83237, Franklin, ID

Franklin, Idaho is located in the 83237 zip code. The median home value in this zip code is $129,900. This means that the home equity of homes in this zip code is on average $129,900 greater than what a person would owe on a mortgage if they were to purchase that home. Additionally, Franklin has a median home price-to-income ratio of 3.5 which means that the average home price in this zip code is three and a half times the median household income.

The reason for these high values may be due to Franklin’s location within an agricultural area with good job opportunities and low unemployment rates. Additionally, Franklin has been designated as a “smart growth” community which may have contributed to its high housing prices.