Return to the PIE Home PageThe average value of owner-occupied housing in Franklin County was $89,771 in 1990. The chart above indicates that average housing values vary by race. Asian and Pacific Islander home-owners had the highest average value ($115,862) in 1990, although the number of units was relatively small (2,063 units). White homeowners had the second highest average housing value ($93,303), followed by homeowners of other races ($76,502), American Indian, Eskimo and Aleut homeowners ($68,401), and black homeowners ($57,580). The average value for homeowners who indicated that they were of Hispanic origin was $86,906 in 1990.
Value is the respondent's estimate of the amount for which the property (house and lot, mobile home and lot, or condominium unit) would sell, if it were for sale.
"Averages," as measures of what is typical for a group, are strongly influenced by extremely high or low values. A better measure is "median," which indicates that half of all values fall above the median, and half fall below. The median value of owner-occupied housing in Franklin County was $73,800 in 1990. Median value is not available by race.
Aggregate Average
Units Value ($) Value ($)
White 163,720 $15,275,522,000 $93,303
Black 19,349 $1,114,117,000 $57,580
Amer.Indian,
Eskimo & Aleut 292 $19,973,000 $68,401
Asian & Pacific Is. 2,063 $239,023,500 $115,862
Other Race 219 $16,754,000 $76,502
Total 185,643 $16,665,389,488 $89,771
Source: Census of Population and Housing, U.S. Bureau of the Census
Aggregate Average
Units Value ($) Value ($)
Not of Hispanic
Origin 184,642 $16,578,396,496 $89,787
Hispanic Origin 1,001 $86,993,000 $86,906
Source: Census of Population and Housing, U.S. Bureau of the Census
Filename: CD-033