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Franklin Wisconsin Real Estate By Jennifer Hershey

Franklin Wisconsin Real Estate

Franklin, Wisconsin, is located in Milwaukee County, 7 miles S of West Allis, Wisconsin and 11 miles S of Milwaukee, Wisconsin. Franklin has a population of 29,494.

Franklin Homes

Franklin properties pool is 10,612 residential properties including Franklin new homes. Median age of real estate in Franklin is 1982. Average Household size is 3.06 people. 1% are one bedroom homes, 19% are 2 bedroom homes, 60% are 3 bedroom homes, 18% are 4 bedroom homes, and 2% are 5+ bedroom homes.

Franklin Mortgage Statistics

Franklin mortgages vs. USA median statistics

Homes Franklin USA
Homes With No Mortgage 22%
30%
Homes With Mortgage 78%
70%
First Mortgage Only 51%
54%
First & Second Mortgage or HELOC 27%
16%

Franklin Area Real Estate Tax

Franklin Real estate Tax: Median Real Estate Taxes (2000) were $4,245 comparing to 1999 Median Family income $ 75,532. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Franklin School District: Children make up 23.4% of Franklin population. Franklin has 6,902 under 18 years old residents, or 0.44 kids per one worker, or 0.65 kids per one household.

Franklin Real Estate & Franklin Homeownership

There are 2440.76 or 23% one person households, 3714.2 or 35% two person households, and 1804.04 or 17% three person households in Franklin, Wisconsin. Median residents age is 37.9, Senior citizens (65+) make up 2,920 or 9.9%% of Franklin population.

There are 15,568 workers (over 16 years of age) in Franklin. Of these, 94.85% drive to work. Approximately 0.92% of workers in Franklin take public transportation. An estimated 0.44% walk to work.

Median Franklin homeowner's housing expences are 20.5%

Crime in Franklin (2003), crimes per 10,000 residents per year

Type of Crime Franklin USA, 2003
Violent Crimes
12.54
47.5
Robberies
3.05
14.2
Aggravated Assaults
6.1
29.5
Property Crimes
226.83
358.8
Burglaries
32.89
74.0
Larceny-Thefts
183.43
241.5
Motor Vehicle Thefts
10.51
43.3

Invest in Franklin Properties

When making a decision about buying real estate in Franklin Wisconsin area, you should consider following statistical data:

Category Franklin USA
Near Medium City
West Allis, Wisconsin
-
Near Large City
Milwaukee, Wisconsin
-
Franklin Zip Codes
53132
-
Franklin Area Codes
414
-
White population
90.78%
75.1%
African-American population
5.15%
12.3%
Asian
2.1%
3.6%
American Indian & Alaskan
0.36%
0.9%
Hispanic (of any race)
2.64%
12.5%
Median Family Income (1999)
$ 75,532%
$42,000
Population Below Poverty Level
2.49%
12.4%

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See Also:

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