Housing data for Franklin Township (Wayne County), OH

Franklin Township (Wayne County), OH has an estimated 4,235 residents and 1,637 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a township in Wayne County.

18.1% of households rent.

The median gross rent is $842 a month.

Its population grew measurably since 2015–2019 (+7.7%).

Figures last updated on .

Residents
4,235 (±14)
Housing units
1,637 (±192)
Households that rent
18.1%
Median gross rent
$842
Residents since 2015–2019
+7.7%

What stands out in Franklin Township (Wayne County)

Households without a vehicle: 19.8% (±6.8 points) in Franklin Township (Wayne County), higher than in Wayne County (10.0%).

Renters paying 30% or more of income: 8.8% (±19.9 points) in Franklin Township (Wayne County), lower than in Wayne County (34.0%).

Homes in buildings of 5 or more units: 0.0% (±4.0 points) in Franklin Township (Wayne County), lower than in Wayne County (6.5%).

Median home value: $275,800 (±$33,617) in Franklin Township (Wayne County), higher than in Wayne County ($222,100).

Housing in Franklin Township (Wayne County) at a glance

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

Estimate (90% margin of error)
Franklin Township (Wayne County)Wayne CountyOhioUnited States
Residents4,235 (±14)116,588 (exact)11,810,293 (exact)334,922,499
Housing units1,637 (±192)46,954 (±207)5,292,391 (±464)143,775,355
Households that rent18.1% (±7.7 points)23.4% (±1.1 points)32.8% (±0.3 points)34.8%
Median gross rent$842 (±$95)$881 (±$23)$1,034 (±$5)$1,413
Median household income$71,384 (±$13,215)$73,574 (±$2,496)$71,389 (±$321)$80,734
Median home value$275,800 (±$33,617)$222,100 (±$4,236)$214,800 (±$742)$332,700
Median real estate taxes (a year)$2,391 (±$345)$2,602 (±$51)$2,822 (±$10)$3,119
Built before 198048.3% (±12.4 points)57.8% (±2.3 points)63.4% (±0.2 points)49.7%
Average commute21.1 minutes (±2.5)20.6 minutes (±0.6)23.4 minutes (±0.1)26.4 minutes
Households with broadband72.3% (±8.4 points)85.3% (±1.1 points)90.1% (±0.1 points)91.0%
Median age of residents36.3 years (±4.5)38.9 years (±0.5)39.7 years (±0.2)38.9 years

Franklin Township (Wayne County) covers 36.0 square miles of land, about 118 residents per square mile (Census Bureau Gazetteer).

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

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents3,931 (±20)4,235 (±14)+7.7%Measurable increase
Housing units1,378 (±78)1,637 (±192)+18.8%Measurable increase
Median gross rent$522 (±$276)$842 (±$95)+61.3%No measurable change after inflation
Median home value$171,400 (±$14,891)$275,800 (±$33,617)+60.9%Up after inflation
Median household income$61,932 (±$6,814)$71,384 (±$13,215)+15.3%No measurable change after inflation
Median owner cost with a mortgage$1,216 (±$122)$1,386 (±$142)+14.0%No measurable change after inflation
Median real estate taxes$1,933 (±$286)$2,391 (±$345)+23.7%No measurable change after inflation
Households that rent9.2% (±5.7 points)18.1% (±7.7 points)+8.9 percentage pointsNot a measurable change
Rental vacancy rate0.0% (±21.0 points)0.0% (±12.6 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 (Wayne 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
4462718%7,086$827$335,000$84,010
4467615%4,914$812$180,000$75,738
4469113%44,344$911$230,300$69,920

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 (Wayne County)

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Fredericksburg4.0 mi—$168,40025.0%
Wooster Township4.1 mi$879$241,30026.9%
Apple Creek5.4 mi$1,000$191,40022.2%
Shreve5.6 mi$809$145,20028.8%
Salt Creek Township (Wayne County)5.6 mi$903$316,60016.5%
Prairie Township (Holmes County)6.0 mi$1,023$214,00022.5%
Holmesville6.1 mi$810$159,70033.0%
East Union Township6.8 mi$838$251,90022.0%

Places in Ohio most like Franklin Township (Wayne County)

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Clay Township (Knox County)$896$246,900$69,09120.8%
Dover Township (Tuscarawas County)$901$264,200$79,36216.0%
Monterey Township$838$266,300$86,81813.7%
Salt Creek Township (Wayne County)$903$316,600$79,84416.5%
East Union Township$838$251,900$72,77822.0%
Ottoville$928$249,100$71,50015.3%

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 (Wayne County), fiscal year 2027

Wayne County, OH, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$753$846$1,082$1,310$1,530

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

Wayne County, OH, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$18,750$31,200$49,950
2 people$21,640$35,650$57,050
3 people$27,320$40,100$64,200
4 people$33,000$44,550$71,300
5 people$38,680$48,150$77,050
6 people$44,360$51,700$82,750
7 people$50,040$55,250$88,450
8 people$55,720$58,850$94,150

These are the limits HUD sets for its housing programs in the Wayne County, OH, where HUD’s median family income for fiscal year 2026 is $89,100.

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 (Wayne County)

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

The Census Bureau publishes the median rather than the average: the median gross rent in Franklin Township (Wayne County) is $842 (±$95) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much is a two-bedroom apartment in Franklin Township (Wayne County)?

The median gross rent for a two-bedroom home in Franklin Township (Wayne County), OH is $860 (±$52) a month (2020–2024 American Community Survey).

How many renters are there in Franklin Township (Wayne County)?

Franklin Township (Wayne County) has an estimated 279 (±122) renting households, 18.1% of its occupied homes (2020–2024 American Community Survey).

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

The median household income in Franklin Township (Wayne County) is $71,384 (±$13,215) a year (2020–2024 American Community Survey).

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

The Census Bureau publishes the median: $275,800 (±$33,617) for owner-occupied homes in Franklin Township (Wayne County) (2020–2024 American Community Survey).

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

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Franklin Township (Wayne County), OH is $1,386 (±$142) a month, including taxes, insurance and utilities.

Is Franklin Township (Wayne County) growing?

In Franklin Township (Wayne County), the number of residents went from 3,931 in 2015–2019 to 4,235 in 2020–2024 (+7.7%), a measurable increase.

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

The ZIP codes that cover Franklin Township (Wayne County) are 44627, 44676, 44691.

What is the median rent in ZIP code 44627?

The median gross rent in ZIP Code Tabulation Area 44627 is $827 (±$228) 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, Wayne County, Ohio (county subdivision:28504, in state:39 county:169).

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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