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Area data

Franklin, NE — ZIP 68939

Population: 1,107 (Census ACS)

The typical home value in ZIP 68939 (Franklin, NE) is $144,887 — up 1.7% over the past year. 3 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with hail, strong wind, drought the top-rated hazards. Cost of living is 9.9% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$144,887

Typical home value

+1.7%

1-year change

Very Low

Hazard risk (county)

Home values & appreciation

Typical home value
$144,887
1-year appreciation
+1.7%
3-year appreciation
+22.0%
5-year appreciation
+34.9%
10-year appreciation
+103.5%
Peak value since 2000 (Apr 2026)
$151,705
House Price Index (state)
443.6 (+2.0% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median list price
$52,958
For-sale inventory
7
Active listings
3

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$734/mo
1BR fair-market rent
$869/mo
2BR fair-market rent
$1,014/mo
3BR fair-market rent
$1,328/mo
4BR fair-market rent
$1,333/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
90.1 (100 = US avg)
Electricity rate (state-level)
12.3¢/kWh
Natural gas rate (state-level)
$11.40/MCF
30-year mortgage rate (national)
7.18%
15-year mortgage rate (national)
6.57%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
3
Elementary schools
1
Middle schools
1
High schools
1
Avg student-teacher ratio
10.1 : 1
Schools include
FRANKLIN ELEMENTARY SCHOOL, FRANKLIN HIGH SCHOOL, FRANKLIN MIDDLE SCHOOL

Source: NCES school directory, 2024-25 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
hail, strong wind, drought, ice storm
Notable hazard ratings (county)
hail: Relatively High · strong wind: Relatively High · drought: Relatively Moderate · ice storm: Relatively Moderate · tornado: Relatively Low · lightning: Relatively Low
Wildfire risk to homes (county)
Higher than 49% of US counties
Buildings in wildfire direct-exposure zone
42.0%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
53.0°F
Average high
66.0°F
Average low
40.0°F
Annual precipitation
25.6 in
Annual snowfall
17.0 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Amenities

National parks within ~60 mi
1
Nearest national park
Nicodemus National Historic Site (59 mi)
Airports within 30 mi
13
Nearest airport
Smith Airport (1 mi)
Nearest major airport
Kearney Regional Airport (EAR) (44 mi)
Hospitals in or near this ZIP
1
Hospitals include
FRANKLIN COUNTY MEMORIAL HOSPITAL
Solar radiation rating
Good (4.5 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
-12 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1944
Housing built before 1970
78.0%
Housing built 2000 or later
3.9%
Median annual property tax
$1,195
Households with broadband internet
65.0%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
493
Average weekly wage
$813
Top industries (by employment)
Health Care, Finance & Insurance, Accommodation & Food
Annual residential building permits (county)
4

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 68939State medianUS median
Typical home value$144,887$232,575$285,053
Median annual property tax$1,195$2,000$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the typical home value in ZIP 68939?
$144,887.
What is typical rent in ZIP 68939?
2-bedroom fair-market rent: $1,014/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in ZIP 68939?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: hail, strong wind, drought, ice storm.
What is the wildfire risk in ZIP 68939?
Risk to homes is higher than 49% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 68939?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 68939?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 68939?
3 schools (1 elementary, 1 middle, 1 high) (NCES, 2024-25).
What is the cost of living in ZIP 68939?
Regional Price Parity: 90.1 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Nov 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents