Florida
Franklin County
12,418 residents110 permits TTM$62,734 median HHI4 ZIP codesUpdated April 28, 2026
Investor first look
Median home value
$254,300
ACS 5-Year
Cap rate proxy
4.9%
FMR × 0.65 ÷ Home Value
Rent-to-income
20.0%
HUD FMR ÷ ACS HHI
Net migration
+0.59%
IRS SOI
Permits (TTM)
110
Census BPS
Climate risk
46.5
FEMA NRI (0–100)
ZIP code breakdown4 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 32323 | $254,300county est. | $1,186 | 5.6% | 4.9% | 12.0% |
| 32320 | $276,640 | $1,186 | 5.1% | 4.4% | 12.0% |
| 32322 | $275,335 | $1,186 | 5.2% | 4.4% | 12.0% |
| 32328 | $749,787 | $1,186 | 1.9% | 1.7% | 12.0% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
77.2%
Census ACS
Vacancy rate
42.0%
Census ACS
Bachelor's degree +
25.3%
Census ACS
Rent burdened
40.8%
Census ACS (>30% income)
Median age
49.2
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 28, 2026