Housing costs in Franklin?
A typical home costs
$265,300, which is 21.5% less expensive than the national average of
$338,100 and 8.3% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Franklin costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 27.6% cheaper than the state average of
$1,110.
Can I afford Franklin?
To live comfortably in Franklin (zip 28734), North Carolina, a minimum annual income of
$50,760 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Franklin?
The cost of living in 28734 Franklin, NC is relatively low compared to other cities and towns throughout the US. The median household income is $37.4K and the median home value is around $152K, making it a great place for those looking for an affordable cost of living without sacrificing quality. The average housing costs are significantly lower than national averages, with an average rent of around $770 per month for a two-bedroom apartment. Utility costs are also relatively low, with the average electricity bill coming in at around $117 per month. With numerous parks, historical attractions, and other cultural activities in the area, Franklin offers plenty to do without breaking the bank.