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Franklin, LA
Full City Profile · Louisiana · St. Mary Parish County
2.7
/5.0
C+
Fair
6,557
Population
658/sq mi density
$46,278
Median Income
$24,788 per capita
$98,200
Home Value
$95,399 Zillow
$861
Median Rent
28.5% income on rent
69°F
Avg Temperature
317 sunny days/yr
729
Violent Crime/100K
4,266 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$46,278 median income, 0.4% unemployment
A+
Affordability
5.0 / 5.0
$98,200 home value, $861/mo rent
F
Safety
1.0 / 5.0
729 violent crimes/100K (92% above avg)
D
Education
1.8 / 5.0
9.9% bachelor's degree or higher
Housing Overview
Median Home Value
$98,200
65% below
US avg: $281,900
Median Rent
$861/mo
26% below
US avg: $1,163/mo
Homeownership Rate
58.1%
11% below US avg (65.4%)
Total Housing Units
3,199
Median year built: 1964
Home Value by Source
Census Median
$98,200
Zillow (ZHVI)
$95,399
Median Sale Price
$501,500
Median List Price
$127,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
58.1%
Owner-Occupied
41.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$601/mo
1 Bedroom
$698/mo
2 Bedroom
$834/mo
3 Bedroom
$1,067/mo
4 Bedroom
$1,249/mo
Census median rent:
$861/mo
Market Indicators (Redfin)
Median Days on Market
141 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
16.7%
of listings with price reduction
Price Per Sq Ft
$203
Active Inventory
18
homes for sale
Affordability & Housing Stock
Rent Burden
28.5%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1964
Average age of housing stock: 62 years
Homeownership Rate
58.1%
Complete Housing Data
Home Values
| Census Median Value | $98,200 |
| Zillow Home Value (ZHVI) | $95,399 |
| Median Sale Price | $501,500 |
| Median List Price | $127,450 |
| Price Per Sq Ft | $203 |
Rent
| Census Median Rent | $861 |
| FMR Studio | $601 |
| FMR 1-Bedroom | $698 |
| FMR 2-Bedroom | $834 |
| FMR 3-Bedroom | $1,067 |
| FMR 4-Bedroom | $1,249 |
Market
| Days on Market | 141 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 16.7% |
| Homes Sold | 2 |
| Active Inventory | 18 |
| Price Per Sq Ft | $203 |
Ownership & Stock
| Owner-Occupied | 58.1% |
| Renter-Occupied | 41.9% |
| Homeownership Rate | 58.1% |
| Total Housing Units | 3,199 |
| Median Year Built | 1964 |
| Rent Burden | 28.5% |