housing costs · Virginia
Housing costs in Franklin city
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 | $988 | ± $87 | evidence → |
| 2019–2023 | $995 | ± $105 | evidence → |
| 2018–2022 | $925 | ± $67 | evidence → |
| 2017–2021 | $851 | ± $46 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $256,600 | ± $27,270 | evidence → |
| 2019–2023 | $227,200 | ± $18,659 | evidence → |
| 2018–2022 | $197,900 | ± $14,376 | evidence → |
| 2017–2021 | $178,800 | ± $22,517 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 32.7 % | ± 8.3 % | evidence → |
| 2019–2023 | 26.4 % | ± 4.8 % | evidence → |
| 2018–2022 | 30.0 % | ± 10.9 % | evidence → |
| 2017–2021 | 30.6 % | ± 7.1 % | evidence → |
In context
Median rent in Franklin city is $988, below the Virginia median of $1,059 across 133 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.
Machine access — free, no API key
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