Franklin County, Nebraska Housing Market
In Franklin County, Nebraska, the median home value is $95,600, with a median monthly rent of $691. This places Franklin County at #2975 nationally out of 3134 counties by median home value, and #91 within Nebraska.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $813
- Establishments: 104
- BLS QCEW, 2025
Housing Supply
- Single-family: 4
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 1,191 (avg $72,053)
- Outflow: 1,162 (avg $72,837)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Franklin County Compares
| Metric | Franklin County | Nebraska Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $95,600 | $164,635 | $227,706 |
| Median Gross Rent | $691 | $796 | $968 |
| Owner Occupancy Rate | 83.2% | 74.0% | 73.3% |
| Price/Rent Ratio | 11.5 | 17.2 | 18.7 |
Market Analysis
The median home value in Franklin County is 41.9% below the Nebraska state average and 58.0% below the U.S. national average. The median rent of $691/month is 13.2% below the state average.
With a price-to-rent ratio of 11.5, buying a home in Franklin County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Franklin County has an owner-occupancy rate of 83.2%, compared to 74.0% in Nebraska and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Greene County | Illinois | $95,200 | $754 |
| Lewis County | Kentucky | $96,000 | $751 |
| Morton County | Kansas | $96,100 | $632 |
| Kiowa County | Oklahoma | $96,100 | $780 |
| Starr County | Texas | $95,100 | $726 |
Other Counties in Nebraska
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Nuckolls County | $96,500 | $585 | 83.5% |
| Hitchcock County | $96,700 | $714 | 78.7% |
| Hooker County | $93,800 | $592 | 55.4% |
| Furnas County | $98,400 | $763 | 76.3% |
| Sioux County | $99,300 | $745 | 59.6% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).