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Franklin County Housing

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As of 2010-2014, median price of a house in Franklin County is $163,000, which is lower than the state average of $243,500 and is lower than the national average of $175,700. The Franklin County median house value has grown by 55.24% since 2000. The growth rate for the price of a house in Franklin County is lower than the state average rate of 94.18% and is higher than the national average rate of 46.91%. The median year that a house in Franklin County was built is 1985, which is newer than the median year for a house built in the state which is 1980 and is newer than the median year for a house built in the USA which is 1976.

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 Gross Rent Vehicle Available

House Value

Median Value of a Total of 18,072 Owner Occupied Houses in Franklin County, #75

Franklin County	163,000 USD
Virginia	243,500 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #103

Franklin County	55.24%
Virginia	94.18%
U.S.	46.91%

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

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Franklin County	Virginia	U.S.
Total Housing Units	29,386, see rank, 100%	3,403,241	132,741,033
Occupied Housing Units	23,248, 79.11%, see rank	89.38%	87.55%
Owner Occupied	18,072, 61.50%, see rank	59.60%	56.34%
Renter Occupied	5,176, 17.61%, see rank	29.78%	31.21%
Vacant Housing Units	6,138, 20.89%, see rank	10.62%	12.45%
For Rent	611, 2.08%, see rank	2.10%	2.34%
For Sale Only	730, 2.48%, see rank	1.09%	1.20%
Rented or Sold, Not Occupied	119, 0.40%, see rank	1.20%	0.92%
For Seasonal, Recreational, or Occasional Use	3,313, 11.27%, see rank	2.67%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.02%	0.03%
Other Vacant	1,365, 4.65%, see rank	3.55%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #28

Franklin County	Virginia	U.S.
1985	1980	1976

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

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Franklin County	%	Virginia	U.S.
Owner-Occupied Units	18,072	100%	2,028,244	74,787,460
With a Mortgage	10,362	57.34%, see rank	71.14%	65.58%
Without a Mortgage	7,710	42.66%, see rank	28.86%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Franklin County	1,168 USD
Virginia	1,742 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Franklin County	%	Virginia	U.S.
$299 or Less	16	0.15%, see rank	0.23%	0.20%
$300 to $499	307	2.96%, see rank	1.45%	1.59%
$500 to $699	997	9.62%, see rank	3.72%	5.01%
$700 to $999	2,410	23.26%, see rank	10.40%	14.32%
$1,000 to $1,499	3,254	31.40%, see rank	23.15%	27.90%
$1,500 to $1,999	1,845	17.81%, see rank	21.20%	20.35%
$2,000 to $2,999	1,137	10.97%, see rank	24.77%	19.52%
$3,000 or More	396	3.82%, see rank	15.06%	11.12%

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

Franklin County	23.70% of the Total Income
Virginia	23.20% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Franklin County	%	Virginia	U.S.
10% or Less	802	7.74%, see rank	6.18%	5.86%
10% to 20%	3,274	31.60%, see rank	32.74%	31.95%
20% to 30%	2,682	25.88%, see rank	29.30%	27.64%
30% to 40%	1,500	14.48%, see rank	13.96%	13.74%
40% or More	2,060	19.88%, see rank	17.46%	20.29%

*Based on 2010-2014 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 County	315 USD
Virginia	429 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Franklin County	%	Virginia	U.S.
$199 or Less	1,276	16.55%, see rank	8.34%	7.76%
$200 to $299	2,213	28.70%, see rank	17.18%	14.70%
$300 to $499	2,939	38.12%, see rank	35.90%	34.63%
$500 to $699	814	10.56%, see rank	20.27%	21.16%
$700 or More	468	6.07%, see rank	18.31%	21.75%

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

Franklin County	10.10% of the Total Income
Virginia	10.80% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Franklin County	%	Virginia	U.S.
10% or Less	3,748	48.61%, see rank	46.49%	40.19%
10% to 20%	2,110	27.37%, see rank	29.97%	31.47%
20% to 30%	785	10.18%, see rank	10.53%	12.24%
30% to 40%	440	5.71%, see rank	4.67%	5.64%
40% or More	481	6.24%, see rank	7.24%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Franklin County	Virginia	U.S.
Total Housing Units	29,386, 100%	3,403,241	132,741,033
1-unit, Detached	21,027, 71.55%, see rank	61.97%	61.65%
1-unit, Attached	618, 2.10%, see rank	10.88%	5.82%
2 Units	201, 0.68%, see rank	1.67%	3.75%
3 or 4 Units	557, 1.90%, see rank	2.74%	4.43%
5 to 9 Units	682, 2.32%, see rank	4.64%	4.78%
10 or More Units	1,006, 3.42%, see rank	12.76%	13.08%
Mobile Home, Boat, RV, Van, etc.	5,295, 18.02%, see rank	5.34%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Franklin County	Virginia	U.S.
Total Housing Units	29,386, 100%	3,403,241	132,741,033
1 Room	286, 0.97%, see rank	1.33%	1.95%
2 Rooms	427, 1.45%, see rank	1.73%	2.48%
3 Rooms	1,364, 4.64%, see rank	6.92%	9.13%
4 Rooms	4,605, 15.67%, see rank	14.48%	16.60%
5 Rooms	6,615, 22.51%, see rank	17.82%	20.41%
6 Rooms	5,507, 18.74%, see rank	16.80%	18.06%
7 Rooms	4,084, 13.90%, see rank	13.06%	12.27%
8 Rooms	2,721, 9.26%, see rank	10.92%	8.48%
9 Rooms or More	3,777, 12.85%, see rank	16.94%	10.60%
Median Rooms	5.80, see rank	6.00	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Franklin County	Virginia	U.S.
Total Housing Units	29,386, 100%	3,403,241	132,741,033
No Bedroom	329, 1.12%, see rank	1.46%	2.17%
1 Bedroom	1,725, 5.87%, see rank	8.47%	11.16%
2 Bedrooms	7,260, 24.71%, see rank	23.83%	26.69%
3 Bedrooms	15,025, 51.13%, see rank	39.65%	39.70%
4 Bedrooms	4,099, 13.95%, see rank	20.28%	16.05%
5 or More Bedrooms	948, 3.23%, see rank	6.31%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Franklin County	Virginia	U.S.
Total Housing Units	23,248, 100%	3,041,710	116,211,092
Utility Gas	314, 1.35%, see rank	33.74%	48.85%
Bottled, Tank, or LP Gas	2,595, 11.16%, see rank	4.51%	4.86%
Electricity	16,287, 70.06%, see rank	52.28%	36.68%
Fuel Oil, Kerosene, etc.	1,944, 8.36%, see rank	6.01%	5.86%
Coal or Coke	18, 0.08%, see rank	0.08%	0.12%
Wood	1,978, 8.51%, see rank	2.76%	2.12%
Solar Energy	0, 0.00%, see rank	0.02%	0.05%
Other Fuel	65, 0.28%, see rank	0.29%	0.47%
No Fuel Used	47, 0.20%, see rank	0.30%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Franklin County	Virginia	U.S.
Occupied Units Paying Rent	4,196, 100%	957,686	39,201,928
$199 or Less	108, 2.57%, see rank	1.61%	1.50%
$200 to $299	118, 2.81%, see rank	2.46%	3.18%
$300 to $499	764, 18.21%, see rank	5.54%	7.37%
$500 to $699	1,297, 30.91%, see rank	10.39%	16.01%
$700 to $999	1,333, 31.77%, see rank	22.57%	29.17%
$1,000 to $1,499	539, 12.85%, see rank	30.50%	26.88%
$1,500 to $1,999	37, 0.88%, see rank	15.76%	9.79%
$2,000 or More	0, 0.00%, see rank	11.16%	6.10%
Median	$668, see rank	$1,108	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Franklin County	Virginia	U.S.
Occupied Housing Units	23,248, 100%	3,041,710	116,211,092
No Vehicles Available	1,220, 5.25%, see rank	6.38%	9.12%
1 Vehicles Available	5,648, 24.29%, see rank	30.54%	33.80%
2 Vehicles Available	8,350, 35.92%, see rank	38.24%	37.48%
3 or More Vehicles Available	8,030, 34.54%, see rank	24.84%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.