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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

1,693

100.0%

 

 

 

With a mortgage

1,124

66.4%

Less than $200 monthly

0

0.0%

$200 - $299 monthly

6

0.5%

$300 - $399 monthly

48

4.3%

$400 - $499 monthly

66

5.9%

$500 - $599 monthly

85

7.6%

$600 - $699 monthly

61

5.4%

$700 - $799 monthly

107

9.5%

$800 - $899 monthly

101

9.0%

$900 - $999 monthly

83

7.4%

$1,000 - $1,499 monthly

394

35.1%

$1,500 - $1,999 monthly

121

10.8%

$2,000 - $2,499 monthly

31

2.8%

$2,500 - $2,999 monthly

14

1.2%

$3,000 or more monthly

7

0.6%

Median in dollars

1,007

 

 

 

 

Without a mortgage

569

33.6%

Less than $100 monthly

24

4.2%

$100 - $149 monthly

7

1.2%

$150 - $199 monthly

43

7.6%

$200 - $249 monthly

60

10.5%

$250 - $299 monthly

154

27.1%

$300 - $399 monthly

177

31.1%

$400 - $499 monthly

72

12.7%

$500 - $699 monthly

24

4.2%

$700 or more monthly

8

1.4%

Median in dollars

299

 


Housing costs as a percentage of monthly income (1999)

Number

Percent

With a mortgage

1,124

66.4%

Less than 20%

416

37.0%

20 - 24%

154

13.7%

25 - 29%

164

14.6%

30 - 34%

114

10.1%

35% or more

263

23.4%

Not computed

13

1.2%

Median

24.5%

 

 

 

 

Without a mortgage

569

33.6%

Less than 20%

459

80.7%

20 - 24%

19

3.3%

25 - 29%

45

7.9%

30 - 34%

8

1.4%

35% or more

32

5.6%

Not computed

6

1.1%

Median

10.0%

 





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