Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Franklinville

Learn about the people, housing, costs and businesses in Franklinville, North Carolina

Median Home$186,200
Median Rent$932/month
Population1,468
Leading IndustriesEducation · Arts, Food & Hospitality2% education
Home Value Growth⬆⬆⬆+25.9% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners72% of occupied units
Franklinville
NC

Frequently Asked Questions

What are today's mortgage rates in Franklinville?

As of today, the 30-year fixed mortgage rate for Franklinville is approximately 6.860% (6.895% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Franklinville
What is the median home price in Franklinville?

The median home value in Franklinville is $186k. The median monthly rent is $932. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Franklinville?

Home values in Franklinville have increased 25.9% 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 Franklinville?

Based on a typical all-in ownership cost of $899/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Franklinville is $70k/year.

Calculate your buying power
What industries drive the economy in Franklinville?

The largest employment sectors in Franklinville are public administration (25%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.