Franklin County, Tennessee has a 2026 one-unit conforming loan limit of $832,750, which is 3.5 times the county's median home value of $236,900, so a typical home there can be financed with a conforming (non-jumbo) loan; median household income is $63,494 (FHFA; Census ACS 2020–2024).
Data as of 2026. Source: FHFA 2026 conforming loan limits; U.S. Census Bureau ACS 2020–2024
| Item | Value |
|---|---|
| 1-unit limit (2026) | $832,750 |
| 2-unit limit | $1,066,250 |
| 3-unit limit | $1,288,800 |
| 4-unit limit | $1,601,750 |
| Median home value (ACS 2020–24) | $236,900 |
| Tennessee median home value | $286,700 |
| Limit ÷ median home value | 3.52× |
| Median household income | $63,494 |
| Median home value ÷ income | 3.7× |
| Population | 43,990 |
| Median property tax paid (owners) | $1,246 |
| Effective property tax rate (approx.) | 0.53% |
| Owner-occupied homes | 77.4% |
| Home value rank in Tennessee | 31 of 95 counties |
| Neighbor: Jackson County, AL | limit $832,750; median home $159,500 |
| Neighbor: Madison County, AL | limit $832,750; median home $299,200 |
| Neighbor: Coffee County, TN | limit $832,750; median home $246,800 |
| Neighbor: Grundy County, TN | limit $832,750; median home $154,000 |
| Neighbor: Lincoln County, TN | limit $832,750; median home $229,700 |
| Neighbor: Marion County, TN | limit $832,750; median home $195,200 |
| Neighbor: Moore County, TN | limit $832,750; median home $285,300 |
Across Tennessee's 95 counties, FHFA's 2026 one-unit limits range from $832,750 to $1,029,250, with 14 high-cost counties. Franklin County's median home value is 17% below the state median of $286,700 (rank 31 of 95). Among its 7 neighboring counties, Madison County has the highest median home value ($299,200) and Grundy County the lowest ($154,000); all share the same loan limit. Owners pay a median $1,246 a year in property tax, an effective rate of about 0.53% of home value.
County data: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (tables B25077, B19013, B01003, B25103, B25003). Neighbors: Census county adjacency file.
Related
- 2026 conforming loan limit: Franklin County, NY
- 2026 conforming loan limit: Franklin County, OH
- 2026 conforming loan limit: Franklin County, PA
- 2026 conforming loan limit: Franklin County, TX
- 2026 conforming loan limit: Franklin County, VA
- 2026 conforming loan limit: Franklin County, VT
- 2026 conforming loan limit: Franklin County, WA
- 2026 conforming loan limit: Franklin Parish, LA
Last updated 2026-10-16. Data only, not financial or tax advice.