All Countries
Franklin, TN
Full City Profile · Tennessee · Williamson County County
3.6
/5.0
B+
Good
85,575
Population
1,921/sq mi density
$115,000
Median Income
$58,094 per capita
$646,300
Home Value
$904,529 Zillow
$1,861
Median Rent
27.8% income on rent
61°F
Avg Temperature
299 sunny days/yr
165
Violent Crime/100K
1,109 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$115,000 median income, 1.6% unemployment
B+
Affordability
3.5 / 5.0
$646,300 home value, $1,861/mo rent
F
Safety
1.0 / 5.0
165 violent crimes/100K
A+
Education
5.0 / 5.0
64.3% bachelor's degree or higher
Income Overview
Median Household Income
$115,000
53% above
US avg: $75,149
Per Capita Income
$58,094
49% above
US avg: $39,052
Unemployment Rate
1.6%
56% below
US avg: 3.6%
Poverty Rate
3.0%
76% below
US avg: 12.4%
Income Comparison: Franklin vs. U.S. Average
Each bar shows Franklin’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$115,000
153%
Per Capita
US: $39,052
$58,094
149%
IRS Avg AGI
US: $72,000
$196,327
273%
Avg Weekly Wage
US: $1,432
$1,679
117%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,679
17% above US avg ($1,432)
Mean Commute Time
25 min
11% below US avg (28 min)
Work From Home
28.2%
86% above US avg (15.2%)
Drive Alone
63.7%
13% below US avg (73.2%)
Public Transit
0.1%
98% below US avg (5.0%)
County GDP
$38,776M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
63.7%
Public Transit
0.1%
Work From Home
28.2%
Other
8%
Average commute time
25 minutes
US avg: 28 min
Business Landscape
Total Establishments
14,651
Restaurants
624
Healthcare
962
Retail
870
Manufacturing
128
Tax & Financial
IRS Avg Adjusted Gross Income
$196,327
173% above US avg ($72,000)
Avg Property Tax
$5,785
65% above US avg ($3,500)
Cost of Living Index
91.9
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $115,000 |
| Per Capita Income | $58,094 |
| IRS Avg Adjusted Gross Income | $196,327 |
| Avg Weekly Wage | $1,679 |
| County GDP | $38,776M |
Hardship Indicators
| Unemployment Rate | 1.6% |
| Poverty Rate | 3.0% |
| Gini Coefficient | 0.447 |
| Cost of Living Index | 91.9 |
Commute
| Mean Commute | 25 minutes |
| Drive Alone | 63.7% |
| Public Transit | 0.1% |
| Work From Home | 28.2% |
Businesses
| Total Establishments | 14,651 |
| Restaurants | 624 |
| Healthcare | 962 |
| Retail | 870 |
| Manufacturing | 128 |
Tax
| IRS Avg AGI | $196,327 |
| Avg Property Tax | $5,785 |