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Franklin, NE
Full City Profile · Nebraska · Franklin County County
3.0
/5.0
B
Good
908
Population
917/sq mi density
$51,121
Median Income
$34,156 per capita
$93,800
Home Value
$134,002 Zillow
$492
Median Rent
24.8% income on rent
51°F
Avg Temperature
308 sunny days/yr
133
Violent Crime/100K
2,032 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$51,121 median income, 1.5% unemployment
A+
Affordability
5.0 / 5.0
$93,800 home value, $492/mo rent
F
Safety
1.0 / 5.0
133 violent crimes/100K
C
Education
2.2 / 5.0
14.9% bachelor's degree or higher
Housing Overview
Median Home Value
$93,800
67% below
US avg: $281,900
Median Rent
$492/mo
58% below
US avg: $1,163/mo
Homeownership Rate
81.7%
25% above US avg (65.4%)
Total Housing Units
483
Median year built: 1955
Home Value by Source
Census Median
$93,800
Zillow (ZHVI)
$134,002
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
81.7%
Owner-Occupied
18.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$666/mo
1 Bedroom
$732/mo
2 Bedroom
$961/mo
3 Bedroom
$1,187/mo
4 Bedroom
$1,284/mo
Census median rent:
$492/mo
Affordability & Housing Stock
Rent Burden
24.8%
of renters spending 30%+ of income on housing
20% below US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
81.7%
Complete Housing Data
Home Values
| Census Median Value | $93,800 |
| Zillow Home Value (ZHVI) | $134,002 |
Rent
| Census Median Rent | $492 |
| FMR Studio | $666 |
| FMR 1-Bedroom | $732 |
| FMR 2-Bedroom | $961 |
| FMR 3-Bedroom | $1,187 |
| FMR 4-Bedroom | $1,284 |
Market
Ownership & Stock
| Owner-Occupied | 81.7% |
| Renter-Occupied | 18.3% |
| Homeownership Rate | 81.7% |
| Total Housing Units | 483 |
| Median Year Built | 1955 |
| Rent Burden | 24.8% |