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

Franklin, Tennessee

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

Franklin is a city in and the county seat of Williamson County, Tennessee, United States. About 21 miles (34 km) south of Nashville, it is one of the principal cities of the Nashville metropolitan area and Middle Tennessee. As of 2020, its population was 83,454. It is the seventh-most populous city in Tennessee. Franklin is known to be the home of many celebrities, mostly country music stars like Billy Ray Cyrus and Pop Singer Miley Cyrus.

The city developed on both sides of the Harpeth River, a tributary of the Cumberland River. In the 19th century, Franklin (as the county seat) was the trading and judicial center for primarily rural Williamson County and...

DEMOGRAPHICS

Population
80675
Unemployment
3.1%
34% NAT AVG.
Poverty
7.1%
49% NAT AVG.
Cost Of Living
118
18% NAT AVG.

ECONOMICS

Median Home Cost
$438800
91% NAT AVG.
Median Income
$100169
48% NAT AVG.
Median Rent
$1553
34% NAT AVG.
Overall Score
9

CRIME REPORT

Total Crime
987
51% NAT. AVG.
64% STATE AVG.
Violent Crime
195
41% NAT. AVG.
66% STATE AVG.
Property Crime
792
53% NAT. AVG.
63% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 14
Unemployed People
1 in 32
People Earning < $10,000
1 in 34
People Earning < $50,000
23.8%
People With Any Degree
1 in 1.4

ETHNICITY

Ethnicity Franklin USA
White 76.6% 60.1%
African American 5.6% 12.2%
American Indian 0% 0.6%
Asian 8.6% 5.6%
Hawaiian 0% 0.2%
Multiracial 2.6% 2.8%
Hispanic 6.3% 18.2%
Other 0.3% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Franklin USA
Less than $10,000 2.9% 5.8%
$10,000 to $14,999 1.6% 4.1%
$15,000 to $24,999 5.1% 8.5%
$25,000 to $34,999 5.8% 8.6%
$35,000 to $49,999 8.4% 12.0%
$50,000 to $74,999 13.8% 17.2%
$75,000 to $99,999 12.4% 12.8%
$100,000 to $149,999 22.3% 15.6%
$150,000 to $199,999 11.9% 7.1%

EDUCATION

Education Franklin USA
< 9th Grade 1% 5.0%
9-12th Grade 3% 7.0%
High School or GED 12% 27.0%
Other College 15% 20.0%
Associate's Degree 6% 9%
Bachelor's Degree 39% 20.0%
Master's Degree 17% 9.0%
Professional Degree 4% 2.0%
Doctorate Degree 3% 1.0%
Franklin is a city in Tennessee state in USA with a population of 80675 residents.. The poverty rate of Franklin is 7.1%, which is 49% lower than national average. The typical household in Franklin earns $100169 a year, compared to the national median of $67,500. Nearly 23.8% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Franklin remained 3.1%, which is 34% lower than national rate.

Cost of living in Franklin is 118, which is 18% higher than national average. In Franklin, only 63% of adults have a bachelor's degree and 21% have some college but no degree. Median home value in Franklin is $438800 , which is 91% higher than national average. While median income in Franklin remained $100169, which is 48% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Franklin Scorecard

Jobs90%

Housing90%

Affordability60%

Safety80%

Amenities85%

Diversity80%

Education90%

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