Median Income
$54,688
27% lower than US avg
Home Value
$171,000
39% lower than US avg
Bachelor's+
20.1%
40% lower than US avg
Median Rent
$795
32% lower than US avg
Obesity Rate
34.6%
8% higher than US avg
Unemployment
3.8%
6% higher than US avg
Poverty Rate
16.0%
29% higher than US avg
How Franklin Compares to the U.S. Average (100% = U.S. avg)
People
Population1,498
Median Age36.6 yrs
Density1,280/mi²
Male / Female48% / 53%
Largest GroupWhite 68%
Economy
B
Median Income$54,688
Per Capita$24,729
Unemployment3.8%
Poverty16.0%
County GDP$3,271M
Commute23 min
Housing
A+
Home Value$171,000
Rent$795
OwnershipN/A
Zillow$360,925
Health
Obesity34.6%
UninsuredN/A
Depression23.6%
Heart Disease4.9%
Climate
Avg Temp68°F
AQI42 (Good)
Rain40.6 in/yr
Elevation443 ft
Education
C+
Bachelor's+20.1%
High School+90.7%
School Score5.90
Community
2024 VoteR 76% / D 24%
Commute23 min
Libraries3
Is Franklin a Good Place to Live?
Based on current data, Franklin receives an overall livability score of 3.6 out of 5.0, earning a grade of B+. Key strengths include affordable housing. Areas to be aware of include below-average incomes. Franklin offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Franklin is $54,688, 27% below the national average of $75,149. Unemployment stands at 3.8%, indicating a healthy job market. The poverty rate of 16.0% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 23 minutes.
Cost of Living & Housing
The median home value in Franklin is $171,000, 39% below the national median — offering relatively affordable homeownership. Renters pay a median of $795 per month, below the national average — a plus for affordability. A price-to-income ratio of 3.1x indicates a reasonably affordable housing market.
Education
20.1% of residents hold a bachelor's degree, below the national average of 33.7%. 90.7% have completed high school. Area schools have an average test score of 5.9/10.
Climate & Weather
Franklin enjoys a moderate climate with an average annual temperature of 68°F. Winters average 50°F in January while summers reach 84°F in July. Annual precipitation totals 40.6 inches. Air quality is rated Good with a median AQI of 42.
Franklin has a population of 1,498 with a density of 1,280 people per square mile. The median age is 36.6 years, 6% younger than the national median of 38.9. The city is predominantly White (67.5%), with 1.9% Hispanic, 24% Black.
Population
36.6yrs
Median Age
6% below US avg
Language Spoken at Home
| English Only | 93.6% |
| 19% above US avg |
| Spanish | 6.4% |
| 52% below US avg |
The median household income in Franklin is $54,688, which is 27% below the national average of $75,149. The unemployment rate is 3.8% (above the 3.6% US average). 16.0% of residents live below the poverty line. Workers commute an average of 23 minutes.
Income
| Median HH Income | $54,688 |
| 27% below US avg |
| Per Capita Income | $24,729 |
| Avg Weekly Wage | $1,475 |
| IRS Avg AGI | $65,562 |
Employment & Poverty
| Unemployment | 3.8% |
| 6% above US avg |
| Poverty Rate | 16.0% |
| 29% above US avg |
| Establishments (County) | 393 |
| County GDP | $3,271M |
Business (County)
| Restaurants | 36 |
| Healthcare | 18 |
| Retail | 55 |
| Manufacturing | 5 |
Tax & Cost of Living
| Property Tax (IRS) | $5,232 |
| 49% above US avg |
| Effective Tax Rate | 3.06% |
Commute & Transportation
| Commute Time | 22.5 min |
| Work from Home | 3.8% |
The median home value in Franklin is $171,000, 39% below the national average. Monthly rent averages $795 (32% below US avg). Zillow estimates the typical home value at $360,925.
Home Values
| Census Median | $171,000 |
| 39% below US avg |
| Zillow ZHVI | $360,925 |
| Median List Price | $260,000 |
Real Estate Market (Redfin)
| Median List Price | $260,000 |
| $/Sq Ft | $105 |
| Homes Sold | 1 |
| Sale-to-List Ratio | 0.0% |
| Price Drops | 10.0% |
| Inventory | 10 |
Rental Costs
| Census Median Rent | $795 |
| 32% below US avg |
HUD Fair Market Rent
| Studio | $861 |
| 1 Bedroom | $885 |
| 2 Bedrooms | $1,107 |
| 3 Bedrooms | $1,327 |
| 4 Bedrooms | $1,629 |
Ownership & Property
Property Tax
| Avg Tax (IRS) | $5,232 |
| 49% above US avg |
| Effective Rate | 3.06% |
In Franklin, 34.6% of adults are obese (above the 32.1% national rate). 23.6% report depression. 24.5% are physically inactive.
Health Metrics: Franklin vs U.S. Average (%)
Chronic Conditions
| Obesity | 34.6% |
| 8% above US avg |
| Diabetes | 10.1% |
| Heart Disease | 4.9% |
| High Blood Pressure | 31.7% |
| Asthma | 10.5% |
| COPD | 5.7% |
| Stroke | 2.9% |
Behaviors & Mental Health
| |
| Binge Drinking | 19.0% |
| Physical Inactivity | 24.5% |
| Depression | 23.6% |
| Mental Distress | 18.7% |
| Physical Distress | 12.5% |
Healthcare Access
| Insurance Rate | 90.3% |
| |
| Checkup Rate | 73.2% |
| Premature Death | 10,658/100K |
Food & Exercise
| Food Environment | 6.9/10 |
| Exercise Access | 58.0% |
| Healthcare Facilities | 18 |
Crime Rates: Franklin vs U.S. Average (per 100,000)
Traffic Safety
| Fatal Crashes (County/yr) | 8 |
| FEMA Disasters | 182 |
Safety Score
Franklin has an average annual temperature of 68°F (20°C). Winters average 50°F in January while summers reach 84°F in July. Annual precipitation is 40.6 inches. Air quality is rated Good with a median AQI of 42.
Temperature
50°F Jan (10°C)
84°F Jul (29°C)
| Annual Average | 67.9°F |
| 26% above US avg |
| January Average | 50°F (10°C) |
| July Average | 84°F (29°C) |
Precipitation & Snow
| Annual Rainfall | 40.6 inches |
| 7% above US avg |
| Snowfall | 0.6 inches/yr |
Air Quality
| AQI Median | 42.0 |
| Rating | Good |
Geography
| Elevation | 443 ft (135 m) |
| Area | 1.2 sq mi (3.0 km²) |
| Population Density | 1,280/sq mi |
| Coordinates | 31.0250°N, 96.4875°W |
| County FIPS | 48395 |