Franklin: Housing & Real Estate
Franklin homes sell at a median $116,900, with median rent $731 (about the same as Venango County median $740; 1.5× below Pennsylvania median $1,118). Homeownership rate: 47.5%. That's 1.1× higher than the Venango County median ($108,500); 2.0× below the Pennsylvania median ($237,023). A municipal building code is in effect.
- 2.5× annual income — home value vs. household income (vs Pennsylvania 2.9×).
- 13.3 years to break even renting at the median (vs Pennsylvania 18y).
Home Values & Rent
Median home value $116,900 — 0.5× the Pennsylvania median ($237,022). Median rent $731/month. homeownership rate 47.5% — below the U.S. share of ~65%.
| Median Home Value | $116,900 (vs Pennsylvania $237,023) |
|---|---|
| Median Rent | $731 (vs Pennsylvania $1,118) |
Other
| Homeownership Rate | 47.5% |
|---|---|
| Median Year Built | 1938 |