At a Glance
Median Income
$77,305
$34,379 per capita
Home Value
$212,500
Zillow: $275,231
Median Rent
$1,127/mo
28.2% of income on rent
Violent Crime
369/100K
2,028/100K property
Bachelor's Degree+
24.6%
92.7% high school+
Unemployment
2.5%
8.5% poverty rate
Obesity Rate
40.2%
15.7% smoking rate
Avg Temperature
52°F
293 sunny days/yr
How Franklin Compares to the U.S. Average
Each bar shows Franklin's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Franklin a Good Place to Live?
B
3.3 / 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 $77,305 , which is 3% above the national average of $75,149.
Per capita income is $34,379. The unemployment rate stands at 2.5% (31% below the U.S. rate of 3.6%). 8.5% of residents live below the poverty line. The area is home to 4,199 business establishments, including 330 restaurants.
Housing & Cost of Living
The median home value in Franklin is $212,500 , 25% below the national median of $281,900.
Zillow estimates the typical home at $275,231. Median rent is $1,127/month, with 28.2% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1993.
Safety & Crime
Franklin reports 369 violent crimes per 100,000 residents
, which is 3% below the national average of 380/100K.
Property crime is 2,028/100K. The murder rate is 0.0/100K.
Education
24.6% of adults in Franklin hold a bachelor's degree or higher
(27% below the national average).
92.7% have completed high school. Local schools score 5.7/10 in standardized testing.
Climate & Weather
Franklin has an average annual temperature of 52°F (11°C).
Winters average 27°F in January while summers reach 74°F in July. The area gets 293 sunny days per year. Annual precipitation totals 45.4 inches. Air quality is rated Good with a median AQI of 41.
Data Overview
People
Population25,999
Median Age34.0 yrs
Density1,660/mi²
Male / Female47% / 53%
Foreign Born13.6%
Veterans5.3%
Economy
A
Median Income$77,305
Per Capita$34,379
Unemployment2.5%
Poverty8.5%
County GDP$8,253M
Avg Weekly Wage$970
Housing
A+
Home Value$212,500
Rent$1,127
Ownership66.4%
Zillow$275,231
Housing Units9,874
Rent Burden28.2%
Crime
F
Violent369/100K
Property2,028/100K
Murder0.0/100K
Assault299/100K
Burglary189/100K
Health
Obesity40.2%
Diabetes10.8%
Smoking15.7%
Heart Disease5.4%
Premature Death8,086/100K
Climate
Avg Temp52°F
Sunny Days293/yr
Rain45.4 in/yr
AQI41 (Good)
Elevation742 ft
Education
C+
Bachelor's+24.6%
High School+92.7%
Graduate+7.2%
School Score5.7/10
Community
2024 VoteR 66% / D 32%
Commute24 min
Broadband88.6%
Internet Speed190 Mbps
EV Stations6
Libraries7
Did You Know?
The median home in Franklin was built in 1993.
The nearest airport is Indianapolis International (20 miles).
The Gini coefficient (income inequality) is 0.426 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
12.6% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 190 Mbps.
There are 330 restaurants in the area.
The county recorded 16 fatal vehicle crashes.
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