Housing costs in Franklin?
A typical home costs
$280,900, which is 16.9% less expensive than the national average of
$338,100 and 5.6% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Franklin costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and 29.3% cheaper than the state average of
$1,280.
Can I afford Franklin?
To live comfortably in Franklin, Texas, a minimum annual income of
$54,000 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Franklin?
Franklin, TX is a great place to live, offering a wide range of amenities at an affordable cost. The cost of living in Franklin is quite low, with the median home price hovering around $127,000 and the average rent being just over $800 per month. Taxes are also very reasonable in Franklin, with property taxes being among some of the lowest in the region. In addition to low housing expenses, groceries and other essential items can normally be found for lower than the national average. All these factors combine to make Franklin an ideal place to live and enjoy a comfortable lifestyle at an affordable cost.