Franklin, Pennsylvania is a part of the Gloucester County Submarket submarket area, and contains zip code 16323.
The 2019 average effective rent for Class A, B, and C apartments in the Franklin, PA submarket area was $1,114, which is 8.68% lower than 2014 average rent. This represents a compounded annual growth rate of 1.68%. 2019 vacancy in Franklin, PA was 2.70%.
The total population of the city of Franklin, PA has decreased 7.14% since 2010. As of 2018, the population was 6,078. The median household income of the Franklin was $38,965, which is 35.37% lower than the national average.
Submarket Area
Avg Rent
Rent Growth
Vacancy
Median Income
Population (2018)
Population Growth
Vs. Nat’l Avg
Zip Code
Gloucester County Submarket
$1,114
8.68%
2.70%
$38,965
6,078
-7.14%
35.37%
16323
Submarket Area Gloucester County Submarket
Avg Rent $1,114
Rent Growth 8.68%
Vacancy 2.70%
Median Income $38,965
Population (2018) 6,078
Population Growth -7.14%
Vs. Nat’l Avg 35.37%
Zip Code 16323
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