Housing data for Franklin Township (Licking County), OH

Franklin Township (Licking County), OH has an estimated 1,901 residents and 783 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a township in Licking County.

6.5% of households rent.

Its population shrank measurably since 2015–2019 (−28.0%).

Figures last updated on .

Residents
1,901 (±391)
Housing units
783 (±155)
Households that rent
6.5%
Residents since 2015–2019
−28.0%

What stands out in Franklin Township (Licking County)

Renters paying 30% or more of income: 100.0% (±50.5 points) in Franklin Township (Licking County), higher than in Licking County (41.4%).

Households that rent: 6.5% (±5.4 points) in Franklin Township (Licking County), lower than in Licking County (26.3%).

Homes in buildings of 5 or more units: 0.0% (±8.1 points) in Franklin Township (Licking County), lower than in Licking County (9.0%).

Homes heated by fuel oil: 8.4% (±6.2 points) in Franklin Township (Licking County), higher than in Licking County (1.4%).

Housing in Franklin Township (Licking County) at a glance

  • Rent burden: 100.0% of renters pay 30% or more of income (Small sample: wide margin of error)
  • Renters and owners: 6.5% of households rent (Small sample: wide margin of error)
  • Income and affordability: $114,516 median household income
  • Home values: $282,700 median home value
  • Homeowner costs: $1,590 median monthly cost with a mortgage
  • Property taxes: $3,276 median real estate taxes a year
  • Types of homes: 0.0% of homes are in buildings of 5 or more units
  • Bedrooms: 81.5% of homes have 3 or more bedrooms (Small sample: wide margin of error)
  • Age of homes: 38.2% of homes were built before 1980
  • Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
  • Heating fuel: 31.8% heat with utility gas
  • Commute and cars: 30.8 minutes average trip to work
  • Growth: −28.0% residents since 2015–2019
  • How long people stay: 17.2% moved in since 2020 (Small sample: wide margin of error)
  • Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)
  • Fair Market Rent: $1,440 Small Area FMR, 2 bedrooms (ZIP 43056)

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

Estimate (90% margin of error)
Franklin Township (Licking County)Licking CountyOhioUnited States
Residents1,901 (±391)181,837 (exact)11,810,293 (exact)334,922,499
Housing units783 (±155)73,273 (±75)5,292,391 (±464)143,775,355
Households that rent6.5% (±5.4 points)26.3% (±1.3 points)32.8% (±0.3 points)34.8%
Median gross rent—$1,078 (±$34)$1,034 (±$5)$1,413
Median household income$114,516 (±$27,913)$84,426 (±$2,405)$71,389 (±$321)$80,734
Median home value$282,700 (±$53,242)$275,200 (±$5,562)$214,800 (±$742)$332,700
Median real estate taxes (a year)$3,276 (±$760)$3,364 (±$87)$2,822 (±$10)$3,119
Built before 198038.2% (±14.9 points)50.1% (±1.7 points)63.4% (±0.2 points)49.7%
Average commute30.8 minutes (±4.9)26.6 minutes (±0.7)23.4 minutes (±0.1)26.4 minutes
Households with broadband92.6% (±5.1 points)92.4% (±0.8 points)90.1% (±0.1 points)91.0%
Median age of residents51.4 years (±3.0)40.3 years (±0.3)39.7 years (±0.2)38.9 years

Franklin Township (Licking County) covers 24.5 square miles of land, about 77 residents per square mile (Census Bureau Gazetteer).

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

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents2,639 (±546)1,901 (±391)−28.0%Measurable decrease
Housing units1,013 (±149)783 (±155)−22.7%Measurable decrease
Median home value$233,100 (±$58,579)$282,700 (±$53,242)+21.3%No measurable change after inflation
Median household income$54,423 (±$15,722)$114,516 (±$27,913)+110.4%Up after inflation
Median owner cost with a mortgage$1,352 (±$170)$1,590 (±$267)+17.6%No measurable change after inflation
Median real estate taxes$2,786 (±$552)$3,276 (±$760)+17.6%No measurable change after inflation
Households that rent12.5% (±10.1 points)6.5% (±5.4 points)−6.0 percentage pointsNot a measurable change
Rental vacancy rate0.0% (±21.9 points)0.0% (±45.1 points)0.0 percentage pointsNot 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.

ZIP codes in Franklin Township (Licking 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
4305627%17,637$1,156$253,900$80,014

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 (Licking County)

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Licking Township (Licking County)3.8 mi$1,179$318,4006.4%
Bowling Green Township (Licking County)4.3 mi—$322,8002.2%
Hopewell Township (Licking County)5.3 mi$1,625$247,30018.3%
Madison Township (Licking County)5.4 mi$1,000$270,30018.9%
Heath5.5 mi$1,129$235,70027.9%
Harbor Hills5.6 mi$1,338$406,50011.5%
Newark7.0 mi$973$192,30044.2%
Glenford7.2 mi$532$162,50029.3%

HUD Fair Market Rent for Franklin Township (Licking 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 (Licking 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 (Licking County)

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

The median household income in Franklin Township (Licking County) is $114,516 (±$27,913) a year (2020–2024 American Community Survey).

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

The Census Bureau publishes the median: $282,700 (±$53,242) for owner-occupied homes in Franklin Township (Licking County) (2020–2024 American Community Survey).

What is the average mortgage payment in Franklin Township (Licking County)?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Franklin Township (Licking County), OH is $1,590 (±$267) a month, including taxes, insurance and utilities.

How much are property taxes in Franklin Township (Licking County)?

The median real estate tax paid by homeowners in Franklin Township (Licking County), OH is $3,276 (±$760) a year (2020–2024 American Community Survey).

How many homes are in Franklin Township (Licking County)?

Franklin Township (Licking County), OH has an estimated 783 (±155) housing units, occupied and vacant (2020–2024 American Community Survey).

How old are most homes in Franklin Township (Licking County)?

38.2% of homes in Franklin Township (Licking County), OH were built before 1980 (2020–2024 American Community Survey).

Is Franklin Township (Licking County) growing?

In Franklin Township (Licking County), the number of residents went from 2,639 in 2015–2019 to 1,901 in 2020–2024 (−28.0%), a measurable decrease.

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

The ZIP code that covers Franklin Township (Licking County) is 43056.

What is the median rent in ZIP code 43056?

The median gross rent in ZIP Code Tabulation Area 43056 is $1,156 (±$60) 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, Licking County, Ohio (county subdivision:28336, in state:39 county:089).

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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