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Franklin CDP (Merced County), CA
Full City Profile · California · Merced County County
2.5
/5.0
C+
Fair
7,487
Population
3,688/sq mi density
$56,274
Median Income
$20,556 per capita
$285,700
Home Value
$393,170 Zillow
$1,450
Median Rent
32.0% income on rent
62°F
Avg Temperature
330 sunny days/yr
699
Violent Crime/100K
3,225 property/100K
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$56,274 median income, 4.1% unemployment
B+
Affordability
3.8 / 5.0
$285,700 home value, $1,450/mo rent
F
Safety
1.0 / 5.0
699 violent crimes/100K (84% above avg)
D
Education
1.9 / 5.0
10.8% bachelor's degree or higher
Housing Overview
Median Home Value
$285,700
1% above
US avg: $281,900
Median Rent
$1,450/mo
25% above
US avg: $1,163/mo
Homeownership Rate
78.3%
20% above US avg (65.4%)
Total Housing Units
2,232
Median year built: 1991
Home Value by Source
Census Median
$285,700
Zillow (ZHVI)
$393,170
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
78.3%
Owner-Occupied
21.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,513/mo
1 Bedroom
$1,647/mo
2 Bedroom
$2,053/mo
3 Bedroom
$2,752/mo
4 Bedroom
$3,165/mo
Census median rent:
$1,450/mo
Affordability & Housing Stock
Rent Burden
32.0%
of renters spending 30%+ of income on housing
3% above US avg (31.0%)
Median Year Built
1991
Average age of housing stock: 35 years
Homeownership Rate
78.3%
Complete Housing Data
Home Values
| Census Median Value | $285,700 |
| Zillow Home Value (ZHVI) | $393,170 |
Rent
| Census Median Rent | $1,450 |
| FMR Studio | $1,513 |
| FMR 1-Bedroom | $1,647 |
| FMR 2-Bedroom | $2,053 |
| FMR 3-Bedroom | $2,752 |
| FMR 4-Bedroom | $3,165 |
Market
Ownership & Stock
| Owner-Occupied | 78.3% |
| Renter-Occupied | 21.7% |
| Homeownership Rate | 78.3% |
| Total Housing Units | 2,232 |
| Median Year Built | 1991 |
| Rent Burden | 32.0% |