At a Glance
Median Income
$108,342
$51,764 per capita
Home Value
$343,400
Zillow: $426,099
Median Rent
$1,325/mo
32.1% of income on rent
Violent Crime
70/100K
1,606/100K property
Bachelor's Degree+
45.4%
94.6% high school+
Unemployment
2.2%
4.9% poverty rate
Obesity Rate
32.1%
10.9% smoking rate
Avg Temperature
47°F
260 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+
3.9 / 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 $108,342 , which is 44% above the national average of $75,149.
Per capita income is $51,764. The unemployment rate stands at 2.2% (39% below the U.S. rate of 3.6%). 4.9% of residents live below the poverty line. The area is home to 3,401 business establishments, including 337 restaurants.
Housing & Cost of Living
The median home value in Franklin is $343,400 , 22% above the national median of $281,900.
Zillow estimates the typical home at $426,099. Median rent is $1,325/month, with 32.1% of renters spending more than 30% of income on housing. The cost of living index is 94.1 (100 = national average). The median home was built in 1990.
Safety & Crime
Franklin reports 70 violent crimes per 100,000 residents
, which is 82% below the national average of 380/100K.
Property crime is 1,606/100K. The murder rate is 5.6/100K.
Education
45.4% of adults in Franklin hold a bachelor's degree or higher
(35% above the national average).
94.6% have completed high school. Local schools score 5.8/10 in standardized testing.
Climate & Weather
Franklin has an average annual temperature of 47°F (9°C).
Winters average 21°F in January while summers reach 72°F in July. The area gets 260 sunny days per year. Annual precipitation totals 38.4 inches. Air quality is rated Good with a median AQI of 38.
Data Overview
People
Population35,751
Median Age43.2 yrs
Density1,034/mi²
Male / Female49% / 51%
Foreign Born13.6%
Veterans6.3%
Economy
A+
Median Income$108,342
Per Capita$51,764
Unemployment2.2%
Poverty4.9%
County GDP$6,423M
Avg Weekly Wage$980
Housing
A+
Home Value$343,400
Rent$1,325
Ownership77.8%
Zillow$426,099
Housing Units14,697
Rent Burden32.1%
Crime
F
Violent70/100K
Property1,606/100K
Murder5.6/100K
Assault45/100K
Burglary67/100K
Health
Obesity32.1%
Diabetes8.7%
Smoking10.9%
Heart Disease4.6%
Premature Death7,248/100K
Climate
Avg Temp47°F
Sunny Days260/yr
Rain38.4 in/yr
AQI38 (Good)
Elevation758 ft
Education
A+
Bachelor's+45.4%
High School+94.6%
Graduate+14.3%
School Score5.8/10
Community
2024 VoteR 61% / D 38%
Commute25 min
Broadband90.3%
Internet Speed120 Mbps
EV Stations2
Libraries11
Did You Know?
Franklin was founded in 1841.
The median home in Franklin was built in 1990.
15.6% work from home.
The nearest airport is General Mitchell International (7 miles).
The Gini coefficient (income inequality) is 0.439 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
9.1% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 120 Mbps.
There are 337 restaurants in the area.
The county recorded 12 fatal vehicle crashes.
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