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Franklin, AL
Full City Profile · Alabama · Macon County County
3.2
/5.0
B
Good
899
Population
60/sq mi density
$83,480
Median Income
$35,183 per capita
$75,300
Home Value
$92,554 Zillow
$731
Median Rent
34.2% income on rent
63°F
Avg Temperature
304 sunny days/yr
1,029
Violent Crime/100K
5,349 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$83,480 median income, 14.4% unemployment
A+
Affordability
5.0 / 5.0
$75,300 home value, $731/mo rent
F
Safety
1.0 / 5.0
1,029 violent crimes/100K (171% above avg)
B+
Education
3.9 / 5.0
36.0% bachelor's degree or higher
Housing Overview
Median Home Value
$75,300
73% below
US avg: $281,900
Median Rent
$731/mo
37% below
US avg: $1,163/mo
Homeownership Rate
84.7%
30% above US avg (65.4%)
Total Housing Units
434
Median year built: 1992
Home Value by Source
Census Median
$75,300
Zillow (ZHVI)
$92,554
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
84.7%
Owner-Occupied
15.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$576/mo
1 Bedroom
$704/mo
2 Bedroom
$776/mo
3 Bedroom
$976/mo
4 Bedroom
$1,071/mo
Census median rent:
$731/mo
Affordability & Housing Stock
Rent Burden
34.2%
of renters spending 30%+ of income on housing
10% above US avg (31.0%)
Median Year Built
1992
Average age of housing stock: 34 years
Homeownership Rate
84.7%
Complete Housing Data
Home Values
| Census Median Value | $75,300 |
| Zillow Home Value (ZHVI) | $92,554 |
Rent
| Census Median Rent | $731 |
| FMR Studio | $576 |
| FMR 1-Bedroom | $704 |
| FMR 2-Bedroom | $776 |
| FMR 3-Bedroom | $976 |
| FMR 4-Bedroom | $1,071 |
Market
Ownership & Stock
| Owner-Occupied | 84.7% |
| Renter-Occupied | 15.3% |
| Homeownership Rate | 84.7% |
| Total Housing Units | 434 |
| Median Year Built | 1992 |
| Rent Burden | 34.2% |