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ZIP Code 43231

Franklin, Ohio

ZCTA 43231

Juniper

ZIP Code 43231 is in the lowest 22% nationally for FEMA risk score. It also sits in the lowest 36% nationally for typical home value. And it sits in the highest 37% nationally for median rent.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$282,926

Lower than 64% of U.S. ZIP codes
Home Price Growth, Past Five Years

57%

Higher than 62% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

41.6

Lower than 78% of U.S. ZIP codes

The boundary of ZIP Code 43231, in Franklin, Ohio.

The basics

Total Population

23,009

Median Age

35.1

Population Density

5,534.33

Home values & property tax

Median Property Tax

$3,624

Property Tax Rateyearly tax as a share of home value

1.5%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

3.2×

Near the U.S. ZIP codes median
Median Income

$73,986

Near the U.S. ZIP codes median
Median Rent

$1,181

Higher than 63% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

4.3%

Higher than 57% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

47%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

19%

Climate & weather

Summer Avg High (°F)

84.6

Winter Avg Low (°F)

24.3

Avg Temperature (°F)

53.9

Hot Days/yr (>90°F)

20.2

Freezing Days/yr (<32°F)

109.6

Annual Precipitation (in)

44

Annual Snowfall (in)

19

Flood & disaster risk

FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

41.6

Lower than 78% of U.S. ZIP codes

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

ZIP Code 43231: frequently asked questions

What is the typical home value in ZIP Code 43231?
The estimated median home value in ZIP Code 43231 today is $282,926, lower than 64% of U.S. ZIP codes.
How much is property tax in ZIP Code 43231?
The median annual property tax in ZIP Code 43231 is $3,624, an effective rate of 1.5% of home value.
Is ZIP Code 43231 expensive to live in?
Homes in ZIP Code 43231 cost about 3.2× the median household income, near the U.S. ZIP codes median.
What is the average rent in ZIP Code 43231?
The median gross rent in ZIP Code 43231 is $1,181 a month, higher than 63% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 43231?
Home prices in ZIP Code 43231 have moved 57% over the past five years (4.3% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 43231?
ZIP Code 43231 has a population of 23,009, about 5,534.33 people per square mile, per the U.S. Census American Community Survey. The median age is 35.1.
What is the weather like in ZIP Code 43231?
ZIP Code 43231 averages 53.9°F year-round, summer highs near 84.6°F, winter lows around 24.3°F (NOAA 1991–2020 normals). It sees about 19 inches of snow a year.
Is ZIP Code 43231 at risk of flooding or natural disasters?
ZIP Code 43231's FEMA National Risk Index score is 41.6 (lower than 78% of U.S. ZIP codes). Its greatest modeled natural hazard is inland flooding.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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