Housing & Real Estate — Franklin Grove, Illinois
Overview
| Total Housing Units | 424 |
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| Occupied | 390 |
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| Vacant | 34 |
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| Owner-Occupied | 258 |
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| Renter-Occupied | 132 |
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| Median Home Value (Census) | $124,400 |
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| Estimated 2026 | ~$153,000 |
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| Median Rent | $850/mo |
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| Median Property Tax | $2,128/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | affordable |
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| Rent as % of Income | 17.4% |
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| Severely Rent-Burdened | 23.9% |
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Housing Age
| Built 2010 or later | 1 |
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| Built 2000-2009 | 3 |
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| Built 1990-1999 | 32 |
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| Built before 1960 | 277 |
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| Median Year Built | 1943 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
