TX area data
Franklin, TX
Franklin, TX.
Population: 5,515 (Census ACS)
Home values & appreciation
- Median home value
- $384,850
- 1-year appreciation
- +2.3%
- 3-year appreciation
- +7.7%
- 5-year appreciation
- +11.5%
- 10-year appreciation
- +39.8%
- All-time peak (2026-04)
- $387,590
- House Price Index
- 440.1 (-0.8% YoY)
Market activity
- Median sale price
- $490,000
- Median list price
- $639,000
- Median days on market
- 157.5 days
- Sale-to-list ratio
- 97.9%
- Active listings
- 42
- 1-year forecast
- +1.1%
- New listings (monthly)
- 8
Rents
- 2-bedroom fair-market rent (HUD reference)
- $1,261/mo
- 3BR fair-market rent
- $1,640/mo
Affordability
- Cost of living index (Average)
- 96.5 (100 = US avg)
- Electricity rate (state-level)
- 15.5¢/kWh
- Natural gas rate (state-level)
- $19.40/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 3
- Elementary schools
- 1
- Middle schools
- 1
- High schools
- 1
Natural hazards & flood risk
- Overall hazard risk
- Very Low
- Top hazards
- drought
- FEMA flood zone
- X
- Flood risk level
- Minimal
Climate (30-year normals)
- Annual precipitation
- 38.7 in
Walkability & transit
- Walkability index
- 7.8 / 20
- Transit service frequency
- -99,999
Amenities
- National parks within ~60 mi
- 1
- Nearest national park
- Waco Mammoth National Monument (57 mi)
- Nearest airport
- Myrtle Creek Ranch Airport (8 mi)
- Nearest major airport
- Easterwood Field (CLL) (34 mi)
- Hospitals nearby (~15 mi)
- 3
- Avg hospital rating
- 3.0 / 5
- Solar radiation rating
- Good (4.7 kWh/m²/day)
Migration
- Net migration
- +88 tax filers
Housing stock
- Median year housing built
- 1,994
- Median annual property tax
- $2,648
- Mean commute to work
- 26 min
- Households with broadband internet
- 57.3%
Employment & development
- Total county employment
- 4,339
- Average weekly wage
- $1,263
- Top industries (by employment)
- Wholesale Trade, Accommodation & Food, Construction
- Annual residential building permits (county)
- 64
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 →