Construction Value
$8.7M
Units Permitted
5
Avg Value / Unit
$1.7M
2024 · Census Bureau Building Permits Survey
5 housing units were permitted in Franklin in 2024. At $1.7M per unit, new builds are running 531% above the Oakland County average of $275K, pointing to higher-end construction. Volume is still modest compared to neighboring towns (88% fewer units than the county average of 42), but the investment per project is strong. All permits were for single-family homes.
Housing Mixi
Development Densityi
Units per building permitted
All construction is single-family detached homes.
Construction Intensityi
$3K
per resident
County avg: $2K+110%
$3.3M
per square mile
Franklin vs. Oakland County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 5 | 5 | $8.7M | 100% |
| ■ Duplex | 0 | 0 | — | 0% |
| ■ 3-4 Unit | 0 | 0 | — | 0% |
| ■ 5+ Unit | 0 | 0 | — | 0% |
County Ranking by Construction Volume
Among 39 permit-issuing towns in Oakland County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →