Home / Select Cities  /  2024 Comparing Richmond, VA vs. Franklin, TN

2024 Compare Cities Housing:
Richmond, VA vs Franklin, TN

Change Cities
Highlights
- The median age of a home in Richmond is 65.1% older than the median age of a home in Franklin.

Housing
 Richmond, VAFranklin, TNUnited States
 Median Home Age632242
 Median Home Cost$327,100$784,100$338,100
 Home Appr. Last 12 months15.2%25.0%16.6%
 Home Appr. Last 5 yrs.57.5%81.0%57.0%
 Home Appr. Last 10 yrs.93.9%142.5%101.1%
 Property Tax Rate$9.5$5.6$11.0
 Homes Owned38.9%62.7%57.4%
 Housing Vacant10.3%4.3%11.2%
 Homes Rented50.8%33.0%31.4%
 space
 Avg Rent For Home Or Apartment
 Richmond, VAFranklin, TNUnited States
 Average Rent$1,680$2,280$1,840
 Studio Apartment$1,140$1,600$1,080
 1 Bedroom Home or Apartment$1,170$1,640$1,180
 2 Bedroom Home or Apartment$1,320$1,850$1,430
 3 Bedroom Home or Apartment$1,710$2,310$1,860
 4 Bedroom Home or Apartment$2,080$2,860$2,160
 space1
 Vacant Housing
 Richmond, VAFranklin, TNUnited States
 Vacant For Rent2.9%1.7%1.9%
 Vacant Rented1.3%0.1%0.4%
 Vacant For Sale0.6%0.5%0.7%
 Vacant Sold0.6%0.3%0.4%
 Vacant Vacation0.3%0.7%3.6%
 Vacant Other4.6%1.1%4.1%
 space2
 Owner-Occupied Housing Value
 Richmond, VAFranklin, TNUnited States
 Less Than $20,0001.1%0.8%2.6%
 $20,000 to $39,9990.4%0.3%2.4%
 $40,000 to $59,9990.9%0.2%2.8%
 $60,000 to $79,9992.9%0.0%3.9%
 $80,000 to $99,9994.2%0.3%4.5%
 $100,000 to $149,99911.4%0.7%11.3%
 $150,000 to $199,99915.1%2.1%13.0%
 $200,000 to $299,99921.0%8.1%20.1%
 $300,000 to $399,99916.5%20.3%13.6%
 $400,000 to $499,9998.6%25.2%8.3%
 $500,000 to $749,99910.3%28.2%9.7%
 $750,000 to $999,9993.9%9.9%3.9%
 $1,000,000 to $1,499,9992.3%2.2%2.2%
 $1,500,000 to $1,999,9990.7%0.9%0.8%
 $2,000,000 and over0.8%0.8%1.1%
 space3
 Housing Units By Year Built
 Richmond, VAFranklin, TNUnited States
 2015 and Newer0.1%0.2%0.2%
 2010 to 20145.3%23.8%13.6%
 2000 to 20095.3%23.8%13.6%
 1990 to 19995.8%26.3%13.6%
 1980 to 19897.1%11.4%13.2%
 1970 to 19799.9%6.1%14.8%
 1960 to 19695.8%26.3%13.6%
 1950 to 195914.7%1.8%10.0%
 1940 to 19499.1%1.5%4.7%
 1939 or Earlier29.6%1.8%12.2%

View More Data >

Reviews for Richmond    109 Reviews

Over 2 years ago

Lived here for a year and it’s not perfect but it’s constantly improving now (areas redevloped, more businesses, job growth). Cost of living is great compared to  More

   |    Reply

Over 3 years ago

We love Richmond so much that when we talk about where we'd like to live if we could live anywhere in the US, we always come back to RVA. We live in the city proper  More

   |    Reply

Over 3 years ago

I'm an out-of-towner but am coming up on 1 year in Richmond. I would summarize it this way: the best thing and the worst thing about Richmond is its location. I'll  More

   |    Reply

Start Your Review of Richmond

Reviews for Franklin    27 Reviews

After visiting here for a week in the summer, I fell in love with the city! Lots of my friends in Florida already moved here from New Port Richey and Wesley Chapel. I  More

   |    Reply

I've lived in Tennessee all my life. I have lived in west,east and middle Tennessee. By far this is the best place I have lived. We have been in Franklin for 8 years. It  More

   |    Reply

I love that this is a greatly diverse community with a large African American and Hispanic community around West Main St./Nachez (I'm addicted to Pueblo Real Mexican  More

   |    Reply

Start Your Review of Franklin

 Most Recent Searches On Compare Cities
COMPARE COST OF LIVING
Compare Richmond, Virginia Cost of Living vs Franklin, Tennessee Cost of Living: Taxes, Childcare, Groceries, Health...
Compare Now


ZIPS IN RICHMOND, VIRGINIA
23223, 23225, 23224, 23220, 23227, 23222, 23226, 23221, 23230, 23219, 11 total
ZIPS IN FRANKLIN, TENNESSEE
37064 37067 37069

PREMIUM SUBSCRIPTION

Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.

Try Now