Indianapolis

Housing & affordability in Franklin

ACS 2020–24 · four inputs · 18% of the overall score
D+
49/100
14th of 23
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The four inputs
Median home value vs metro$231,500
Indianapolis $265,90040% · scores 42
Median rent vs metro$1,186/mo
Indianapolis $1,191/mo30% · scores 50
Ownership rate66%
Indianapolis 67%15% · scores 56
Households spending >30% of income on housing28%
Indianapolis 27%15% · scores 56
Context, not scored
Median year built · Indianapolis 19831994
Houses rather than flats · Indianapolis 75%80%
Households with children · Indianapolis 31%35%
Neither direction is better here, so none of it moves the grade. It is on the page because it changes what a place is like to live in.
Vertical rule marks the Indianapolis reference. ACS 2020–24. Every scale is on the methodology page.

Best Indianapolis suburbs for housing

All 23 ranked, Franklin highlighted
1ZionsvilleA$587,8002CarmelB+$486,8003WestfieldB$425,7004FishersB$391,0005WhitestownB−$373,5006McCordsvilleB−$345,4007BargersvilleB−$438,9008AvonC+$323,8009BrownsburgC+$309,40010NoblesvilleC+$349,70011DanvilleC$298,20012PlainfieldC$280,60013GreenwoodC−$276,10014FranklinD+$231,50015LawrenceD+$230,10016GreenfieldD$216,40017LebanonD$195,60018Indianapolis city (balance)D$224,80019SpeedwayD−$228,60020MartinsvilleF$163,40021ShelbyvilleF$174,70022Beech GroveF$182,60023AndersonF$119,000
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Better than Franklin on housing & affordability

Franklin grades D+ on housing & affordability. Three suburbs are within 25 miles and score higher on the same four inputs.

SuburbHousingMedian home valueOwnership rateOverall
Bargersville9 mi from FranklinB−$439k73% 55 C− Plainfield22 mi from FranklinC$281k62% 67 C+ Greenwood8 mi from FranklinC−$276k59% 65 C+
Median home value: ACS 2020–24 · Ownership rate: ACS 2020–24