At a Glance
Median Income
$90,152
$42,217 per capita
Home Value
$253,100
Zillow: $375,147
Median Rent
$1,340/mo
21.9% of income on rent
Violent Crime
213/100K
1,021/100K property
Bachelor's Degree+
19.5%
91.8% high school+
Unemployment
4.5%
5.0% poverty rate
Obesity Rate
28.6%
14.3% smoking rate
Avg Temperature
50°F
275 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
3.2 / 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 $90,152 , which is 20% above the national average of $75,149.
Per capita income is $42,217. The unemployment rate stands at 4.5% (25% above the U.S. rate of 3.6%). 5.0% of residents live below the poverty line. The area is home to 3,624 business establishments, including 285 restaurants.
Housing & Cost of Living
The median home value in Franklin is $253,100 , 10% below the national median of $281,900.
Zillow estimates the typical home at $375,147. Median rent is $1,340/month, with 21.9% of renters spending more than 30% of income on housing. The cost of living index is 108.8 (100 = national average). The median home was built in 1960.
Safety & Crime
Franklin reports 213 violent crimes per 100,000 residents
, which is 44% below the national average of 380/100K.
Property crime is 1,021/100K. The murder rate is 0.0/100K.
Education
19.5% of adults in Franklin hold a bachelor's degree or higher
(42% below the national average).
91.8% have completed high school. Local schools score 6.6/10 in standardized testing.
Climate & Weather
Franklin has an average annual temperature of 50°F (10°C).
Winters average 27°F in January while summers reach 72°F in July. The area gets 275 sunny days per year. Annual precipitation totals 41.0 inches. Air quality is rated Good with a median AQI of 39.
Data Overview
People
Population4,938
Median Age51.6 yrs
Density1,133/mi²
Male / Female52% / 48%
Foreign Born13.6%
Veterans6.2%
Economy
A
Median Income$90,152
Per Capita$42,217
Unemployment4.5%
Poverty5.0%
County GDP$6,729M
Avg Weekly Wage$1,129
Housing
A+
Home Value$253,100
Rent$1,340
Ownership57.0%
Zillow$375,147
Housing Units2,348
Rent Burden21.9%
Crime
F
Violent213/100K
Property1,021/100K
Murder0.0/100K
Assault170/100K
Burglary64/100K
Health
Obesity28.6%
Diabetes8.5%
Smoking14.3%
Heart Disease5.1%
Premature Death6,516/100K
Climate
Avg Temp50°F
Sunny Days275/yr
Rain41.0 in/yr
AQI39 (Good)
Elevation543 ft
Education
C+
Bachelor's+19.5%
High School+91.8%
Graduate+5.4%
School Score6.6/10
Community
2024 VoteR 62% / D 37%
Commute35 min
Broadband87.7%
Internet Speed52 Mbps
EV Stations1
Libraries7
Did You Know?
Franklin was founded in 1913.
The median home in Franklin was built in 1960.
The nearest airport is Newark Liberty International (36 miles).
The Gini coefficient (income inequality) is 0.417 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
16.6% of the population has a disability.
13.6% of residents are foreign-born.
There are 285 restaurants in the area.
The county recorded 14 fatal vehicle crashes.
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