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WI area data

Franklin, WI

Franklin, WI.

Population: 35,433 (Census ACS)

The median home value in Franklin, WI is $451,315 — up 3.5% over the past year. Homes sell for a median $450,000 after a median 46 days on market. Typical rent runs $1,968/month. 8 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively High, with coldwave, tornado, winterweather the top-rated hazards. Cost of living is 7.0% below the US average (BEA, metro/state-level).

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

$451,315

Median home value

+3.5%

1-year change

46

Median days on market

Relatively High

Hazard risk (county)

Home values & appreciation

Median home value
$451,315
1-year appreciation
+3.5%
3-year appreciation
+13.3%
5-year appreciation
+27.0%
10-year appreciation
+83.5%
All-time peak (2026-07)
$451,315
House Price Index (state)
459.9 (+5.7% YoY)

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

Market activity

Median sale price
$450,000
Median list price
$470,000
Median price per sqft
$214
1-year sale-price change
-1.3%
Median days on market
46 days
Homes sold (recent period)
93
For-sale inventory
109
Sale-to-list ratio
100.8%
Active listings
80
1-year forecast
+2.2%
New listings (monthly)
46

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

Rents

Typical rent
$1,968/mo
Studio fair-market rent
$783/mo
1BR fair-market rent
$978/mo
2BR fair-market rent
$1,230/mo
3BR fair-market rent
$1,599/mo
4BR fair-market rent
$1,845/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)
93.0 (100 = US avg)
Electricity rate (state-level)
18.2¢/kWh
Natural gas rate (state-level)
$10.70/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

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

Schools

Total schools
8
Elementary schools
5
Middle schools
1
High schools
2
Schools include
Southwood Glen Elementary, Ben Franklin Elementary, Country Dale Elementary, Forest Park Middle, Franklin High

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively High
Top hazards (county)
coldWave, tornado, winterWeather, heatWave, inlandFlooding
Notable hazard ratings (county)
coldWave: Very High · earthquake: Relatively Low · hail: Relatively Moderate · heatWave: Relatively High · iceStorm: Relatively Moderate · inlandFlooding: Relatively High
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 17% of US counties
Buildings in wildfire direct-exposure zone
4.6%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Hunts Disposal Landfill (7.5 mi)
EPA recommends radon testing for every home regardless of zone.

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

Climate (30-year normals)

Average annual temperature
51.0°F
Average high
58.0°F
Average low
43.0°F
Annual precipitation
40.2 in
Annual snowfall
41.2 in
USDA plant hardiness zone
5b (extreme annual low -15 to -10°F)

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

Air quality

Air quality rating
Moderate
Median AQI (annual)
52
Days with Good air quality
166
Days with Moderate air quality
180
Days with Unhealthy air quality
2
Highest AQI recorded (year)
250

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
5.3 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
102,791
Jobs reachable by transit (45 min)
100,215

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
42
Nearest airport
Aero Estates Airport (4 mi)
Nearest major airport
General Mitchell International Airport (MKE) (7 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
MIDWEST ORTHOPEDIC SPECIALTY HOSPITAL
Solar radiation rating
Fair (3.8 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-4,168 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,991
Housing built before 1970
20.0%
Housing built 2000 or later
30.6%
Median annual property tax
$6,405
Mean commute to work
20 min
Households with broadband internet
81.2%

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

Employment & development

Total county employment
415,844
Average weekly wage
$1,276
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
187

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

How it compares

FranklinState medianUS median
Median home value$451,315$316,891$289,727
Median sale price$450,000$322,500$325,000
Median days on market46 days49 days51 days
Typical rent$1,968/mo$1,408/mo$1,808/mo
Median annual property tax$6,405$2,994$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 median home value in Franklin, WI?
$451,315.
What is the median sale price in Franklin, WI?
$450,000.
How long do homes take to sell in Franklin, WI?
Median days on market: 46 days.
What is typical rent in Franklin, WI?
Typical rent: $1,968/month.
What is the natural-hazard risk in Franklin, WI?
Overall risk: Relatively High (FEMA NRI, county-level). Top hazards: coldWave, tornado, winterWeather, heatWave, inlandFlooding.
Is Franklin, WI in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in Franklin, WI?
Risk to homes is higher than 17% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Franklin, WI?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Franklin, WI?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Franklin, WI?
8 schools (5 elementary, 1 middle, 2 high) (NCES, 2022-23).
Is Franklin, WI walkable?
Walkability index: 5.3/20 (EPA Smart Location Database).
What is the air quality in Franklin, WI?
Moderate. Median AQI: 52. (EPA AQI).
What is the cost of living in Franklin, WI?
Regional Price Parity: 93.0 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Franklin

Selling a home in Franklin, WI?

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Data last updated

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

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