2025 Compare Cities Housing:
Franklin, NC vs Ann Arbor, MI

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Highlights
- The median age of a home in Franklin is 19.0% younger than the median age of a home in Ann Arbor.
 Franklin, NCAnn Arbor, MIUnited States
 Median Home Age42  Unlock42
 Median Home Cost  Unlock$455,500$338,100
 Home Appr. Last 12 months22.1%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock49.3%57.0%
 Home Appr. Last 10 yrs.106.2%  Unlock101.1%
 Property Tax Rate  Unlock$17.8$11.0
 Homes Owned50.1%  Unlock57.4%
 Housing Vacant  Unlock6.2%11.2%
 Homes Rented35.4%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Franklin, NCAnn Arbor, MIUnited States
 Average Rent  Unlock$1,950$1,840
 Studio Apartment$710  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,360$1,180
 2 Bedroom Home or Apartment$860  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,980$1,860
 4 Bedroom Home or Apartment$1,380  Unlock$2,160
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 Vacant Housing
 Franklin, NCAnn Arbor, MIUnited States
 Vacant For Rent  Unlock1.9%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.4%0.7%
 Vacant Sold1.3%  Unlock0.4%
 Vacant Vacation  Unlock1.1%3.6%
 Vacant Other6.2%  Unlock4.1%
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 Owner-Occupied Housing Value
 Franklin, NCAnn Arbor, MIUnited States
 Less Than $20,000  Unlock0.7%2.6%
 $20,000 to $39,9992.6%  Unlock2.4%
 $40,000 to $59,999  Unlock0.0%2.8%
 $60,000 to $79,9992.1%  Unlock3.9%
 $80,000 to $99,999  Unlock0.7%4.5%
 $100,000 to $149,99927.3%  Unlock11.3%
 $150,000 to $199,999  Unlock6.4%13.0%
 $200,000 to $299,99911.9%  Unlock20.1%
 $300,000 to $399,999  Unlock24.6%13.6%
 $400,000 to $499,9994.9%  Unlock8.3%
 $500,000 to $749,999  Unlock14.9%9.7%
 $750,000 to $999,9990.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock2.5%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.1%1.1%
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 Housing Units By Year Built
 Franklin, NCAnn Arbor, MIUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock5.8%13.6%
 2000 to 200911.1%  Unlock13.6%
 1990 to 1999  Unlock11.7%13.6%
 1980 to 198919.0%  Unlock13.2%
 1970 to 1979  Unlock16.9%14.8%
 1960 to 196911.7%  Unlock13.6%
 1950 to 1959  Unlock11.1%10.0%
 1940 to 19493.3%  Unlock4.7%
 1939 or Earlier  Unlock15.0%12.2%
Reviews for Franklin    4 Reviews

Great mountain town. Friendly people and lots to do.  More

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Over 10 years ago

I agree with some of the posts on here saying that Franklin is more than willing to take your money, but it's difficult to fit in if you 'aren't from around here, are  More

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Franklin will welcome you if you are a vacationer but move here and it is a whole different story. We are one of those families that would vacation here every year and  More

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Reviews for Ann Arbor    49 Reviews

Over 8 years ago

Highly educated city. traffic and parking is bad. university culture is nice, not sure about elsewhere. no good pizza! if you're looking for food, I recommend "a taste  More

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Uh, compared to my other favorite college towns this one lacks flavor. Safer and kinda pretty, but not the greenest place, it's fine. Good restaurants, music, art,  More

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Over 10 years ago

Ann Arbor bus service (AATA) is quite good. The Detroit Metro Airport is only a 20 min. drive away and is also quite good. The traffic in Ann Arbor is usually mild  More

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