How long do people stay in their homes in Franklin, MI?
16.9% (±5.1 points) of households in Franklin, MI moved into their current home in 2020 or later (2020–2024 American Community Survey).
32.0% have lived in it since before 2000.
Figures last updated on .
- Moved in 2020 or later
- 16.9% (±5.1 points)
- Since before 2000
- 32.0%
When households in Franklin moved in
| Moved in | Franklin | Oakland County | Michigan | United States |
|---|---|---|---|---|
| 2023 or later | 1.6% (±1.6 points) | 4.0% | 3.8% | 4.6% |
| 2020 to 2022 | 15.3% (±4.8 points) | 17.7% | 17.2% | 20.2% |
| 2010 to 2019 | 31.6% (±6.1 points) | 40.7% | 39.5% | 39.6% |
| 2000 to 2009 | 19.6% (±5.0 points) | 15.4% | 16.0% | 16.4% |
| 1990 to 1999 | 15.6% (±5.1 points) | 11.8% | 11.3% | 9.6% |
| 1989 or earlier | 16.4% (±4.2 points) | 10.4% | 12.1% | 9.5% |
A high share of recent movers usually means more renting households and more turnover; a high share of long-time residents usually means more owners who have stayed.
In Franklin, the share of households that moved in since 2020 is not measurably different from Oakland County (21.7%).
It is not measurably different from Michigan (21.0%).
It is lower than the national figure (24.8%).
Households that moved in since 2020 in places near Franklin
| Place | Distance | Households that moved in since 2020 | Compared with this place |
|---|---|---|---|
| Franklin | — | 16.9% (±5.1 points) | — |
| Bingham Farms | 1.3 mi | 17.6% (±6.4 points) | Not measurably different |
| Beverly Hills | 3.2 mi | 15.0% (±3.6 points) | Not measurably different |
| Southfield | 3.8 mi | 21.3% (±1.9 points) | Not measurably different |
| Lathrup Village | 4.3 mi | 12.6% (±4.6 points) | Not measurably different |
| Bloomfield Charter Township | 4.3 mi | 18.2% (±2.1 points) | Not measurably different |
| Farmington Hills | 4.4 mi | 21.3% (±2.0 points) | Not measurably different |
| Birmingham | 4.8 mi | 22.1% (±2.6 points) | Not measurably different |
| Bloomfield Hills | 5.2 mi | 14.7% (±6.0 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.
Households that moved in since 2020 across Oakland County, place by place
| Rank | Place | Households that moved in since 2020 |
|---|---|---|
| 2 | Holly | 26.3% (±7.3 points) |
| 3 | Wolverine Lake | 24.3% (±6.5 points) |
| 4 | Lake Orion | 20.8% (±8.6 points) |
| 5 | Oxford | 20.4% (±7.2 points) |
| 6 | Milford | 18.3% (±5.0 points) |
| 7 | Bingham Farms | 17.6% (±6.4 points) |
| 8 | Franklin | 16.9% (±5.1 points) |
| 9 | Beverly Hills | 15.0% (±3.6 points) |
| 10 | Leonard | 9.9% (±23.2 points) |
Showing 9 of 10 places in Oakland County, ranked from highest to lowest.
Franklin lies inside Southfield Township, whose figures include it, so it is ranked only against places like it.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Franklin
How often do people move in Franklin?
16.9% of households in Franklin, MI moved into their home in 2020 or later (2020–2024 American Community Survey).
How many long-time residents does Franklin have?
32.0% of households in Franklin have lived in their home since 1999 or earlier.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Franklin village, Michigan
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 village, Michigan (place:30340, in state:26).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0051PE, DP04_0051PM, DP04_0052PE, DP04_0052PM, DP04_0053PE, DP04_0053PM, DP04_0054PE, DP04_0054PM, DP04_0055PE, DP04_0055PM, DP04_0056PE, DP04_0056PM
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
- Housing in Franklin at a glance
- Income and affordability in Franklin
- Home values in Franklin
- Homeowner costs in Franklin
- Property taxes in Franklin
- Types of homes in Franklin
- Age of homes in Franklin
- Heating fuel in Franklin
- Commute and cars in Franklin
- Crime reported to police in Franklin
- Population growth in Franklin
- Fair Market Rent in Franklin
- Michigan landlord and tenant rules
- Housing across Oakland County
- Housing data for every place in Michigan