$75,000
- 3 Beds
- 2 Baths
- 1,380 Sq Ft
56 Lafayette St, Waterloo, IA 50703
Gina Lewis Jordan Real Estate, Inc.
Frequently Asked Questions
Is Franklin Gateway a good place to live?
Franklin Gateway is a good place to live. Franklin Gateway is considered somewhat walkable and very bikeable with some transit options. Franklin Gateway has 7 parks for recreational activities. It is fairly sparse in population with 5.7 people per acre and a median age of 37. The average household income is $38,137 which is below the national average. College graduates make up 11.6% of residents. A majority of residents in Franklin Gateway are renters, with 83.7% of residents renting and 16.3% of residents owning their home. A local real estate agent serving Franklin Gateway can help you decide if this neighborhood is the right one for you. Learn more on our Franklin Gateway neighborhood guide.
Is Franklin Gateway, IA a safe neighborhood?
Franklin Gateway, IA is less safe than the average neighborhood in the United States. It received a crime score of 9 out of 10.
How much do you need to make to afford a house in Franklin Gateway?
The median home price in Franklin Gateway is $81,250. If you put a 20% down payment of $16,200 and had a 30-year fixed mortgage with an interest rate of 6.22%, your estimated principal and interest payment would be $400 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $17K a year to afford the median home price in Franklin Gateway. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Franklin Gateway is $38K.
What are the best public schools in Franklin Gateway?
The best public schools that serve Franklin Gateway are:
- West High School has a B- Niche grade, a student teacher ratio of 17:1 and an average review score of 3.5.
- East High School has a C+ Niche grade, a student teacher ratio of 19:1 and an average review score of 3.5.
- Becker Elementary School has a C- Niche grade and a student teacher ratio of 13:1.
What are the best private schools in Franklin Gateway?
The best private schools that serve Franklin Gateway are:
- Blessed Sacrament School has a student teacher ratio of 13:1.
- St. Edward School has a student teacher ratio of 21:1.
- Sonrise Christian School & Daycare has a student teacher ratio of 3:1.
What are the most popular zip codes in Franklin Gateway, Waterloo, IA?
What are the most popular neighborhoods near Franklin Gateway, Waterloo, IA?
The most popular neighborhoods near Franklin Gateway, Waterloo, IA are Common Grounds, Cedar River, We Care, Church Row and Unity.
Are home prices dropping in Franklin Gateway?
Yes, home prices in Franklin Gateway are down 16% in the last 12 months.
