Home/Maine/Franklin County

Franklin County Housing Market

Maine · 16 counties · Ranked #1601 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$176,700

vs national$176,700 vs $281,900 national

Median Gross Rent

$759/mo

vs national$759 vs $1,163 national

Effective Tax Rate

1.07%

vs national+1.07% vs 1.02% national

Median Household Income

$58,522

vs national$58,522 vs $74,755 national

Affordability Ratio

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

28.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,897

Tax as % of Home Value

1.07%

Monthly Owner Cost

$811

Renter Income

$30,666

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Mortgage

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Home Search

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Franklin County?

The median home value in Franklin County is $176,700. This is below the national median of $281,900.

How much is rent in Franklin County?

The median gross rent in Franklin County is $759 per month.

What is the property tax rate in Franklin County?

The effective property tax rate in Franklin County is 1.07%. The median annual property tax bill is $1,897.

Is Franklin County affordable?

With a home-value-to-income ratio of 3x, Franklin County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.