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Franklin, WI
Full City Profile · Wisconsin · Walworth County County
3.9
/5.0
B+
Good
35,751
Population
1,034/sq mi density
$108,342
Median Income
$51,764 per capita
$343,400
Home Value
$426,099 Zillow
$1,325
Median Rent
32.1% income on rent
47°F
Avg Temperature
260 sunny days/yr
70
Violent Crime/100K
1,606 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$108,342 median income, 2.2% unemployment
A+
Affordability
4.9 / 5.0
$343,400 home value, $1,325/mo rent
F
Safety
1.0 / 5.0
70 violent crimes/100K
A+
Education
4.6 / 5.0
45.4% bachelor's degree or higher
Housing Overview
Median Home Value
$343,400
22% above
US avg: $281,900
Median Rent
$1,325/mo
14% above
US avg: $1,163/mo
Homeownership Rate
77.8%
19% above US avg (65.4%)
Total Housing Units
14,697
Median year built: 1990
Home Value by Source
Census Median
$343,400
Zillow (ZHVI)
$426,099
Median Sale Price
$533,230
Median List Price
$458,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
77.8%
Owner-Occupied
22.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$797/mo
1 Bedroom
$872/mo
2 Bedroom
$1,097/mo
3 Bedroom
$1,405/mo
4 Bedroom
$1,572/mo
Census median rent:
$1,325/mo
· Zillow rent:
$1,722/mo
Market Indicators (Redfin)
Median Days on Market
43 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
27
Price Drops
17.0%
of listings with price reduction
Price Per Sq Ft
$222
Active Inventory
53
homes for sale
Affordability & Housing Stock
Rent Burden
32.1%
of renters spending 30%+ of income on housing
4% above US avg (31.0%)
Median Year Built
1990
Average age of housing stock: 36 years
Homeownership Rate
77.8%
Complete Housing Data
Home Values
| Census Median Value | $343,400 |
| Zillow Home Value (ZHVI) | $426,099 |
| Median Sale Price | $533,230 |
| Median List Price | $458,500 |
| Price Per Sq Ft | $222 |
Rent
| Census Median Rent | $1,325 |
| Zillow Rent (ZORI) | $1,722 |
| FMR Studio | $797 |
| FMR 1-Bedroom | $872 |
| FMR 2-Bedroom | $1,097 |
| FMR 3-Bedroom | $1,405 |
| FMR 4-Bedroom | $1,572 |
Market
| Days on Market | 43 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 17.0% |
| Homes Sold | 27 |
| Active Inventory | 53 |
| Price Per Sq Ft | $222 |
Ownership & Stock
| Owner-Occupied | 77.8% |
| Renter-Occupied | 22.2% |
| Homeownership Rate | 77.8% |
| Total Housing Units | 14,697 |
| Median Year Built | 1990 |
| Rent Burden | 32.1% |