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Franklin Forge

Learn about the people, housing, costs and businesses in Franklin Forge, Pennsylvania

Median Home$148,500
Median Rent$672/month
Population14
Leading IndustriesTransportation · Construction · Agriculture & Mining5% transportation
Home Value Growth⬆⬆+11.1% over 2 years
Young Adults29% of residentsslightly above average
Homeowners80% of occupied units
NotableTransit89/100 · excellent transit access
NotableVeteran Community9% of residents · top 22% nationally
Franklin Forge
PA

Frequently Asked Questions

What are today's mortgage rates in Franklin Forge?

As of today, the 30-year fixed mortgage rate for Franklin Forge is approximately 6.988% (7.027% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Franklin Forge?

The median home value in Franklin Forge is $149k. The median monthly rent is $672. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Franklin Forge?

Home values in Franklin Forge have increased 11.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Franklin Forge?

Based on a typical all-in ownership cost of $787/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Franklin Forge is $62k/year.

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What industries drive the economy in Franklin Forge?

The largest employment sectors in Franklin Forge are public administration (22%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.