.
Total Housing Units26,710, 100%4,385,668132,741,033
No Bedroom236, 0.88%, see rank1.26%2.17%
1 Bedroom738, 2.76%, see rank6.61%11.16%
2 Bedrooms5,744, 21.51%, see rank26.47%26.69%
3 Bedrooms15,772, 59.05%, see rank47.54%39.70%
4 Bedrooms3,301, 12.36%, see rank14.55%16.05%
5 or More Bedrooms919, 3.44%, see rank3.57%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Franklin CountyNorth CarolinaU.S.
Total Housing Units23,395, 100%3,742,514116,211,092
Utility Gas1,418, 6.06%, see rank24.68%48.85%
Bottled, Tank, or LP Gas4,564, 19.51%, see rank8.00%4.86%
Electricity16,027, 68.51%, see rank60.27%36.68%
Fuel Oil, Kerosene, etc.729, 3.12%, see rank4.34%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood487, 2.08%, see rank2.17%2.12%
Solar Energy10, 0.04%, see rank0.03%0.05%
Other Fuel11, 0.05%, see rank0.15%0.47%
No Fuel Used149, 0.64%, see rank0.35%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalFranklin CountyNorth CarolinaU.S.
Occupied Units Paying Rent5,374, 100%1,186,63139,201,928
$199 or Less31, 0.58%, see rank1.77%1.50%
$200 to $299196, 3.65%, see rank3.01%3.18%
$300 to $499854, 15.89%, see rank9.02%7.37%
$500 to $6991,486, 27.65%, see rank23.78%16.01%
$700 to $9991,743, 32.43%, see rank35.90%29.17%
$1,000 to $1,499962, 17.90%, see rank21.06%26.88%
$1,500 to $1,99987, 1.62%, see rank3.82%9.79%
$2,000 or More15, 0.28%, see rank1.64%6.10%
Median$716, see rank$790$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Franklin CountyNorth CarolinaU.S.
Occupied Housing Units23,395, 100%3,742,514116,211,092
No Vehicles Available1,465, 6.26%, see rank6.54%9.12%
1 Vehicles Available6,085, 26.01%, see rank32.77%33.80%
2 Vehicles Available8,763, 37.46%, see rank38.61%37.48%
3 or More Vehicles Available7,082, 30.27%, see rank22.08%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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