Pros and Cons of Living In Franklin, Indiana. Is Franklin, IN a Nice Place To Live or Retire?

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Franklin, Indiana

Moving to Franklin In Indiana ? Is Franklin, IN a Nice Place To Live? Pros and Cons of Living in Franklin, Indiana. Find out the best and worst about to live, raise a family or retire in Franklin.

Franklin is a city in Johnson County, Indiana, United States. The population was 23,712 at the 2010 census. Located about 20 miles (32 km) south of Indianapolis, the city is the county seat of Johnson County. The site of Franklin College, the city attracts numerous regional sports fans for the college teams, as well as audiences for its art events.

DEMOGRAPHICS

Population
25276
Unemployment
5.8%
23% NAT AVG.
Poverty
11.5%
18% NAT AVG.
Cost Of Living
90
10% NAT AVG.

ECONOMICS

Median Home Cost
$145200
37% NAT AVG.
Median Income
$60500
10% NAT AVG.
Median Rent
$904
22% NAT AVG.
Overall Score
5

CRIME REPORT

Total Crime
513
15% NAT. AVG.
7% STATE AVG.
Violent Crime
34
66% NAT. AVG.
63% STATE AVG.
Property Crime
479
5% NAT. AVG.
4% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 9
Unemployed People
1 in 17
People Earning < $10,000
1 in 17
People Earning < $50,000
40.1%
People With Any Degree
1 in 3.2

ETHNICITY

Ethnicity Franklin USA
White 91.9% 60.1%
African American 2.9% 12.2%
American Indian 0% 0.6%
Asian 0.8% 5.6%
Hawaiian 0% 0.2%
Multiracial 1.9% 2.8%
Hispanic 2.4% 18.2%
Other 0.2% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Franklin USA
Less than $10,000 6% 5.8%
$10,000 to $14,999 2.6% 4.1%
$15,000 to $24,999 8.9% 8.5%
$25,000 to $34,999 12.1% 8.6%
$35,000 to $49,999 10.5% 12.0%
$50,000 to $74,999 21% 17.2%
$75,000 to $99,999 15% 12.8%
$100,000 to $149,999 16.7% 15.6%
$150,000 to $199,999 5.3% 7.1%

EDUCATION

Education Franklin USA
< 9th Grade 2% 5.0%
9-12th Grade 7% 7.0%
High School or GED 39% 27.0%
Other College 21% 20.0%
Associate's Degree 10% 9%
Bachelor's Degree 14% 20.0%
Master's Degree 5% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 1% 1.0%
Franklin is a city in Indiana state in USA with a population of 25276 residents.. The poverty rate of Franklin is 11.5%, which is 18% lower than national average. The typical household in Franklin earns $60500 a year, compared to the national median of $67,500. Nearly 40.1% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Franklin remained 5.8%, which is 23% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in Franklin is 90, which is 10% lower than national average. In Franklin, only 21% of adults have a bachelor's degree and 31% have some college but no degree. Median home value in Franklin is $145200 , which is 37% lower than national average. While median income in Franklin remained $60500, which is 10% lower than national average.
Franklin Scorecard

Jobs70%

Housing70%

Affordability80%

Safety70%

Amenities85%

Diversity50%

Education70%

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