Franklin, Ohio Housing

Franklin, Ohio has a population of 11,840, with a median household income of $64,800.

Current housing data for Franklin.

$224,400

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Population

11,840

💰

Median Income

$64,800

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Unemployment

2.90%

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Housing Price

$224,400

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Crime Rate

0.20

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Internet Speed

202.50 Mbps

Franklin is a small local community located in Ohio. The city has a population that is above the average city population in Ohio, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Franklin is a notable city in Ohio, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Franklin has a population of 11,840, which is higher than the state average. This indicates a relatively larger urban presence within Ohio.

Income and Economy

The median household income in Franklin is $64,800, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Franklin average around $224,400, which is relatively high compared to other cities in Ohio.

Employment and Safety

The unemployment rate in Franklin is 2.90%, which is lower than the state average, indicating a relatively strong job market. Franklin has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Ohio, Franklin shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Franklin offers a balanced mix of economic conditions, population trends, and housing opportunities within Ohio.

Frequently Asked Questions about Franklin

What is the population of Franklin?

The population of Franklin is approximately 11,840.

Is Franklin a good place to live?

Franklin offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Franklin?

The median household income in Franklin is around $64,800.

How expensive is housing in Franklin?

The average housing price in Franklin is approximately $224,400.