Home / Select Cities  /  2024 Comparing Franklin, TN vs. Federal Way, WA

2024 Compare Cities Housing:
Franklin, TN vs Federal Way, WA

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Highlights
- The median age of a home in Franklin is 68.2% younger than the median age of a home in Federal Way.

Housing
 Franklin, TNFederal Way, WAUnited States
 Median Home Age223742
 Median Home Cost$784,100$542,500$338,100
 Home Appr. Last 12 months25.0%14.8%16.6%
 Home Appr. Last 5 yrs.81.0%61.9%57.0%
 Home Appr. Last 10 yrs.142.5%167.2%101.1%
 Property Tax Rate$5.6$10.2$11.0
 Homes Owned62.7%52.1%57.4%
 Housing Vacant4.3%4.8%11.2%
 Homes Rented33.0%43.1%31.4%
 space
 Avg Rent For Home Or Apartment
 Franklin, TNFederal Way, WAUnited States
 Average Rent$2,280$2,530$1,840
 Studio Apartment$1,600$1,590$1,080
 1 Bedroom Home or Apartment$1,640$1,630$1,180
 2 Bedroom Home or Apartment$1,850$1,910$1,430
 3 Bedroom Home or Apartment$2,310$2,560$1,860
 4 Bedroom Home or Apartment$2,860$2,990$2,160
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 Vacant Housing
 Franklin, TNFederal Way, WAUnited States
 Vacant For Rent1.7%2.3%1.9%
 Vacant Rented0.1%0.3%0.4%
 Vacant For Sale0.5%0.5%0.7%
 Vacant Sold0.3%0.1%0.4%
 Vacant Vacation0.7%0.1%3.6%
 Vacant Other1.1%1.4%4.1%
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 Owner-Occupied Housing Value
 Franklin, TNFederal Way, WAUnited States
 Less Than $20,0000.8%2.1%2.6%
 $20,000 to $39,9990.3%1.3%2.4%
 $40,000 to $59,9990.2%0.7%2.8%
 $60,000 to $79,9990.0%0.6%3.9%
 $80,000 to $99,9990.3%0.7%4.5%
 $100,000 to $149,9990.7%1.2%11.3%
 $150,000 to $199,9992.1%6.1%13.0%
 $200,000 to $299,9998.1%14.7%20.1%
 $300,000 to $399,99920.3%26.7%13.6%
 $400,000 to $499,99925.2%24.7%8.3%
 $500,000 to $749,99928.2%16.1%9.7%
 $750,000 to $999,9999.9%3.0%3.9%
 $1,000,000 to $1,499,9992.2%1.3%2.2%
 $1,500,000 to $1,999,9990.9%0.1%0.8%
 $2,000,000 and over0.8%0.6%1.1%
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 Housing Units By Year Built
 Franklin, TNFederal Way, WAUnited States
 2015 and Newer0.2%0.1%0.2%
 2010 to 201423.8%8.1%13.6%
 2000 to 200923.8%8.1%13.6%
 1990 to 199926.3%18.7%13.6%
 1980 to 198911.4%23.7%13.2%
 1970 to 19796.1%21.7%14.8%
 1960 to 196926.3%18.7%13.6%
 1950 to 19591.8%3.3%10.0%
 1940 to 19491.5%0.8%4.7%
 1939 or Earlier1.8%0.9%12.2%

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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

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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

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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

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Reviews for Federal Way    14 Reviews

Over 5 years ago

A suburb of The Emerald City (Seattle, WA), Federal Way has become yet another go-to place for affluent travelers and transplants from states all over the nation. The  More

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I want to move my family to austin i havent bin there but we want some ware housing is affortable i have four boys age 6,3,2 and a baby of 2 months and ware theres jobs  More

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I have lived in Brooklyn NY, West Palm Beach & Port St Lucie, FL and now Federal Way, WA. While the cost of living here is higher than Florida, it is definitely lower  More

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ZIPS IN FRANKLIN, TENNESSEE
37064 37067 37069
ZIPS IN FEDERAL WAY, WASHINGTON
98023 98003

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