Cost of Living in Franklin County, FL

What does it cost to live in Franklin County? Income, housing, and affordability breakdown.

Median Income

$58,107

Median Rent

$1,045/mo

Median Home

$236,100

Affordability

352

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$1,194
Property Tax$104
Insurance$79

Total Monthly$1,377
% of Income28.4%

Renting

Median Rent$1,045
Renter's Insurance$25

Total Monthly$1,070
% of Income21.6%

Living in Franklin County, Florida

Franklin County has a median household income of $58,107 with housing costs that represent 28.4% of income for owners and 21.6% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 352 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Florida

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.