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Housing Affordability in Franklin, NE
Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.
- Households paying 30%+ for housing
- 17.4%
- Nebraska 26.9%
- Renters paying 30%+
- 52.2%
- Nebraska 45.1%
- Homeowners paying 30%+
- 11.1%
- Nebraska 18.3%
- Owner costs with a mortgage
- $1,007/mo
- Nebraska $1,736/mo
Franklin has fewer than 10,000 residents, so these survey estimates have wide margins of error. Compare with care.
Housing costs compared with income
- Renters paying 30% or more3552.2%
- Homeowners paying 30% or more4111.1%
- Renters paying 50% or more2740.3%
- Median rent as a share of income: 31.9%
- Median owner costs as a share of income, with a mortgage: 19.2%
- Median owner costs without a mortgage: $437/mo
- Median home value divided by median household income: 1.7
How it compares
Swipe the table sideways to see more columns.
| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Franklin, NE | 17.4% | 52.2% | 11.1% | 31.9% |
| Franklin County | 15.3% | 31.2% | 13.0% | 21.5% |
| Nebraska | 26.9% | 45.1% | 18.3% | 27.9% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Frequently asked questions
- What is the housing cost burden in Franklin, NE?
- In Franklin, NE, 17.4% of households spend 30% or more of their income on housing costs.
- How does Franklin compare with Nebraska?
- The households paying 30%+ for housing in Franklin is 17.4%, compared with 26.9% for Nebraska as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates