Franklin
Franklin city, Ohio
If you're seeking a slice of Americana with a refreshingly low price tag, Franklin, Ohio, should be on your radar. This charming town, home to just under 12,000 residents, offers a lifestyle that's both laid-back and surprisingly vibrant. Imagine a place where the median home value clocks in at a mere $141,200 – a stark contrast to the national average of around $350,000. This affordability extends to the overall cost of living, making it an attractive option for those looking to stretch their dollars further. Franklin's appeal lies in its friendly atmosphere and the sense of community that permeates daily life.
From an investment perspective, Franklin presents a compelling case. While the median household income sits at $52,966, the significantly lower housing costs mean residents experience a higher quality of life. The town is ideal for first-time homebuyers, young families, and those looking to downsize without sacrificing comfort. While I don't have unemployment or walk score figures, the town does offer a safe environment and a stable housing market.
Franklin, Ohio at a Glance
Franklin is a city in Franklin city, Ohio with a population of approximately 11,672. The median home value is $141,200 and the median household income is $52,966. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.4 per 1,000 residents, which is 61% below the national average. Air quality is rated Good. The overall climate risk is rated as "Very Low." Median rent is $888 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$141,200
Median Income
$52,966
Population
11,672
Walk Score
0
Air Quality
AQI 43
Good
Climate Risk
Very Low
Good
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- Population
- 11,672
- Median Age
- N/A
- Median Household Income
- $52,966
29% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 19.8%
60% above nat'l avg
- Median Home Value
- $141,200
50% below nat'l avg
- Median Rent
- $888
24% below nat'l avg
- Homeownership Rate
- 88.0%
34% above nat'l avg
- Affordability Index
- 135
35% above nat'l avg
- Violent Crime Rate
- 1.4 per 1K
61% below nat'l avg
- Property Crime Rate
- 5.7 per 1K
70% below nat'l avg
- AQI
- 43
Near nat'l avg
- Category
- Good
- Overall Risk
- Very Low
- Risk Score
- 7.70
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 14.5¢/kWh
13% below nat'l avg
- Est. Monthly Electric
- $131
4% below nat'l avg
- Unemployment Rate
- 3.9%
5% above nat'l avg
- Poverty Rate
- 19.8%
60% above nat'l avg
Weather & Climate in Franklin
Avg High
61°F
Avg Low
44°F
Annual Rainfall
44.9"
Avg Humidity
72%
Political Landscape
→ Politically stable
Based on Morrow County county-level presidential election data
Culture & Things to Do in Franklin
Franklin Canal Days Festival
Annual festival with arts, crafts, food vendors, and entertainment.
Franklin Fall Fest
A community event held in the fall with food, crafts, and activities.
Franklin Farmers Market
A seasonal market offering local produce and goods.
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