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Franklin Louisiana Real Estate By Jennifer Hershey

Franklin Louisiana Real Estate

Franklin, Louisiana, is located in St Mary County, 42 miles SE of Lafayette, Louisiana and 234 miles E of Houston, Texas. Franklin has a population of 8,354.

Franklin Homes

Franklin properties pool is 3,068 residential properties including Franklin new homes. Median age of real estate in Franklin is 1963. Average Household size is 3.26 people. 2% are one bedroom homes, 25% are 2 bedroom homes, 59% are 3 bedroom homes, 13% are 4 bedroom homes, and 1% are 5+ bedroom homes.

Franklin Mortgage Statistics

Franklin mortgages vs. USA median statistics

Homes Franklin USA
Homes With No Mortgage 56%
30%
Homes With Mortgage 44%
70%
First Mortgage Only 38%
54%
First & Second Mortgage or HELOC 6%
16%

Franklin Area Real Estate Tax

Franklin Real estate Tax: Median Real Estate Taxes (2000) were $199 comparing to 1999 Median Family income $ 30,625. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Franklin School District: Children make up 30.4% of Franklin population. Franklin has 2,541 under 18 years old residents, or 0.84 kids per one worker, or 0.83 kids per one household.

Franklin Real Estate & Franklin Homeownership

There are 767 or 25% one person households, 920.4 or 30% two person households, and 552.24 or 18% three person households in Franklin, Louisiana. Median residents age is 35.2, Senior citizens (65+) make up 1,122 or 13.4%% of Franklin population.

There are 3,019 workers (over 16 years of age) in Franklin. Of these, 90.2% drive to work. Approximately 0.5% of workers in Franklin take public transportation. An estimated 3.91% walk to work.

Median Franklin homeowner's housing expences are 14.3%

Crime in Franklin (2003), crimes per 10,000 residents per year

Type of Crime Franklin USA, 2003
Violent Crimes
NaN
47.5
Robberies
NaN
14.2
Aggravated Assaults
NaN
29.5
Property Crimes
NaN
358.8
Burglaries
NaN
74.0
Larceny-Thefts
NaN
241.5
Motor Vehicle Thefts
NaN
43.3

Invest in Franklin Properties

When making a decision about buying real estate in Franklin Louisiana area, you should consider following statistical data:

Category Franklin USA
Near Medium City
Lafayette, Louisiana
-
Near Large City
Houston, Texas
-
Franklin Zip Codes
70538
-
Franklin Area Codes
337
-
White population
47.47%
75.1%
African-American population
50%
12.3%
Asian
0.31%
3.6%
American Indian & Alaskan
0.63%
0.9%
Hispanic (of any race)
0.79%
12.5%
Median Family Income (1999)
$ 30,625%
$42,000
Population Below Poverty Level
27.62%
12.4%

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