Housing data for Franklin Township (Franklin County), OH

Franklin Township (Franklin County), OH has an estimated 11,249 residents and 4,066 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a township in Franklin County.

56.7% of households rent.

The median gross rent is $1,273 a month.

Its population grew measurably since 2015–2019 (+8.6%).

Figures last updated on .

Residents
11,249 (±30)
Housing units
4,066 (±298)
Households that rent
56.7%
Median gross rent
$1,273
Residents since 2015–2019
+8.6%

What stands out in Franklin Township (Franklin County)

Median home value: $145,800 (±$32,130) in Franklin Township (Franklin County), lower than in Franklin County ($288,400).

Median real estate taxes: $2,173 (±$297) in Franklin Township (Franklin County), lower than in Franklin County ($4,244).

Homes built before 1980: 75.9% (±8.8 points) in Franklin Township (Franklin County), higher than in Franklin County (51.4%).

Working from home: 10.8% (±5.1 points) in Franklin Township (Franklin County), lower than in Franklin County (19.3%).

Housing in Franklin Township (Franklin County) at a glance

Franklin Township (Franklin County) against Franklin County, its state and the nation

Estimate (90% margin of error)
Franklin Township (Franklin County)Franklin CountyOhioUnited States
Residents11,249 (±30)1,333,048 (exact)11,810,293 (exact)334,922,499
Housing units4,066 (±298)595,469 (±328)5,292,391 (±464)143,775,355
Households that rent56.7% (±6.1 points)47.2% (±0.5 points)32.8% (±0.3 points)34.8%
Median gross rent$1,273 (±$82)$1,302 (±$9)$1,034 (±$5)$1,413
Median household income$52,201 (±$8,663)$75,176 (±$980)$71,389 (±$321)$80,734
Median home value$145,800 (±$32,130)$288,400 (±$2,726)$214,800 (±$742)$332,700
Median real estate taxes (a year)$2,173 (±$297)$4,244 (±$68)$2,822 (±$10)$3,119
Built before 198075.9% (±8.8 points)51.4% (±0.7 points)63.4% (±0.2 points)49.7%
Average commute20.4 minutes (±1.7)21.5 minutes (±0.2)23.4 minutes (±0.1)26.4 minutes
Households with broadband90.5% (±4.2 points)94.1% (±0.3 points)90.1% (±0.1 points)91.0%
Median age of residents30.6 years (±2.2)34.8 years (±0.1)39.7 years (±0.2)38.9 years

Franklin Township (Franklin County) covers 6.8 square miles of land, about 1,657 residents per square mile (Census Bureau Gazetteer).

How Franklin Township (Franklin County) has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents10,361 (±33)11,249 (±30)+8.6%Measurable increase
Housing units4,196 (±282)4,066 (±298)−3.1%Not a measurable change
Median gross rent$987 (±$38)$1,273 (±$82)+29.0%No measurable change after inflation
Median home value$102,300 (±$11,445)$145,800 (±$32,130)+42.5%No measurable change after inflation
Median household income$47,093 (±$6,877)$52,201 (±$8,663)+10.8%No measurable change after inflation
Median owner cost with a mortgage$1,089 (±$98)$1,297 (±$195)+19.1%No measurable change after inflation
Median real estate taxes$2,083 (±$274)$2,173 (±$297)+4.3%No measurable change after inflation
Households that rent45.8% (±5.3 points)56.7% (±6.1 points)+10.9 percentage pointsMeasurable increase
Rental vacancy rate8.6% (±3.6 points)3.6% (±2.6 points)−5.0 percentage pointsMeasurable decrease

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.

Crime reported to police in Franklin Township (Franklin County)

In 2025, the Franklin Township Police Department reported 67 violent and 879 property crimes per 100,000 residents to the FBI.

ZIP codes in Franklin Township (Franklin County)

ZIP Code Tabulation Areas that cover this place (2020–2024 estimates)
ZIP codeShare of the ZIP’s land in this placeResidentsMedian gross rentMedian home valueMedian household income
4322335%28,187$1,129$131,100$46,911
4320414%42,962$1,281$185,800$59,266

A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.

Places near Franklin Township (Franklin County)

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Urbancrest3.1 mi$879$133,90084.6%
Grove City3.9 mi$1,331$310,40028.6%
Jackson Township (Franklin County)4.3 mi$1,311$313,40027.8%
Valleyview4.5 mi$1,441$159,30032.9%
Grandview Heights4.9 mi$1,750$583,30044.1%
Obetz5.4 mi$1,379$220,90023.1%
Hamilton Township (Franklin County)5.4 mi$1,327$208,70024.2%
Marble Cliff5.6 mi$1,193$815,50035.6%

Places in Ohio most like Franklin Township (Franklin County)

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Whitehall$1,145$159,600$51,75960.3%
Mount Healthy$1,075$163,100$54,56550.3%
Ravenna$947$139,700$59,97152.6%
Mount Healthy Heights$1,488$145,900$53,34647.6%
Akron$955$122,000$48,07649.3%
Painesville$1,036$158,800$51,51648.9%

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 Ohio.

HUD Fair Market Rent for Franklin Township (Franklin County), fiscal year 2027

Columbus, OH HUD Metro FMR Area, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$1,258$1,346$1,602$1,909$2,172

HUD also publishes a Small Area Fair Market Rent for each ZIP code in the area; the Fair Market Rent page for this place lists its ZIP codes.

HUD income limits for Franklin Township (Franklin County), fiscal year 2026

Columbus, OH HUD Metro FMR Area, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$23,450$39,050$62,450
2 people$26,800$44,600$71,400
3 people$30,150$50,200$80,300
4 people$33,450$55,750$89,200
5 people$38,680$60,250$96,350
6 people$44,360$64,700$103,500
7 people$50,040$69,150$110,650
8 people$55,720$73,600$117,750

These are the limits HUD sets for its housing programs in the Columbus, OH HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $111,500.

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 Township (Franklin County)

What is the average rent in Franklin Township (Franklin County), OH?

The Census Bureau publishes the median rather than the average: the median gross rent in Franklin Township (Franklin County) is $1,273 (±$82) 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 Township (Franklin County)?

The median gross rent for a one-bedroom home in Franklin Township (Franklin County), OH is $991 (±$163) a month (2020–2024 American Community Survey).

Are renters in Franklin Township (Franklin County) rent-burdened?

59.6% of renting households in Franklin Township (Franklin County) 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 Township (Franklin County)?

Franklin Township (Franklin County) has an estimated 2,155 (±247) renting households, 56.7% of its occupied homes (2020–2024 American Community Survey).

What is the median household income in Franklin Township (Franklin County)?

The median household income in Franklin Township (Franklin County) is $52,201 (±$8,663) a year (2020–2024 American Community Survey).

What is the average home value in Franklin Township (Franklin County), OH?

The Census Bureau publishes the median: $145,800 (±$32,130) for owner-occupied homes in Franklin Township (Franklin County) (2020–2024 American Community Survey).

Is Franklin Township (Franklin County) growing?

In Franklin Township (Franklin County), the number of residents went from 10,361 in 2015–2019 to 11,249 in 2020–2024 (+8.6%), a measurable increase.

What ZIP codes are in Franklin Township (Franklin County)?

The ZIP codes that cover Franklin Township (Franklin County) are 43223, 43204.

What is the median rent in ZIP code 43223?

The median gross rent in ZIP Code Tabulation Area 43223 is $1,129 (±$63) a month (2020–2024 American Community Survey).

Sources

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, Franklin County, Ohio (county subdivision:28280, in state:39 county:049).

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.

Request a Census API 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 .

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