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Franklin, TX

Full City Profile · Texas · Robertson County County

3.0 /5.0
B Good
1,498 Population 1,280/sq mi density
$54,688 Median Income $24,729 per capita
$171,000 Home Value $360,925 Zillow
$795 Median Rent 20.2% income on rent
68°F Avg Temperature 301 sunny days/yr
1,711 Violent Crime/100K 2,454 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$54,688 median income, 3.8% unemployment
A+
Affordability
4.9 / 5.0
$171,000 home value, $795/mo rent
F
Safety
1.0 / 5.0
1,711 violent crimes/100K (350% above avg)
C+
Education
2.6 / 5.0
20.1% bachelor's degree or higher

Housing Overview

Median Home Value
$171,000
39% below
US avg: $281,900
Median Rent
$795/mo
32% below
US avg: $1,163/mo
Homeownership Rate
49.0%
25% below US avg (65.4%)
Total Housing Units
728
Median year built: 1976

Home Value by Source

Census Median
$171,000
Zillow (ZHVI)
$360,925
Median Sale Price
$259,000
Median List Price
$260,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

49.0%
Owner-Occupied
51.0%
Renter-Occupied
49%
51%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$861/mo
1 Bedroom
$885/mo
2 Bedroom
$1,107/mo
3 Bedroom
$1,327/mo
4 Bedroom
$1,629/mo
Census median rent: $795/mo

Market Indicators (Redfin)

Median Days on Market
46 days
Sale-to-List Ratio
0.0%
Buyers market
Homes Sold
1
Price Drops
10.0%
of listings with price reduction
Price Per Sq Ft
$105
Active Inventory
10
homes for sale

Affordability & Housing Stock

Rent Burden
20.2%
of renters spending 30%+ of income on housing
35% below US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
49.0%

Complete Housing Data

Home Values

Census Median Value$171,000
Zillow Home Value (ZHVI)$360,925
Median Sale Price$259,000
Median List Price$260,000
Price Per Sq Ft$105

Rent

Census Median Rent$795
FMR Studio$861
FMR 1-Bedroom$885
FMR 2-Bedroom$1,107
FMR 3-Bedroom$1,327
FMR 4-Bedroom$1,629

Market

Days on Market46
Sale-to-List Ratio0.0%
Price Drops10.0%
Homes Sold1
Active Inventory10
Price Per Sq Ft$105

Ownership & Stock

Owner-Occupied49.0%
Renter-Occupied51.0%
Homeownership Rate49.0%
Total Housing Units728
Median Year Built1976
Rent Burden20.2%