Cost of Living in Franklin County, TX

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

Median Income

$67,915

Median Rent

$951/mo

Median Home

$194,800

Affordability

463

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$985
Property Tax$172
Insurance$65

Total Monthly$1,222
% of Income21.6%

Renting

Median Rent$951
Renter's Insurance$25

Total Monthly$976
% of Income16.8%

Living in Franklin County, Texas

Franklin County has a median household income of $67,915 with housing costs that represent 21.6% of income for owners and 16.8% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 463 (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 Texas

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.