Franklin 89 Exceptional
Franklin Livability #2 ranked city in Tennessee#378 ranked city in the USARanks better than 98% of areas

Livability Awards

A+ Franklin Amenities Lots of amenities close to this location
F Franklin Cost of Living Cost of living is 32% higher than Tennessee
Franklin
11717% more expensive than the US average
Tennessee
8911% less expensive than the US average
United States
100National cost of living index
Franklin cost of living
A Franklin Crime Total crime is 61% lower than Tennessee
Total crime
1,36247% lower than the US average
Chance of being a victim
1 in 7447% lower than the US average
Year-over-year crime
-18%Year over year crime is down
Franklin crime
B+ Franklin Employment Household income is 91% higher than Tennessee
Median household income
$88,96161% higher than the US average
Income per capita
$43,08744% higher than the US average
Unemployment rate
3%36% lower than the US average
Franklin employment
C+ Franklin Housing Home value is 135% higher than Tennessee
Median home value
$342,90086% higher than the US average
Median rent price
$1,22129% higher than the US average
Home ownership
67%5% higher than the US average
Franklin real estate or Franklin rentals
A+ Franklin Schools HS graduation rate is 17% higher than Tennessee
High school grad. rates
93%13% higher than the US average
School test scores
79%61% higher than the US average
Student teacher ratio
0:1100% lower than the US average
Franklin K-12 schools
A Franklin User Ratings There are a total of 23 ratings in Franklin
Overall user rating
82% 23 total ratings
User reviews rating
85% 2 total reviews
User surveys rating
81% 21 total surveys
all Franklin poll results

Best Places to Live in and Around Franklin

See all the best places to live around Franklin

Living in Franklin, TN

Franklin is a mid-sized city located in the state of Tennessee. The city has a population of 70,625 inhabitants. If we take a look at the last Census, the vast majority of the population falls within one racial group (86% White). Given that fact, Franklin could be considered less diverse than other cities. If you are looking for a family friendly city, Franklin might be a good fit as 84% of the population over 15 years old are married, and 50% have kids who are 18 years old or younger.

Without the right tools, relocating to any new city can be very stressful and challenging. Living in Franklin, Tennessee could be a good experience for anyone who puts in the time to do the research required. Finding the best places to live in Franklin and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes weather, education, employment and other important metrics.

Franklin, TN receives 84/100 for its livability score; this results in a ranking of #5 in Tennessee and #468 in the USA. Pack your bags! This is a very high score in comparison to other US cities. Living in Franklin could be a great choice! Franklin has also earned the rare honor of ranking in the top 10 percentile among all cities. If we explore each of the categories on their own, we see that Franklin ranks well for amenities (A+), crime (A-), education (A+) and employment (B+). There are some categories that Franklin ranks poorly for, including: cost of living (F). It might be worth taking a closer look to determine why.

Conveniently located amenities and interesting attractions are a great way to continuously enjoy Franklin on a regular basis. Knowing that there are an abundance of amenities and things to do can ensure that you always have access to nearby grocery stores, restaurants and coffee shops. Some of the interesting things to do and attractions include: Lotz House Museum, Historic Carnton Plantation, and Carter House.

Crime rates can be the deciding factor for anyone looking to relocate to a new area. Franklin gets top scores for their low violent crime rates of 190 crimes per 100,000 residents, which are significantly lower than the national average.

The average school test scores in Franklin are 79%. This far exceeds the national average and ensures that this educational system will provide your children with the skills and the tools they need to thrive.

Being close to public transportation, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Franklin. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Franklin are affordable. Median real estate prices in Franklin come in at $342,900, which is 134.9% higher than the Tennessee average. The home price to income ratio compares the median home prices to the median household income. In Franklin, the home price to income ratio is 3.9, which is 25.8% higher than the Tennessee average. Year over year appreciation rates for homes in the Franklin area were 6.5% and the 5 year appreciation rates came in at 7.4%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.

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Compare Franklin, TN Livability To Other Cities

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      Source: The Franklin, TN data and statistics displayed above are derived from the 2016 United States Census Bureau American Community Survey (ACS).