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Franklin-McKinley

Learn about the people, housing, costs and businesses in Franklin-McKinley, California

Median Home$845,828
Median Rent$2,457/month
Population97,522
Leading IndustriesWholesale Trade · Retail · Professional Services10% wholesale trade
Home Value Growth⬆⬆+15.9% over 2 years
Family-Friendly24% of residentsabove average nationally
Homeowners60% of occupied units
NotableHigh Incomes$114k/year · top 24% nationally
Franklin-McKinley
CA

Explore Franklin-McKinley

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Franklin-McKinley?

As of today, the 30-year fixed mortgage rate for Franklin-McKinley is approximately 6.784% (6.816% 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-McKinley?

The median home value in Franklin-McKinley is $846k. The median monthly rent is $2,457. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Franklin-McKinley?

Home values in Franklin-McKinley have increased 15.9% 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-McKinley?

Based on a typical all-in ownership cost of $2,441/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $105k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Franklin-McKinley is $114k/year.

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What industries drive the economy in Franklin-McKinley?

The largest employment sectors in Franklin-McKinley are public administration (19%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.