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NC area data

Franklin, NC

Franklin, NC.

Population: 29,659 (Census ACS)

Home values & appreciation

Median home value
$304,161
1-year appreciation
+1.3%
3-year appreciation
+11.8%
5-year appreciation
+36.2%
10-year appreciation
+114.2%
All-time peak (2026-05)
$304,483
House Price Index
438.2 (+1.0% YoY)

Market activity

Days to pending
67 days
New listings (monthly)
73

Rents

Typical rent
$1,164/mo

Affordability

Cost of living index (Below Average)
92.5 (100 = US avg)
Electricity rate (state-level)
14.0¢/kWh
Natural gas rate (state-level)
$16.40/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
10
Elementary schools
4
Middle schools
2
High schools
3

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
coldWave, landslide, iceStorm, lightning

Climate (30-year normals)

Average annual temperature
56.0°F
Average high
68.0°F
Average low
45.0°F
Annual precipitation
57.5 in

Air quality

Air quality rating
Good
Median AQI (annual)
34
Days with Good air quality
342

Amenities

National parks within ~60 mi
3
Nearest national park
Great Smoky Mountains National Park (31 mi)
Nearest airport
Macon County Airport (5 mi)
Nearest major airport
Western Carolina Regional Airport (25 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
2.0 / 5
Solar radiation rating
Fair (4.4 kWh/m²/day)

Migration

Net migration
+269 tax filers

Housing stock

Median year housing built
1,987
Median annual property tax
$967
Mean commute to work
21 min
Households with broadband internet
60.9%

Employment & development

Total county employment
10,643
Average weekly wage
$874
Top industries (by employment)
Accommodation & Food, Health Care, Professional Services
Annual residential building permits (county)
218

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents