What is the rental vacancy rate in Franklin Township (Johnson County), IN?
The rental vacancy rate in Franklin Township (Johnson County), IN is 4.8% (±4.2 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.0% (±0.7 points).
499 (±164) homes, 6.2% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Franklin Township (Johnson County), the rental vacancy rate went from 4.3% in 2015–2019 to 4.8% in 2020–2024 (+0.5 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 4.8% (±4.2 points)
- Homeowner vacancy rate
- 0.0% (±0.7 points)
- Vacant homes
- 499 (±164)
Vacancy in Franklin Township (Johnson County) against Johnson County, its state and the nation
| Franklin Township (Johnson County) | Johnson County | Indiana | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 4.8% (±4.2 points) | 5.8% (±2.2 points) | 5.6% (±0.3 points) | 5.5% |
| Homeowner vacancy rate | 0.0% (±0.7 points) | 0.4% (±0.3 points) | 0.8% (±0.1 points) | 0.9% |
| Vacant housing units | 499 (±164) | 3,361 (±633) | 260,559 (±6,417) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Franklin Township (Johnson County), the rental vacancy rate is not measurably different from Johnson County (5.8%).
It is not measurably different from Indiana (5.6%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Franklin Township (Johnson County)
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Franklin Township (Johnson County) | — | 4.8% (±4.2 points) | — |
| Franklin | 2.4 mi | 5.2% (±3.9 points) | Not measurably different |
| Needham Township | 4.9 mi | 9.3% (±9.0 points) | Not measurably different |
| Whiteland | 5.0 mi | 0.0% (±28.8 points) | Not measurably different |
| New Whiteland | 5.4 mi | 12.7% (±16.9 points) | Not measurably different |
| Trafalgar | 5.8 mi | 8.0% (±14.6 points) | Not measurably different |
| Nineveh Township | 5.9 mi | 4.7% (±11.0 points) | Not measurably different |
| Union Township (Johnson County) | 5.9 mi | 16.0% (±22.6 points) | Not measurably different |
| Pleasant Township (Johnson County) | 6.8 mi | 8.0% (±3.5 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Johnson County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 4 (tie) | Trafalgar | 8.0% (±14.6 points) |
| 4 (tie) | Hensley Township | 8.0% (±14.6 points) |
| 4 (tie) | Pleasant Township (Johnson County) | 8.0% (±3.5 points) |
| 7 | Prince's Lakes | 6.8% (±13.4 points) |
| 8 | Greenwood | 5.7% (±2.7 points) |
| 9 | Franklin | 5.2% (±3.9 points) |
| 10 | Franklin Township (Johnson County) | 4.8% (±4.2 points) |
| 11 | Nineveh Township | 4.7% (±11.0 points) |
| 12 | Blue River Township (Johnson County) | 3.8% (±6.3 points) |
| 13 | Edinburgh | 3.6% (±5.9 points) |
| 14 (tie) | Bargersville | 0.0% (±3.7 points) |
| 14 (tie) | Whiteland | 0.0% (±28.8 points) |
| 14 (tie) | Clark Township (Johnson County) | 0.0% (±47.5 points) |
Showing 13 of 17 places in Johnson County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Franklin Township (Johnson County)
Is it hard to find a rental in Franklin Township (Johnson County)?
The rental vacancy rate in Franklin Township (Johnson County), IN is 4.8% (±4.2 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Franklin Township (Johnson County) tighter than it was?
In Franklin Township (Johnson County), the rental vacancy rate went from 4.3% in 2015–2019 to 4.8% in 2020–2024 (+0.5 percentage points), not a measurable change.
How many homes are vacant in Franklin Township (Johnson County)?
An estimated 499 (±164) housing units, 6.2% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Franklin township, Johnson County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Franklin township, Johnson County, Indiana
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Franklin township, Johnson County, Indiana (county subdivision:25468, in state:18 county:081).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Population growth in Franklin Township (Johnson County)
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- Crowding and facilities in Franklin Township (Johnson County)
- Fair Market Rent in Franklin Township (Johnson County)
- Indiana landlord and tenant rules
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- Housing data for every place in Indiana