Real Estate Market Update for 46131 (Franklin, IN)
Map Information for 46131 (Franklin, IN)
Area Information for 46131 (Franklin, IN)
  • Community Character: Moderate Residential Turnover, Suburb of Indianapolis city
  • Population: 31,120
  • Median Age: 36.74 yr
  • Median Commute Time: 17.65 mins
  • Educational Climate*: 4
  • Recycling Likelihood**: 95
  • Sales Tax: 7%
  • Population Density: 268/sq mi
  • Population Change Since 2000: 16%
  • Closest Airport: Indianapolis International
  • Closest College: Franklin College
  • Closest Jr. College: Ivy Tech State Coll-columbus
  • Median Household Income: $53,587
  • Annual Residential Turnover: 18.61%
  • Median Years in Residence: 3.25 yr
  • Median Home Sales Price: $91,069
  • Closest Major Sports Team: Indianapolis Colts
  • Change Avg. Household Income Since 2000: 9%
* Scale from 1-5   ** Index where 100 is the national average
Demographic Data for 46131 (Franklin, IN)
Median Age: 36.74 Married: 44% Number of Households: 11,529 Households with Children: 3,962
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 46131 (Franklin, IN)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Custer Baker Intermediate School 0.2 mi Public 4 - 6 0 0
      St Rose Of Lima School 0.2 mi Catholic K - 8 0 5
      Franklin Community High School 0.5 mi Public 9 - 12 2-5 3
      Franklin Community Middle School 1.2 mi Public 7 - 9 0 0
      Northwood Elementary School 1.2 mi Public K - 5 3 4
      Clark Elementary School 1.7 mi Public K - 5 3-5 4
      Webb Elementary School 2.6 mi Public K - 5 3-5 5
      Needham School 2.7 mi Public K - 5 2 3
      Creekside Elementary School 6.5 mi Public K - 5 3 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2010
      Local Weather for 46131 (Franklin, IN)
        Community information and market data Powered by Onboard Informatics. Copyright ©2013 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.