Franklin County
Ohio · Pop. 1,323,807
Ranked #53 of 200 counties
50Moderate
Median Home Price
🏠$280K
5.5% YoY
Median Rent
🔑$1,350
Median Income
💰$62K
Rent Burden
📊29.0%
% of income to rent
Housing Shortage
🏗️28,000
estimated unit deficit
Building Permits (2024)
📋8,500
Price-to-Income Ratio
⚖️4.5x
Homeownership Rate
🏡53.0%
How Franklin County Compares
| Metric | Franklin County | Ohio | National |
|---|---|---|---|
| Home Price | $280K | $220K | $410K |
| Rent | $1,350 | $1,014 | $1,500 |
| Income | $62K | $68K | $75K |
| Rent Burden | 29.0% | 29.5% | 30.0% |
| Homeownership | 53.0% | 67.0% | 65.0% |
Key Takeaways
- • Home prices are 32% below the national average.
- • Rent is 10% below the national average.
- • The county has an estimated housing shortage of 28,000 units.
- • 8,500 building permits were issued in 2024.
- • Year-over-year home prices changed by 5.5%.