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Franklin Housing, Costs

Monthly Franklin housing costs for owner-occupied housing units. Costs are in two categories, for owners with a mortgage, and without a mortgage. Costs are displayed in dollar amounts in the first table, and as a percentage of total income in the second table.


Housing costs

Number

Percent

Specified owner-occupied housing units

9,233

100.0%

 

 

 

With a mortgage

7,978

86.4%

Less than $200 monthly

15

0.2%

$200 - $299 monthly

22

0.3%

$300 - $399 monthly

45

0.6%

$400 - $499 monthly

170

2.1%

$500 - $599 monthly

115

1.4%

$600 - $699 monthly

224

2.8%

$700 - $799 monthly

313

3.9%

$800 - $899 monthly

387

4.9%

$900 - $999 monthly

507

6.4%

$1,000 - $1,499 monthly

2,677

33.6%

$1,500 - $1,999 monthly

2,403

30.1%

$2,000 - $2,499 monthly

694

8.7%

$2,500 - $2,999 monthly

186

2.3%

$3,000 or more monthly

220

2.8%

Median in dollars

1,410

 

 

 

 

Without a mortgage

1,255

13.6%

Less than $100 monthly

18

1.4%

$100 - $149 monthly

84

6.7%

$150 - $199 monthly

125

10.0%

$200 - $249 monthly

122

9.7%

$250 - $299 monthly

171

13.6%

$300 - $399 monthly

358

28.5%

$400 - $499 monthly

220

17.5%

$500 - $699 monthly

126

10.0%

$700 or more monthly

31

2.5%

Median in dollars

331

 


Housing costs as a percentage of monthly income (1999)

Number

Percent

With a mortgage

7,978

86.4%

Less than 20%

3,529

44.2%

20 - 24%

1,512

19.0%

25 - 29%

987

12.4%

30 - 34%

619

7.8%

35% or more

1,306

16.4%

Not computed

25

0.3%

Median

21.5%

 

 

 

 

Without a mortgage

1,255

13.6%

Less than 20%

998

79.5%

20 - 24%

90

7.2%

25 - 29%

29

2.3%

30 - 34%

15

1.2%

35% or more

90

7.2%

Not computed

33

2.6%

Median

10.0%

 





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