housing costs · North Carolina
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 | $1,083 | ± $36 | evidence → |
| 2019–2023 | $988 | ± $28 | evidence → |
| 2018–2022 | $971 | ± $25 | evidence → |
| 2017–2021 | $907 | ± $43 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $284,300 | ± $14,000 | evidence → |
| 2019–2023 | $240,900 | ± $10,459 | evidence → |
| 2018–2022 | $209,500 | ± $9,884 | evidence → |
| 2017–2021 | $174,200 | ± $8,931 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 32.8 % | ± 3.8 % | evidence → |
| 2019–2023 | 31.0 % | ± 3.4 % | evidence → |
| 2018–2022 | 28.4 % | ± 2.2 % | evidence → |
| 2017–2021 | 29.1 % | ± 4.1 % | evidence → |
In context
Median rent in Franklin County is $1,083, above the North Carolina median of $886 across 100 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.