Housing costs in Franklin?
A typical home costs
$117,100, which is 65.4% less expensive than the national average of
$338,100 and 35.6% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Franklin costs
$710 per month, which is 50.3% cheaper than the national average of
$1,430 and 18.3% cheaper than the state average of
$840.
Can I afford Franklin?
To live comfortably in Franklin (zip 72536), Arkansas, a minimum annual income of
$22,320 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Franklin?
The cost of living in 72536 Franklin, AR is relatively inexpensive. The median home price in the area is around $80,000, which is significantly lower than the national median of $200,000. The median household income for the area is also lower than the national average, coming in at around $41,000 compared to the national average of $55,000. Although a lower cost of living can make this area attractive for people on a budget, it should be noted that there are fewer jobs available due to its rural location. Additionally, services such as public transportation may not be as readily available as they are in larger cities.