HOUSING STRATEGY

Housing Strategy | ENVISION FRANKLIN 23 RENTAL UNITS BY NUMBER OF UNITS IN THE STRUCTURE A closer look at American Community Survey data on rental units built from 2000 – 2019 in Franklin offers a finergrained look at the predominant multifamily building types. These two decades were also a period of robust population growth for Franklin, when the population doubled in size. • A total of 5,065 rental units were added from 2000-2019. • 51% of the multifamily rental buildings constructed in this decade contained 20 units or more. • Another third contained 5 – 19 units. • Only 123 (2%) of the properties built in this 19-year span contained 2 – 4 units. • By comparison from 1940 – 1999, 940 buildings with 2-4 units were constructed, or 16% of rental units. Data Sources: U.S. Census, American Community Survey 1, detached or attached 13% 2 to 4 2% 5 to 19 33% 20 to 49 14% 50 or more 38% CITY OF FRANKLIN - RENTAL UNITS BUILT BY NUMBER OF UNITS IN THE STRUCTURE, 2000 - 2019

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