Housing costs in Franklin?
A typical home costs
$283,500, which is 16.1% less expensive than the national average of
$338,100 and 4.7% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Franklin costs
$1,000 per month, which is 21.9% cheaper than the national average of
$1,280 and 2.0% cheaper than the state average of
$1,020.
Can I afford Franklin?
To live comfortably in Franklin (zip 77856), Texas, a minimum annual income of
$54,360 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Franklin?
The cost of living in 77856 Franklin, TX is generally considered to be higher than the national average. This is likely due to its proximity to large cities such as Houston and Austin, which have higher costs of living than most other areas in the United States. The median home value in 77856 Franklin is $77,400, which is significantly higher than the national median home value of $181,200. The average price for rent in 77856 Franklin is approximately $800 per month, while the national average rent is $949 per month. Additionally, groceries and healthcare tend to be slightly more expensive in this area compared to other parts of the country.