States · Ohio · Warren County

Franklin, Ohio.

Typical home $266,590 (+2.4% in a year), asking rent $1,302 . Cincinnati, OH-KY-IN metro.

Property tax and schools in Franklin

Franklin’s own tax page → what a home here pays, who charges it, its levies and ballot, and its schools.

Franklin is in Warren County, where its property tax is set. Its homes there are in 2 school districts: Carlisle Local and Franklin City. Check your own bill.

What it costs per month · Franklin $1,399/mo

to buy the typical home at today's mortgage rate — +$804 (+135%) since Jan 2020.

What the home itself did
1 year
Up $6,336 +2%
$260,254$266,590 since Sep 2025
5 years
Up $64,629 +32%
$201,961$266,590 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 Franklin $1,399 Ohio $1,291 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • Franklin$1,399
  • Ohio$1,291
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 12 years.

Typical home values in Franklin, OH rose 2.4% over the past year — faster than the nation's +1.2%.

Living in Franklin, Warren County, Ohio

Franklin is a city of 11,690 people in Warren County. Half its households earn more than $58,587 a year and half less, against $110,132 across Warren County; 22% of its people live below the poverty line. 61% of its homes are lived in by their owners and 39% are rented. Unemployment in Warren County was 3.2% in August 2026, and the county had 1.6% more jobs in 2025 than the year before. The most residents work in manufacturing, then schools and health care.

People 11,690 in the 2020 census; median age 35.2
Household income $58,587 the median, give or take $7,762 · Warren County: $110,132
Unemployment 3.2% Warren County, August 2026; 4.0% a year before
Homes 61% lived in by their owners; 39% rented

Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.

What it’s like

The place. Franklin is a small city in Warren County, Ohio, with a younger population than many towns its size. Incomes here run well below the county's, and more people live below the poverty line than you might expect given the county around it. Most homes are lived in by their owners, and rents are lower than in many parts of the country. Relatively few adults hold a four-year degree.

Work. Many residents work in manufacturing, in schools, hospitals and social care, in shops, and in professional and business services. Franklin City Schools, Walmart and Forvia are among the largest workplaces in town. Unemployment across Warren County has come down over the past year, and the county has added jobs. A typical commute is of moderate length, and a small share of people work from home.

Things to do. The nearest big draws are a longer drive away. Kings Island is an amusement park, and the National Museum of the United States Air Force is a large museum of flight. Fort Ancient is a park for those who prefer to be outdoors. Winters here are cold, with January the coldest month, and summers are warm, with July the warmest, and rain and melted snow fall steadily through the year.

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  • 4,749households
  • 16%of adults have a degree
  • 22%below the poverty line
  • 23 mintypical commute
  • 9%work from home

What residents work in

  • Manufacturing20%
  • Schools, hospitals and social care17%
  • Shops (retail)13%
  • Professional and business services10%
  • Restaurants, hotels and entertainment8%
  • Other services7%

Employed residents by industry, from the Census survey. Warren County had 102,347 jobs in 2025, 1.6% more than the year before (Bureau of Labor Statistics).

Weather through the year

Average daily high and low for each month: coldest in January, 38° and 20°; warmest in July, 86° and 64° 20° 40° 60° 80° J 38° 20° F M A M J J 86° 64° A S O N D
Average daily high and low for each month: coldest in January, 38° and 20°; warmest in July, 86° and 64° 20° 40° 60° 80° J 38° 20° F M A M J J 86° 64° A S O N D

Coldest in January, with highs near 38° and lows near 20°; warmest in July, with highs near 86° and lows near 64°. About 42 inches of rain and melted snow a year.

Average daily high and low, 1991–2020, at the Franklin weather station, a mile away (NOAA).

Largest employers in Franklin

  1. Walmart Association564
  2. Burrowns Paper Company545
  3. Franklin City School District469
  4. Faurecia410
  5. Crown Services331
  6. Staffmark Investments303
  7. GFR holdingsa247
  8. Atlas Roofing238

From the City of Franklin’s annual financial report for 2024, its schedule of principal employers (its source: “City of Franklin Tax Department”), as Ohio’s Auditor of State publishes it: the report. Employees as the report counts them.

Natural hazards

  1. Ice stormsRelatively moderate
  2. Cold wavesRelatively moderate
  3. LightningRelatively moderate
  4. Winter weatherRelatively moderate
  5. TornadoesRelatively moderate
  6. Strong windRelatively moderate

FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Franklin’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.

From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Warren County and the Cincinnati, OH-KY-IN metro.

Franklin home values

Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 Franklin $266,590 Ohio $245,982 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • Franklin$266,590
  • Ohio$245,982
  • United States$366,157
Property tax, 2026 roll $2,842/yr median bill inside Franklin, effective 1.13% of estimated value — current assessment rolls, AssessorSearch Data Lab, quality-gated against the county's official figures

Sellers are cutting prices on about 1 in 3 Franklin listings, and the typical home goes pending in 8 days — the market is roughly in balance.

When this market ran hot

Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.

JFMAMJJASOND
2026
2025
2024
2023
2022
2021
2020
2019
2018
falling flat warming hot overheating runaway

Market heat, inside the city limits

Share of listings with a price cut

The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.

10% 20% 30% 2021 2022 2023 2024 2025 2026 Franklin 33.64% United States 26.90%
10% 20% 30% 2022 2024 2026
  • Franklin33.64%
  • United States26.90%

Days to pending

How long the typical listing takes to go under contract.

10 20 30 40 2026 Franklin 8 United States 24
10 20 30 40 2026
  • Franklin8
  • United States24

Homes for sale

Active for-sale inventory. More supply hands power to buyers.

25 50 75 2018 2019 2020 2021 2022 2023 2024 2025 2026 Franklin 74
25 50 75 2018 2022 2026
  • Franklin74

New listings per month

Sellers arriving at the market.

10 20 30 2020 2021 2022 2023 2024 2025 2026 Franklin 30
10 20 30 2020 2022 2024 2026
  • Franklin30

Median sale price

What buyers actually paid — closed sales, not asking prices.

$250,000 $300,000 $350,000 2026 Franklin $232,791 United States $371,407
$250,000 $300,000 $350,000 2026
  • Franklin$232,791
  • United States$371,407

Sale-to-list ratio

Above 100%, homes sell over asking; below, buyers negotiate wins.

Not enough data to draw this yet.

Zip codes with a Franklin address

A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Franklin — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.

Zip codes in Franklin