Everything You Should Know Before Moving to Franklin Hills, IN
Thinking of moving to Franklin Hills, IN? With a welcoming population of 8,750, this small city offers affordable living—median home prices hover around $218,000 and average rents are just $970. Residents enjoy a safe community with low violent crime rates (192 per 100K), short commutes averaging 24 minutes, and strong local schools. Franklin Hills features a friendly suburban feel, reliable healthcare, and four-season weather with plenty of sunny days—making it a great choice for families and newcomers alike.
Demographics - Franklin Hills, IN
Demographics - Franklin Hills, IN
Franklin Hills is home to 8,750 residents, offering a tight-knit community with a median age of 39.2 years. The population is predominantly White, but the city also has a modest blend of other ethnic backgrounds and nearly 8% of residents speak a non-English language at home. The gender balance is nearly even, contributing to the city’s friendly and inviting atmosphere.
Population:
8,750
Density:
1,350 per sq mi
Median Age:
39.2
Gender Ratio:
96 males per 100 females
Non-English Speakers Percentage:
7.8%
Ethnic Composition
White:
85.3%
Black:
5.6%
Asian:
2.1%
Others:
7.0%
Cost Of Living
What is the average cost of living in Franklin Hills, IN?
Franklin Hills provides a cost of living well below the national average, with a cost of living index of 89.2. The median home value is $218,000 and typical rent for a two-bedroom apartment is $970, making housing affordable for both buyers and renters. Utilities and daily expenses are also manageable, appealing to those seeking budget-friendly living.
Median House Value:
$218,000
Gross Rent:
$970
Monthly Electricity Charges:
$130
Auto Insurance:
$1,120
House Owner Cost With Mortgage:
$1,350
House Owner Cost Without Mortgage:
$480
State Taxes:
Low:
3.23%
|
High:
6.73%
Cost Of Living Index:
89.2
Grocery:
92.1
Housing:
83.8
Utilities:
97.4
Transportation:
94.5
Health Care:
90.9
Miscellaneous:
87.6
Crime
Is Franklin Hills, IN a safe place to live?
Franklin Hills stands out for its safety, with a low violent crime rate of 192 incidents per 100,000 residents. Property crime is also relatively modest, giving residents peace of mind and a secure environment. The chance of experiencing a violent crime is just 1 in 520, making it an appealing choice for families.
Violent Crimes Per 100k:
192
Property Crimes Per 100k:
1,480
Crime Index:
1,672
Chance Of Violent Crime:
1 in 520
Chance Of Property Crime:
1 in 68
Weather
What is the weather like in Franklin Hills, IN year-round?
Residents in Franklin Hills experience all four seasons, with mild winters averaging lows around 20°F and warm summers reaching highs near 86°F. The area enjoys about 53% sunny days annually and receives approximately 41.5 inches of rainfall per year, offering a pleasant climate for outdoor activities. Seasonal transitions provide a picturesque backdrop throughout the year.
Winter
Min:
20°F
Max:
37°F
Spring
Min:
43°F
Max:
67°F
Summer
Min:
65°F
Max:
86°F
Fall
Min:
46°F
Max:
70°F
Average Rainfall Inches:
41.5 inches
Sunny Days Percentage:
53%
Neighbors
Franklin Hills is a community with a median household income of $67,800 and a low poverty rate of 8.4%. Most adults have completed high school, and a notable portion hold bachelor’s degrees or higher. With short average commute times of 24 minutes and low unemployment, the city supports a stable and engaged population.
Median Income:
$35,400
Household Income:
$67,800
Family Income:
$77,600
Per Capita Income:
$32,600
Income Male:
$45,200
Income Female:
$37,300
Poverty Rate:
8.4%
Non English Speakers:
7.8%
Rent:
$970
Unemployment Rate:
3.8%
Public Transport Usage:
0.9%
Commute Time:
24.2 minutes
Education
High School or Higher:
90.4%
Bachelors or More:
22.7%
Education
How are the schools in Franklin Hills, IN?
Franklin Hills offers strong educational options, including well-regarded public schools with favorable student-teacher ratios and a local private school for families seeking alternative education. Higher education is easily accessible, with Franklin College located just 21 miles away and Indiana University East within a short drive. These resources ensure quality learning opportunities for students of all ages.
Public Schools
Name:
Franklin Hills Elementary School
Street:
320 Elm St
Phone:
765-555-1212
Students:
410
Student Teacher Ratio:
16.5
Name:
Franklin Hills Middle School
Street:
400 Oak Ave
Phone:
765-555-1345
Students:
520
Student Teacher Ratio:
15.8
Private Schools
Name:
St. Michael Catholic School
Street:
250 Church St
Phone:
765-555-1288
Students:
185
Colleges
Name:
Franklin College
City:
Franklin
State:
IN
Distance:
21 miles
Students:
1,000
Name:
Indiana University East
City:
Richmond
State:
IN
Distance:
37 miles
Students:
3,700
Healthcare
Healthcare in Franklin Hills is accessible, with two major hospitals providing comprehensive emergency and surgical services nearby. The area boasts 2.1 physicians per 1,000 residents and over 91% of the population has health insurance coverage. Residents benefit from reliable medical care and strong health infrastructure.
Major Hospitals
Name:
Franklin County Memorial Hospital
Address:
825 Hospital Dr, Brookville, IN 47012
Phone:
(765) 647-2561
Type:
General & Surgical
Emergency Services:
Yes
Name:
Margaret Mary Health
Address:
321 Mitchell Ave, Batesville, IN 47006
Phone:
(812) 934-6624
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.1
Health Insurance Coverage:
91.7%
Health Care Index:
69.2
Housing Market
What is the housing market like in Franklin Hills, IN?
Franklin Hills features a stable housing market, with a median home price of $218,000 and a homeownership rate exceeding 70%. Rental options are available, with average two-bedroom rents at $970 and a vacancy rate of 7.1%. Home values have appreciated by 4.2% over the past year, reflecting steady local demand.
Median Home Price:
$218,000
Average Rent For 2 Bedroom:
$970
Owner Occupied Rate:
73.5%
Rental Vacancy Rate:
7.1%
Home Appreciation Rate (1yr):
4.2%
New Construction Rate:
1.1%
Foreclosure Rate:
0.7%
DMV Information
Residents of Franklin Hills are served by the Indiana Bureau of Motor Vehicles, conveniently accessible online and at the state office in Indianapolis. The BMV provides essential vehicle registration, licensing, and driver services for Indiana residents. For more information, locals can visit the official website or contact the state office directly.
State:
Indiana
Department:
Indiana Bureau of Motor Vehicles
Address:
100 N. Senate Avenue, Indianapolis, IN 46204
Phone:
1-888-692-6841
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.