Home / Select Cities  /  2024 Comparing Springfield, OH vs. Franklin, KY

2024 Compare Cities Housing:
Springfield, OH vs Franklin, KY

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Highlights
- The median age of a home in Springfield is 37.7% older than the median age of a home in Franklin.

Housing
 Springfield, OHFranklin, KYUnited States
 Median Home Age694342
 Median Home Cost$153,600$203,500$338,100
 Home Appr. Last 12 months13.5%17.9%16.6%
 Home Appr. Last 5 yrs.57.2%51.9%57.0%
 Home Appr. Last 10 yrs.73.1%77.7%101.1%
 Property Tax Rate$15.0$7.9$11.0
 Homes Owned44.0%44.8%57.4%
 Housing Vacant14.2%11.6%11.2%
 Homes Rented41.8%43.6%31.4%
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 Avg Rent For Home Or Apartment
 Springfield, OHFranklin, KYUnited States
 Average Rent$1,100$1,190$1,840
 Studio Apartment$610$650$1,080
 1 Bedroom Home or Apartment$700$690$1,180
 2 Bedroom Home or Apartment$920$900$1,430
 3 Bedroom Home or Apartment$1,120$1,210$1,860
 4 Bedroom Home or Apartment$1,230$1,220$2,160
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 Vacant Housing
 Springfield, OHFranklin, KYUnited States
 Vacant For Rent1.9%0.5%1.9%
 Vacant Rented1.4%0.0%0.4%
 Vacant For Sale0.4%1.6%0.7%
 Vacant Sold0.3%0.0%0.4%
 Vacant Vacation0.1%0.0%3.6%
 Vacant Other10.1%9.5%4.1%
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 Owner-Occupied Housing Value
 Springfield, OHFranklin, KYUnited States
 Less Than $20,0003.8%3.0%2.6%
 $20,000 to $39,9998.1%3.8%2.4%
 $40,000 to $59,99913.3%2.6%2.8%
 $60,000 to $79,99919.8%12.6%3.9%
 $80,000 to $99,99913.8%12.5%4.5%
 $100,000 to $149,99922.2%21.4%11.3%
 $150,000 to $199,9999.6%14.9%13.0%
 $200,000 to $299,9996.6%20.3%20.1%
 $300,000 to $399,9990.7%4.4%13.6%
 $400,000 to $499,9990.8%2.3%8.3%
 $500,000 to $749,9991.1%2.3%9.7%
 $750,000 to $999,9990.1%0.0%3.9%
 $1,000,000 to $1,499,9990.0%0.0%2.2%
 $1,500,000 to $1,999,9990.1%0.0%0.8%
 $2,000,000 and over0.0%0.0%1.1%
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 Housing Units By Year Built
 Springfield, OHFranklin, KYUnited States
 2015 and Newer0.0%0.2%0.2%
 2010 to 20144.2%10.6%13.6%
 2000 to 20094.2%10.6%13.6%
 1990 to 19994.9%19.2%13.6%
 1980 to 19895.4%5.2%13.2%
 1970 to 197911.7%20.7%14.8%
 1960 to 19694.9%19.2%13.6%
 1950 to 195915.5%7.6%10.0%
 1940 to 19497.7%3.9%4.7%
 1939 or Earlier38.6%8.0%12.2%

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Reviews for Springfield    7 Reviews

Over 5 years ago

Springfield’s housing is cheap, because a great deal of the homes are dilapidated. There are many blocks which have two or three out of five houses that are boarded up.  More

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Over 7 years ago

The city survives off government grants and historical tourism. Very depressed atmosphere. The employment starting pay is 10 - 12.00 dollars an hour. The temp service  More

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Over 13 years ago

Being able to afford something in Springfield is pretty much a no-brainer. It kinda has to be however because the economy, while recessed everywhere else, is rather  More

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Reviews for Franklin    4 Reviews

I've been here, for at least 7 years; it's the worst town I've ever lived in. Most people here are boring, there's little-to-nothing to do, and here I am, stuck to  More

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Moved here in April 2018 from Southern CA...best move we ever made! Great place to retire...LOW cost of living, low taxes, cheap gas, great schools & restaurants,  More

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Over 9 years ago

I recently visited Franklin for 3 days 7-24-2015 It was hot 90-95 degrees but not humid, definitely not unbearable. And I live in Ohio! Memphis is unbearable. I talked  More

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ZIPS IN SPRINGFIELD, OHIO
45503 45505 45504 45506
ZIPS IN FRANKLIN, KENTUCKY
42134

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