Franklin County, GA

Comprehensive housing, income, and cost of living data for Franklin County, Georgia. Population: 23.5K.

Median Home Price
$304.2K

Based on 3 cities

Median Household Income
$52.3K

Annual household income

Price-to-Income Ratio
5.8x

Less affordable

Salary Needed to Buy
$75.8K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax
$1,231

Average annual amount

Effective Tax Rate
0.40%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$1,538
Property Tax$103
Insurance$127
Total Monthly$1,768
Historical Home Prices
2015
$115.6K
2016
$121.4K
+4.9%%
2017
$128.7K
+6.0%%
2018
$143.1K
+11.2%%
2019
$154.4K
+7.9%%
2020
$182.0K
+17.8%%
2021
$218.3K
+20.0%%
2022
$249.0K
+14.1%%
2023
$261.8K
+5.1%%
2024
$273.8K
+4.6%%
2025
$279.0K
+1.9%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
3.5%%

Below national average

Population Density
90

People per square mile

Homicide Rate
9.3

Medium (per 100K residents)

Political Lean (2020)
Competitive

R+1

Racial Demographics

White
81.5%
Black
8.4%
Hispanic
5.2%
Asian
1.6%
Two or More Races
2.9%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature
61°F

Annual average

Sunny Days
205

Days per year

Annual Rainfall
50.1"

Inches per year

Natural Disaster Risk
Moderate Risk

Score: 33/100

January Low
10°F

Average winter low

July High
83°F

Average summer high

Frequently Asked Questions

What is the median home price in Franklin County, GA?

The median home price in Franklin County, Georgia is $304.2K. The price-to-income ratio is 5.8x, meaning the median home costs 5.8 times the median household income.

What salary do you need to buy a home in Franklin County?

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $75.8K per year to buy the median home in Franklin County, GA. Monthly housing costs break down to $1,538 for mortgage, $103 for property tax, and $127 for insurance.

What is the property tax rate in Franklin County?

The effective property tax rate in Franklin County is 0.40%, which comes to approximately $1,231 per year on the median home.

What is the median household income in Franklin County?

The median household income in Franklin County, Georgia is $52.3K per year, based on Census Bureau American Community Survey data. The unemployment rate is 3.5%%.

Is Franklin County a good place to live?

Franklin County, Georgia has a population of 23.5K. Housing affordability is moderate with a price-to-income ratio of 5.8x. The climate averages 61 degrees F with 205 sunny days per year. Compare Franklin County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.