housing costs · Alabama
Housing costs in Franklin County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $676 | ± $58 | evidence → |
| 2019–2023 | $667 | ± $60 | evidence → |
| 2018–2022 | $596 | ± $45 | evidence → |
| 2017–2021 | $581 | ± $33 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $136,000 | ± $14,425 | evidence → |
| 2019–2023 | $128,000 | ± $10,726 | evidence → |
| 2018–2022 | $121,600 | ± $10,044 | evidence → |
| 2017–2021 | $107,200 | ± $8,881 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 22.8 % | ± 2.8 % | evidence → |
| 2019–2023 | 22.4 % | ± 2.2 % | evidence → |
| 2018–2022 | 22.0 % | ± 1.9 % | evidence → |
| 2017–2021 | 21.7 % | ± 2.5 % | evidence → |
In context
Median rent in Franklin County is $676, below the Alabama median of $776 across 67 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.