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Franklin, NC
Full City Profile · North Carolina · Macon County County
2.9
/5.0
C+
Fair
4,221
Population
854/sq mi density
$43,991
Median Income
$27,002 per capita
$190,600
Home Value
$293,498 Zillow
$738
Median Rent
26.9% income on rent
56°F
Avg Temperature
301 sunny days/yr
385
Violent Crime/100K
6,107 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$43,991 median income, 1.2% unemployment
A
Affordability
4.2 / 5.0
$190,600 home value, $738/mo rent
F
Safety
1.0 / 5.0
385 violent crimes/100K (1% above avg)
C+
Education
2.8 / 5.0
22.2% bachelor's degree or higher
Housing Overview
Median Home Value
$190,600
32% below
US avg: $281,900
Median Rent
$738/mo
37% below
US avg: $1,163/mo
Homeownership Rate
56.5%
14% below US avg (65.4%)
Total Housing Units
2,313
Median year built: 1982
Home Value by Source
Census Median
$190,600
Zillow (ZHVI)
$293,498
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
56.5%
Owner-Occupied
43.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,524/mo
1 Bedroom
$1,596/mo
2 Bedroom
$1,750/mo
3 Bedroom
$2,196/mo
4 Bedroom
$2,936/mo
Census median rent:
$738/mo
Affordability & Housing Stock
Rent Burden
26.9%
of renters spending 30%+ of income on housing
13% below US avg (31.0%)
Median Year Built
1982
Average age of housing stock: 44 years
Homeownership Rate
56.5%
Complete Housing Data
Home Values
| Census Median Value | $190,600 |
| Zillow Home Value (ZHVI) | $293,498 |
Rent
| Census Median Rent | $738 |
| FMR Studio | $1,524 |
| FMR 1-Bedroom | $1,596 |
| FMR 2-Bedroom | $1,750 |
| FMR 3-Bedroom | $2,196 |
| FMR 4-Bedroom | $2,936 |
Market
Ownership & Stock
| Owner-Occupied | 56.5% |
| Renter-Occupied | 43.5% |
| Homeownership Rate | 56.5% |
| Total Housing Units | 2,313 |
| Median Year Built | 1982 |
| Rent Burden | 26.9% |