New Franklin vs Independence: Housing
| New Franklin | Independence | |
|---|---|---|
| Median Home Value | $139,500 | $172,900 |
| Median Gross Rent | $679/mo | $1,109/mo |
| Homeownership Rate | 67.8% | 60.9% |
| Rent as Share of Income | 14.8% | 22.1% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.