Franklin, Australia

Full City Profile

3.0 /5.0

B Good

6,324 Population 6,388/sq mi density

2,005 ft Elevation 611 meters

49°F Avg Temperature 10°C

Overall

3.0 / 5.0

Good overall score based on economy, affordability, safety and education

Economy

3.1 / 5.0

$37,890 median income, 3.9% unemployment

C+

Affordability

2.8 / 5.0

$259,200 home value, $1,296/mo rent

Franklin, Australia

At a Glance

Median Income

$37,890

50% below

$37,890 per capita

Home Value

$259,200

8% below

Median Rent

$1,296/mo

11% above

Unemployment

3.9%

8% above

Avg Temperature

49°F

316 sunny days/yr

Is Franklin a Good Place to Live?

3.0 / 5.0 — Good

Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Franklin residents earn a median household income of $37,890 , which is 50% below the national average of $75,149. Per capita income is $37,890. The unemployment rate stands at 3.9% (8% above the U.S. rate of 3.6%). The area is home to 601 business establishments.

Housing & Cost of Living

The median home value in Franklin is $259,200 , 8% below the national median of $281,900. Median rent is $1,296/month.

Climate & Weather

Franklin has an average annual temperature of 49°F (10°C). Winters average 61°F in January while summers reach 37°F in July. The area gets 316 sunny days per year. Annual precipitation totals 25.2 inches.

Data Overview

People

Population6,324

Median Age30.0 yrs

Density6,388/mi²

Foreign Born49.5%

Economy

Median Income$37,890

Per Capita$37,890

Unemployment3.9%

Poverty

Avg Weekly Wage$729

Housing

C+

Home Value$259,200

Rent$1,296

Ownership52.9%

Housing Units2,530

Climate

Avg Temp49°F

Sunny Days316/yr

Rain25.2 in/yr

Elevation2,005 ft

Did You Know?

49.5% of residents are foreign-born.