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Franklin, IA Housing

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As of 2006-2010, median price of a house in Franklin is $90,000, which is lower than the state average of $123,400 and is much lower than the national average of $179,900. The Franklin median house value has grown by 45.16% since 2000. The growth rate for the price of a house in Franklin is lower than the state average rate of 49.58% and is lower than the national average rate of 50.42%. The median year that a house in Franklin was built is 1974, which is newer than the median year for a house built in the state which is 1964 and is about the same as the median year for a house built in the USA which is 1975.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Vehicle Available

House Value

Median Value of a Total of 74 Owner Occupied Houses in Franklin, IA, #326

Franklin, IA	90,000 USD
Iowa	119,200 USD
U.S.	188,400 USD

Median House Price Growth Since 2000, #334

Franklin, IA	45.16%
Iowa	49.58%
U.S.	50.42%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2006-2010 data. View historical house value data.

Housing Occupancy

	Franklin, IA	%	Iowa	U.S.
Total Housing Units	64, see rank	100%	1,336,417	131,704,730
Occupied Housing Units	60	93.75%, see rank	91.41%	88.62%
Owner Occupied	52	81.25%, see rank	65.90%	57.69%
Renter Occupied	8	12.50%, see rank	25.51%	30.93%
Vacant Housing Units	4	6.25%, see rank	8.59%	11.38%
For Rent	0	0.00%, see rank	2.38%	3.14%
For Sale Only	1	1.56%, see rank	1.38%	1.44%
Rented or Sold, Not Occupied	0	0.00%, see rank	0.55%	0.48%
For Seasonal, Recreational, or Occasional Use	0	0.00%, see rank	1.57%	3.53%
For Migrant Workers	0	0.00%, see rank	0.01%	0.02%
Other Vacant	3	4.69%, see rank	2.71%	2.77%

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

Year Structure Built

Median Built Year, #78

Franklin, IA	Iowa	U.S.
1974	1964	1975

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

*Based on 2006-2010 data. View historical year structure built data.

Mortgage Status

	Franklin, IA	%	Iowa	U.S.
Owner-Occupied Units	74	100%	889,912	76,089,650
With a Mortgage	41	55.41%, see rank	63.00%	67.94%
Without a Mortgage	33	44.59%, see rank	37.00%	32.06%

*Based on 2006-2010 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Franklin, IA	875 USD
Iowa	1,147 USD
U.S.	1,524 USD

Owner Costs Distribution

Monthly Owner Costs	Franklin, IA	%	Iowa	U.S.
$299 or Less	0	0.00%, see rank	0.28%	0.22%
$300 to $499	6	14.63%, see rank	2.97%	1.85%
$500 to $699	3	7.32%, see rank	9.60%	5.39%
$700 to $999	12	29.27%, see rank	25.20%	14.41%
$1,000 to $1,499	13	31.71%, see rank	35.06%	27.08%
$1,500 to $1,999	3	7.32%, see rank	16.09%	19.94%
$2,000 to $2,999	4	9.76%, see rank	8.63%	19.39%
$3,000 or More	0	0.00%, see rank	2.17%	11.73%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Franklin, IA	22.30% of the Total Income
Iowa	21.30% of the Total Income
U.S.	25.00% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Franklin, IA	%	Iowa	U.S.
10% or Less	0	0.00%, see rank	5.98%	4.85%
10% to 20%	15	36.59%, see rank	39.25%	28.90%
20% to 30%	14	34.15%, see rank	30.02%	28.42%
30% to 40%	3	7.32%, see rank	11.98%	15.27%
40% or More	9	21.95%, see rank	12.59%	22.15%

*Based on 2006-2010 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, IA	375 USD
Iowa	393 USD
U.S.	431 USD

Owner Costs Distribution

Monthly Owner Costs	Franklin, IA	%	Iowa	U.S.
$199 or Less	7	21.21%, see rank	6.47%	8.92%
$200 to $299	6	18.18%, see rank	18.62%	16.68%
$300 to $499	14	42.42%, see rank	47.70%	35.65%
$500 to $699	6	18.18%, see rank	18.84%	20.07%
$700 to $999	0	0.00%, see rank	0.00%	0.00%
$1,000 or More	0	0.00%, see rank	0.00%	0.00%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Franklin, IA	12.00% of the Total Income
Iowa	12.00% of the Total Income
U.S.	12.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Franklin, IA	%	Iowa	U.S.
10% or Less	12	36.36%, see rank	41.52%	38.92%
10% to 20%	13	39.39%, see rank	33.47%	31.98%
20% to 30%	3	9.09%, see rank	12.18%	12.67%
30% to 40%	5	15.15%, see rank	5.22%	5.90%
40% or More	0	0.00%, see rank	7.06%	9.51%

*Based on 2006-2010 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Franklin, IA	%	Iowa	U.S.
Total Housing Units	75	100%	1,327,302	130,038,080
1-unit, Detached	73	97.33%, see rank	73.85%	61.62%
1-unit, Attached	1	1.33%, see rank	3.43%	5.74%
2 Units	0	0.00%, see rank	2.62%	3.88%
3 or 4 Units	0	0.00%, see rank	3.55%	4.47%
5 to 9 Units	0	0.00%, see rank	3.76%	4.84%
10 or More Units	0	0.00%, see rank	8.61%	12.68%
Mobile Home, Boat, RV, Van, etc.	1	1.33%, see rank	4.18%	6.76%

*Based on 2006-2010 data. View historical units in structure data.

Rooms

	Franklin, IA	%	Iowa	U.S.
Total Housing Units	75	100%	1,327,302	130,038,080
1 Room	0	0.00%, see rank	0.90%	1.59%
2 Rooms	0	0.00%, see rank	2.06%	2.62%
3 Rooms	0	0.00%, see rank	7.22%	9.02%
4 Rooms	15	20.00%, see rank	15.24%	16.85%
5 Rooms	22	29.33%, see rank	18.95%	20.93%
6 Rooms	20	26.67%, see rank	17.69%	18.56%
7 Rooms	11	14.67%, see rank	13.87%	12.38%
8 Rooms	0	0.00%, see rank	10.78%	8.39%
9 Rooms or More	7	9.33%, see rank	13.28%	9.65%
Median Rooms	5.50, see rank	-	5.80	5.50

*Based on 2006-2010 data. View historical rooms data.

Bedrooms

	Franklin, IA	%	Iowa	U.S.
Total Housing Units	75	100%	1,327,302	130,038,080
No Bedroom	0	0.00%, see rank	1.09%	1.84%
1 Bedroom	0	0.00%, see rank	9.49%	11.32%
2 Bedrooms	26	34.67%, see rank	28.87%	27.20%
3 Bedrooms	25	33.33%, see rank	39.02%	39.80%
4 Bedrooms	24	32.00%, see rank	16.94%	15.80%
5 or More Bedrooms	0	0.00%, see rank	4.59%	4.04%

*Based on 2006-2010 data. View historical bedrooms data.

House Heating Fuel

	Franklin, IA	%	Iowa	U.S.
Total Housing Units	75	100%	1,215,954	114,235,996
Utility Gas	0	0.00%, see rank	65.81%	49.91%
Bottled, Tank, or LP Gas	31	41.33%, see rank	13.81%	5.38%
Electricity	23	30.67%, see rank	16.24%	34.20%
Fuel Oil, Kerosene, etc.	0	0.00%, see rank	1.10%	7.07%
Coal or Coke	0	0.00%, see rank	0.02%	0.12%
Wood	17	22.67%, see rank	1.63%	1.97%
Solar Energy	0	0.00%, see rank	0.02%	0.03%
Other Fuel	2	2.67%, see rank	0.96%	0.42%
No Fuel Used	2	2.67%, see rank	0.40%	0.90%

*Based on 2006-2010 data. View historical house heating fuel data.

Vehicle Available

	Franklin, IA	%	Iowa	U.S.
Occupied Housing Units	75	100%	1,215,954	114,235,996
No Vehicles Available	1	1.33%, see rank	5.71%	8.85%
1 Vehicles Available	23	30.67%, see rank	29.69%	33.28%
2 Vehicles Available	30	40.00%, see rank	39.67%	37.87%
3 or More Vehicles Available	21	28.00%, see rank	24.93%	20.00%

*Based on 2006-2010 data. View historical vehicle available data.