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Franklin County Housing Market

North Carolina · 100 counties · Ranked #2296 in home value

Below National Avg

Housing at a Glance

Median Home Value

$240,900

vs national$240,900 vs $281,900 national

Median Gross Rent

$988/mo

vs national$988 vs $1,163 national

Effective Tax Rate

0.72%

vs national0.72% vs 1.02% national

Median Household Income

$71,386

vs national$71,386 vs $74,755 national

Affordability Ratio

3.4x

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

Rent Burden

31.0%

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

More Housing Data

Property Tax (Median)

$1,732

Tax as % of Home Value

0.72%

Monthly Owner Cost

$1,089

Renter Income

$40,326

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Mortgage

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Home Search

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Search active listings in Franklin County. See photos, prices, and open house dates.

Similar Counties by Home Value

King and Queen County

Explore Related Data

Frequently Asked Questions

What is the median home value in Franklin County?

The median home value in Franklin County is $240,900. This is below the national median of $281,900.

How much is rent in Franklin County?

The median gross rent in Franklin County is $988 per month.

What is the property tax rate in Franklin County?

The effective property tax rate in Franklin County is 0.72%. The median annual property tax bill is $1,732.

Is Franklin County affordable?

With a home-value-to-income ratio of 3.4x, Franklin County is moderately 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.