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KY area data

Franklin, KY

Franklin, KY.

Population: 19,380 (Census ACS)

The median home value in Franklin, KY is $249,188 — down 0.3% over the past year. Homes sell for a median $287,000 after a median 103 days on market. Typical rent runs $1,448/month. 4 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with hail, icestorm, strongwind the top-rated hazards. Cost of living is 9.8% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$249,188

Median home value

-0.3%

1-year change

103

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$249,188
1-year appreciation
-0.3%
3-year appreciation
+8.5%
5-year appreciation
+33.8%
10-year appreciation
+110.3%
All-time peak (2025-04)
$256,218
House Price Index (state)
413.6 (+4.3% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$287,000
Median list price
$279,400
Median price per sqft
$169
1-year sale-price change
+14.8%
Median days on market
103 days
Homes sold (recent period)
72
For-sale inventory
139
Sale-to-list ratio
97.8%
Active listings
147
Days to pending
81 days
New listings (monthly)
25

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,448/mo
Studio fair-market rent
$802/mo
1BR fair-market rent
$984/mo
2BR fair-market rent
$1,122/mo
3BR fair-market rent
$1,491/mo
4BR fair-market rent
$1,568/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
90.2 (100 = US avg)
Electricity rate (state-level)
13.2¢/kWh
Natural gas rate (state-level)
$14.20/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
4
Elementary schools
3
Middle schools
1
High schools
0
Avg student-teacher ratio
16.4 : 1
Schools include
Franklin Elementary School, Franklin-Simpson Middle School, Lincoln Elementary School, Simpson Elementary School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
hail, iceStorm, strongWind
Notable hazard ratings (county)
hail: Relatively Moderate · drought: Relatively Low · tornado: Relatively Low · coldWave: Relatively Low · heatWave: Relatively Low · iceStorm: Relatively Moderate
Wildfire risk to homes (county)
Higher than 7% of US counties
Buildings in wildfire direct-exposure zone
53.3%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
54.1 in
USDA plant hardiness zone
7a (extreme annual low 0 to 5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
39
Days with Good air quality
227
Days with Moderate air quality
16
Highest AQI recorded (year)
74

Source: EPA air quality data (nearest monitoring station, annual)

Amenities

National parks within ~60 mi
2
Nearest national park
Mammoth Cave National Park (41 mi)
National parks include
Mammoth Cave National Park, Stones River National Battlefield
Airports within 30 mi
17
Nearest airport
Welcome Field (4 mi)
Nearest major airport
Bowling Green Warren County Regional Airport (BWG) (19 mi)
Hospitals nearby (~15 mi)
26
Hospitals include
OWENSBORO HEALTH MUHLENBERG COMMUNITY HOSPITAL, THE MEDICAL CENTER (BOWLING GREEN), T J SAMSON COMMUNITY HOSPITAL
Avg hospital rating (CMS)
3.4 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (4.2 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+24 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,978
Housing built before 1970
37.8%
Housing built 2000 or later
25.5%
Median annual property tax
$1,354
Mean commute to work
20 min
Households with broadband internet
71.0%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
8,374
Average weekly wage
$1,042
Top industries (by employment)
Accommodation & Food, Health Care, Arts & Entertainment
Annual residential building permits (county)
396

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

FranklinState medianUS median
Median home value$249,188$169,240$288,527
Median sale price$287,000$234,500$325,000
Median days on market103 days57 days51 days
Typical rent$1,448/mo$1,376/mo$1,809/mo
Median annual property tax$1,354$921$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Franklin, KY?
$249,188.
What is the median sale price in Franklin, KY?
$287,000.
How long do homes take to sell in Franklin, KY?
Median days on market: 103 days.
What is typical rent in Franklin, KY?
Typical rent: $1,448/month.
What is the natural-hazard risk in Franklin, KY?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: hail, iceStorm, strongWind.
What is the wildfire risk in Franklin, KY?
Risk to homes is higher than 7% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Franklin, KY?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Franklin, KY?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Franklin, KY?
4 schools (3 elementary, 1 middle) (NCES, 2022-23).
What is the air quality in Franklin, KY?
Good. Median AQI: 39. (EPA AQI).
What is the cost of living in Franklin, KY?
Regional Price Parity: 90.2 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Franklin

Listing a home in Franklin, KY?

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents