The median home value in Franklin, NC is $258,900. This is lower than the county median home value of $316,800. The national median home value is $338,100. The average price of homes sold in Franklin, NC is $258,900. Approximately 50.15% of Franklin homes are owned, compared to 35.40% rented, while 14.46% are vacant. Franklin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Franklin real estate agent to arrange a tour today!
Learn More About Franklin Real EstateFranklin has a population of approximately 4,131 and experiences a population change rate of 18.37%. The population density is 843.6 / sq mi.
The median household income for Franklin is $36,158, with 2,047 households and an average household size of 2.01.
The cost of living index in Franklin is 86.6%.
The median value of a home in Franklin is $258,900 with an appreciation rate of 22.1%. 50.1% of housing in the city is owned while 35.4% is rented.
The unemployment rate in Franklin is 3.00%, and recent job growth is at -0.34%. Future job growth is projected at 46.42%.
The sales tax rate in Franklin is 7.00%, while the income tax rate is 4.99%.
School expenditures in Franklin are $11,276, and the school ratio is 13.5:1.
The average high temperature in July is 84.5 degrees, with an average low temperature in January of 23.5 degrees. The average rainfall is approximately 58.1 inches per year, with 5.4 inches of snow per year.
Metric | City | County |
---|---|---|
High School Graduates | 78.09 | 88.84 |
College Degree - 2 year | 8.38 | 9.16 |
College Degree - 4 year | 20.74 | 23.97 |
Graduate Degree | 2.95 | 6.51 |
Expenditures per Student | $11,276 | $11,276 |
Students per Teacher | 13.50 | 13.50 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Cartoogechaye Elementary School | PK - 04 | 340 | 15.5 | 28734 |
Cullowhee Valley School | KG - 08 | 589 | 13.4 | 28723 |
East Franklin Elementary School | KG - 04 | 388 | 14.9 | 28734 |
Iotla Valley Elementary School | PK - 04 | 402 | 12.5 | 28734 |
Mountain Discovery | KG - 08 | 190 | 13.6 | 28713 |
South Macon Elementary School | PK - 04 | 499 | 14.8 | 28734 |
Swain County East Elementary School | PK - 05 | 458 | 17.4 | 28713 |
Swain County West Elementary School | PK - 05 | 436 | 15 | 28713 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Macon Middle School | 07 - 08 | 565 | 13.6 | 28734 |
Mountain View Intermediate School | 05 - 06 | 571 | 15 | 28734 |
Swain County Middle School | 06 - 08 | 529 | 14.1 | 28713 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Franklin High School | 09 - 12 | 931 | 15 | 28734 |
Macon Early College High School | 09 - 13 | 183 | 45.8 | 28734 |
Swain County High School | 09 - 12 | 590 | 13.3 | 28713 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Cherokee Extension School | KG - 12 | 87 | 21.8 | 28713 |
Highlands School | KG - 12 | 351 | 11.6 | 28741 |
Union Academy | 06 - 12 | 114 | 11.7 | 28734 |