housing costs · Virginia
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 | $829 | ± $43 | evidence → |
| 2019–2023 | $797 | ± $73 | evidence → |
| 2018–2022 | $809 | ± $67 | evidence → |
| 2017–2021 | $758 | ± $78 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $240,400 | ± $10,259 | evidence → |
| 2019–2023 | $222,800 | ± $8,922 | evidence → |
| 2018–2022 | $207,700 | ± $13,252 | evidence → |
| 2017–2021 | $181,400 | ± $10,987 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 21.5 % | ± 2.4 % | evidence → |
| 2019–2023 | 21.9 % | ± 2.4 % | evidence → |
| 2018–2022 | 22.2 % | ± 2.5 % | evidence → |
| 2017–2021 | 25.0 % | ± 5.6 % | evidence → |
In context
Median rent in Franklin County is $829, 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.