Housing data for Franklin, LA
Franklin, LA has an estimated 6,461 residents and 2,904 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a city in St. Mary Parish.
39.2% of households rent.
The median gross rent is $814 a month.
Its population shrank measurably since 2015–2019 (−7.2%).
Figures last updated on .
- Residents
- 6,461 (±30)
- Housing units
- 2,904 (±263)
- Households that rent
- 39.2%
- Median gross rent
- $814
- Residents since 2015–2019
- −7.2%
What stands out in Franklin
Median real estate taxes: $248 (±$89) in Franklin, lower than in St. Mary Parish ($545).
Median home value: $104,400 (±$10,201) in Franklin, lower than in St. Mary Parish ($138,900).
Homes built before 1980: 80.1% (±10.0 points) in Franklin, higher than in St. Mary Parish (58.4%).
Median household income: $39,518 (±$3,847) in Franklin, lower than in St. Mary Parish ($52,576).
- Property taxes in Franklin
- Home values in Franklin
- Age of homes in Franklin
- Income and affordability in Franklin
Housing in Franklin at a glance
- Median rent: $814 median gross rent a month
- Rent by bedrooms: $735 median gross rent, 2 bedrooms
- Rent burden: 45.5% of renters pay 30% or more of income
- Renters and owners: 39.2% of households rent
- Income and affordability: $39,518 median household income
- Home values: $104,400 median home value
- Homeowner costs: $1,233 median monthly cost with a mortgage
- Property taxes: $248 median real estate taxes a year
- Types of homes: 8.5% of homes are in buildings of 5 or more units
- Bedrooms: 59.7% of homes have 3 or more bedrooms
- Age of homes: 80.1% of homes were built before 1980
- Vacancy rate: 11.1% rental vacancy rate
- Heating fuel: 54.6% heat with utility gas
- Commute and cars: 21.2 minutes average trip to work
- Growth: −7.2% residents since 2015–2019
- How long people stay: 25.8% moved in since 2020
- Crowding and facilities: 5.6% of homes have more than 1 person per room
Franklin against St. Mary Parish, its state and the nation
| Franklin | St. Mary Parish | Louisiana | United States | |
|---|---|---|---|---|
| Residents | 6,461 (±30) | 47,828 (exact) | 4,611,961 (exact) | 334,922,499 |
| Housing units | 2,904 (±263) | 22,507 (±85) | 2,108,902 (±333) | 143,775,355 |
| Households that rent | 39.2% (±7.7 points) | 31.4% (±2.5 points) | 32.6% (±0.4 points) | 34.8% |
| Median gross rent | $814 (±$123) | $848 (±$36) | $1,064 (±$8) | $1,413 |
| Median household income | $39,518 (±$3,847) | $52,576 (±$3,030) | $60,756 (±$408) | $80,734 |
| Median home value | $104,400 (±$10,201) | $138,900 (±$8,393) | $216,500 (±$1,367) | $332,700 |
| Median real estate taxes (a year) | $248 (±$89) | $545 (±$52) | $1,180 (±$13) | $3,119 |
| Built before 1980 | 80.1% (±10.0 points) | 58.4% (±3.5 points) | 46.2% (±0.4 points) | 49.7% |
| Average commute | 21.2 minutes (±3.6) | 23.2 minutes (±2.2) | 25.7 minutes (±0.2) | 26.4 minutes |
| Households with broadband | 84.8% (±4.6 points) | 87.4% (±2.2 points) | 86.6% (±0.2 points) | 91.0% |
| Median age of residents | 37.7 years (±4.9) | 39.7 years (±0.6) | 38.0 years (±0.1) | 38.9 years |
Franklin covers 10.0 square miles of land, about 649 residents per square mile (Census Bureau Gazetteer).
How Franklin has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 6,960 (±37) | 6,461 (±30) | −7.2% | Measurable decrease |
| Housing units | 3,279 (±242) | 2,904 (±263) | −11.4% | Measurable decrease |
| Median gross rent | $744 (±$54) | $814 (±$123) | +9.4% | No measurable change after inflation |
| Median home value | $79,200 (±$8,446) | $104,400 (±$10,201) | +31.8% | No measurable change after inflation |
| Median household income | $40,094 (±$2,803) | $39,518 (±$3,847) | −1.4% | Down after inflation |
| Median owner cost with a mortgage | $1,013 (±$192) | $1,233 (±$166) | +21.7% | No measurable change after inflation |
| Median real estate taxes | $333 (±$70) | $248 (±$89) | −25.5% | Down after inflation |
| Households that rent | 48.2% (±5.5 points) | 39.2% (±7.7 points) | −9.0 percentage points | Not a measurable change |
| Rental vacancy rate | 11.6% (±5.5 points) | 11.1% (±7.4 points) | −0.5 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Places near Franklin
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Baldwin | 4.7 mi | $953 | $129,400 | 42.3% |
| Charenton | 6.0 mi | $1,052 | $122,400 | 22.5% |
| Jeanerette | 13 mi | $779 | $98,200 | 41.3% |
| Patterson | 14 mi | $878 | $160,400 | 43.8% |
| Bayou Vista | 16 mi | $864 | $144,700 | 25.1% |
| Berwick | 17 mi | $493 | $212,400 | 29.8% |
| Morgan City | 20 mi | $917 | $155,200 | 42.9% |
| Pierre Part | 22 mi | — | $176,000 | 7.4% |
Places in Louisiana most like Franklin
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Springhill | $764 | $97,500 | $37,250 | 45.7% |
| Mansfield | $688 | $112,100 | $33,844 | 38.2% |
| Oakdale | $873 | $98,700 | $42,540 | 32.8% |
| Minden | $895 | $130,200 | $34,294 | 50.6% |
| Kaplan | $826 | $156,200 | $40,109 | 41.5% |
| Eunice | $799 | $122,000 | $35,436 | 49.6% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Louisiana.
HUD Fair Market Rent for Franklin, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $757 | $762 | $997 | $1,321 | $1,633 |
HUD income limits for Franklin, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $15,960 | $24,400 | $39,000 |
| 2 people | $21,640 | $27,850 | $44,600 |
| 3 people | $27,320 | $31,350 | $50,150 |
| 4 people | $33,000 | $34,800 | $55,700 |
| 5 people | $37,600 | $37,600 | $60,200 |
| 6 people | $40,400 | $40,400 | $64,650 |
| 7 people | $43,200 | $43,200 | $69,100 |
| 8 people | $45,950 | $45,950 | $73,550 |
These are the limits HUD sets for its housing programs in the St. Mary Parish, LA, where HUD’s median family income for fiscal year 2026 is $69,600.
A program can use its own limits; tax-credit and local programs often do.
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
What is the average rent in Franklin, LA?
The Census Bureau publishes the median rather than the average: the median gross rent in Franklin is $814 (±$123) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Franklin?
The median gross rent for a one-bedroom home in Franklin, LA is $636 (±$63) a month (2020–2024 American Community Survey).
Are renters in Franklin rent-burdened?
45.5% of renting households in Franklin pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Franklin?
Franklin has an estimated 922 (±192) renting households, 39.2% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Franklin?
The median household income in Franklin is $39,518 (±$3,847) a year (2020–2024 American Community Survey).
What is the average home value in Franklin, LA?
The Census Bureau publishes the median: $104,400 (±$10,201) for owner-occupied homes in Franklin (2020–2024 American Community Survey).
Is Franklin growing?
In Franklin, the number of residents went from 6,960 in 2015–2019 to 6,461 in 2020–2024 (−7.2%), a measurable decrease.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Franklin city, Louisiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Franklin city, Louisiana
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Franklin city, Louisiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Franklin city, Louisiana
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Franklin city, Louisiana
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Franklin city, Louisiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Franklin city, Louisiana
- HUD Fair Market Rents, fiscal year 2027: St. Mary Parish, LA
- HUD Income Limits, fiscal year 2026: St. Mary Parish, LA
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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 city, Louisiana (place:27155, in state:22).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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 .