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Franklin County Housing Market

Texas · 254 counties · Ranked #2039 in home value

Below National Avg

Housing at a Glance

Median Home Value

$213,200

vs national$213,200 vs $281,900 national

Median Gross Rent

$948/mo

vs national$948 vs $1,163 national

Effective Tax Rate

0.91%

vs national0.91% vs 1.02% national

Median Household Income

$66,800

vs national$66,800 vs $74,755 national

Affordability Ratio

3.2x

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

Rent Burden

24.0%

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

More Housing Data

Property Tax (Median)

$1,944

Tax as % of Home Value

0.91%

Monthly Owner Cost

$943

Renter Income

$42,330

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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 $213,200. This is below the national median of $281,900.

How much is rent in Franklin County?

The median gross rent in Franklin County is $948 per month.

What is the property tax rate in Franklin County?

The effective property tax rate in Franklin County is 0.91%. The median annual property tax bill is $1,944.

Is Franklin County affordable?

With a home-value-to-income ratio of 3.2x, 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.