Franklin Indiana Real Estate
Franklin, Indiana, is located in Johnson County, of , and 21 miles S of Indianapolis, Indiana. Franklin has a population of 19,463.
Franklin Homes
Franklin properties pool is 6,950 residential properties including Franklin new homes. Median age of real estate in Franklin is 1978. Average Household size is 3.04 people. 1% are one bedroom homes, 26% are 2 bedroom homes, 59% are 3 bedroom homes, 13% are 4 bedroom homes, and 2% are 5+ bedroom homes.
Franklin Mortgage Statistics
Franklin mortgages vs. USA median statistics
Homes |
Franklin |
USA |
Homes With No Mortgage |
27% |
30% |
Homes With Mortgage |
73% |
70% |
First Mortgage Only |
60% |
54% |
First & Second Mortgage or HELOC |
14% |
16% |
Franklin Area Real Estate Tax
Franklin Real estate Tax: Median Real Estate Taxes (2000) were $946 comparing to 1999 Median Family income $ 52,304. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Franklin School District: Children make up 26% of Franklin population. Franklin has 5,053 under 18 years old residents, or 0.53 kids per one worker, or 0.73 kids per one household.
Franklin Real Estate & Franklin Homeownership
There are 1598.5 or 23% one person households, 2363 or 34% two person households, and 1251 or 18% three person households in Franklin, Indiana. Median residents age is 33, Senior citizens (65+) make up 3,069 or 15.8%% of Franklin population.
There are 9,568 workers (over 16 years of age) in Franklin. Of these, 94.01% drive to work. Approximately 0.19% of workers in Franklin take public transportation. An estimated 2.84% walk to work.
Median Franklin homeowner's housing expences are 18.1%
Crime in Franklin (2003), crimes per 10,000 residents per year
Type of Crime |
Franklin |
USA, 2003 |
Violent Crimes |
28.26 |
47.5 |
Robberies |
2.57 |
14.2 |
Aggravated Assaults |
24.66 |
29.5 |
Property Crimes |
648.41 |
358.8 |
Burglaries |
46.76 |
74.0 |
Larceny-Thefts |
586.24 |
241.5 |
Motor Vehicle Thefts |
15.41 |
43.3 |
Invest in Franklin Properties
When making a decision about buying real estate in Franklin Indiana area, you should consider following statistical data:
Category |
Franklin |
USA |
Near Medium City |
|
- |
Near Large City |
Indianapolis, Indiana |
- |
Franklin Zip Codes |
46131 |
- |
Franklin Area Codes |
317 |
- |
White population |
96.69% |
75.1% |
African-American population |
1.18% |
12.3% |
Asian |
0.51% |
3.6% |
American Indian & Alaskan |
0.18% |
0.9% |
Hispanic (of any race) |
1.31% |
12.5% |
Median Family Income (1999) |
$ 52,304% |
$42,000 |
Population Below Poverty Level |
7.27% |
12.4% |
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