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Franklin Mortgage Quotes And Real Estate


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Franklin Mortgage and Real Estate Facts

Overview

House hunters in Franklin will find an estimated 3,068 individual houses, condominiums, and apartments. Approximately 67% of housing in the city is owner-occupied.

Franklin Mortgage

At least 44% of home owners in Franklin are making mortgage payments. Like 6% of homeowners in the city, you might also use your home's equity with a second mortgage or home equity loan.

Mortgage and interest rate quotes for the Franklin area (or anywhere else you choose in the US) are available, without obligation or credit checks:

Franklin Mortgage Statistics

CategoryValue
Homes With No Mortgage56%
With A Mortgage44%
First Mortgage Only38%
Second Mortgage or Home Equity Loan6%
Second Mortgage Only5%
Home Equity Loan Only1%

Franklin Housing Expenses

CategoryValue
Owner Costs as % of Income14.3%
Median Real Estate Taxes (2000)$199

Franklin Household Size

CategoryValue
Total Occupied3,068
1-Person Households25%
2-Person Households30%
3-Person Households18%
4-Person Households14%
5-Person Households9%
6-Person Households3%
7+-Person Households1%

Franklin Housing Stock

CategoryValue
Median Year Built1963
Median Year Built (Owner Occupied)1962
Median Year Built (Renter Occupied)1964

Franklin Home Heating

CategoryValue
Using Utility Co. Gas Heat73%
Using Bottled/Tank Gas Heat0%
Using Electric Heat26%
Using Oil Heat0%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Franklin Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom2%
2 Bedrooms25%
3 Bedrooms59%
4 Bedrooms13%
5+ Bedrooms1%

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