Franklin, AR
Full City Profile · Arkansas · Izard County County
2.7
/5.0
C+
Fair
242
Population
114/sq mi density
$54,500
Median Income
$34,551 per capita
$78,800
Home Value
$160,064 Zillow
57°F
Avg Temperature
299 sunny days/yr
93
Violent Crime/100K
2,239 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$54,500 median income, 4.0% unemployment
A+
Affordability
5.0 / 5.0
$78,800 home value, /mo rent
F
Safety
1.0 / 5.0
93 violent crimes/100K
D
Education
1.9 / 5.0
11.8% bachelor's degree or higher
Housing Overview
Median Home Value
$78,800
72% below
US avg: $281,900
Homeownership Rate
97.9%
50% above US avg (65.4%)
Total Housing Units
94
Median year built: 1971
Home Value by Source
Census Median
$78,800
Zillow (ZHVI)
$160,064
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
97.9%
Owner-Occupied
2.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$666/mo
1 Bedroom
$671/mo
2 Bedroom
$880/mo
3 Bedroom
$1,094/mo
4 Bedroom
$1,476/mo
Affordability & Housing Stock
Rent Burden
26.8%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
97.9%
Complete Housing Data
Home Values
| Census Median Value | $78,800 |
| Zillow Home Value (ZHVI) | $160,064 |
Rent
| FMR Studio | $666 |
| FMR 1-Bedroom | $671 |
| FMR 2-Bedroom | $880 |
| FMR 3-Bedroom | $1,094 |
| FMR 4-Bedroom | $1,476 |
Market
Ownership & Stock
| Owner-Occupied | 97.9% |
| Renter-Occupied | 2.1% |
| Homeownership Rate | 97.9% |
| Total Housing Units | 94 |
| Median Year Built | 1971 |
| Rent Burden | 26.8% |
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