Everything You Should Know Before Moving to Franklin, IN
Considering a move to Franklin, IN? This welcoming city of 25,313 residents offers affordable living, with median home prices around $225,000 and average rents at $1,070. Franklin features a low violent crime rate (192 per 100k) and manageable commutes averaging 25 minutes. You'll find good public schools, access to local healthcare, and a friendly community atmosphere, plus four-season weather with plenty of sunny days.
Demographics - Franklin, IN
Demographics - Franklin, IN
Franklin, IN is home to about 25,300 residents, with a median age of 36 and a population density of 1,800 per square mile. The community is predominantly White at over 91%, with a balanced gender ratio and a small but present non-English speaking population, reflecting a friendly Midwestern atmosphere.
Population:
25,313
Density:
1,800 per sq mi
Median Age:
36.2
Gender Ratio:
97 males per 100 females
Non-English Speakers Percentage:
5.5%
Ethnic Composition
White:
91.2%
Black:
2.2%
Asian:
1.3%
Others:
5.3%
Cost Of Living
What is the average cost of living in Franklin, IN?
Living in Franklin is quite affordable, with a cost of living index well below the national average and median home values around $225,000. Residents benefit from reasonable utility costs, modest rents near $1,070, and low state income taxes, making it an appealing choice for budget-conscious families and professionals.
Median House Value:
$225,000
Gross Rent:
$1,070
Monthly Electricity Charges:
$120
Auto Insurance:
$1,040
House Owner Cost With Mortgage:
$1,410
House Owner Cost Without Mortgage:
$465
State Taxes:
Low:
3.15%
|
High:
3.15%
Cost Of Living Index:
87.4
Grocery:
92.1
Housing:
74.3
Utilities:
97.5
Transportation:
89.7
Health Care:
95.5
Miscellaneous:
92.0
Crime
Is Franklin, IN a safe place to live?
Franklin offers a relatively safe environment, featuring a low violent crime rate of 192 per 100,000 people and a property crime rate below many national averages. Residents enjoy peace of mind with a 1 in 520 chance of experiencing violent crime, supporting the city’s reputation as a secure place to call home.
Violent Crimes Per 100k:
192
Property Crimes Per 100k:
1,850
Crime Index:
2,042
Chance Of Violent Crime:
1 in 520
Chance Of Property Crime:
1 in 54
Weather
What is the weather like in Franklin, IN year-round?
The city experiences all four seasons, with cold winters averaging lows near 21°F, warm summers peaking at 85°F, and mild transitions in spring and fall. Franklin receives about 42.5 inches of rainfall annually and enjoys sunshine on 58% of days, providing a balanced climate for outdoor activities year-round.
Winter
Min:
21°F
Max:
38°F
Spring
Min:
43°F
Max:
67°F
Summer
Min:
65°F
Max:
85°F
Fall
Min:
46°F
Max:
69°F
Average Rainfall Inches:
42.5 inches
Sunny Days Percentage:
58%
Neighbors
Franklin’s neighborhoods offer a median household income of $67,200 and a modest poverty rate of 10.7%. Most residents are high school graduates, and the typical commute is just under 25 minutes, reflecting a stable and family-friendly community with easy access to work and amenities.
Median Income:
$36,800
Household Income:
$67,200
Family Income:
$82,900
Per Capita Income:
$29,100
Income Male:
$45,500
Income Female:
$36,200
Poverty Rate:
10.7%
Non English Speakers:
5.5%
Rent:
$1,070
Unemployment Rate:
3.8%
Public Transport Usage:
0.7%
Commute Time:
24.8 minutes
Education
High School or Higher:
90.3%
Bachelors or More:
24.5%
Education
How are the schools in Franklin, IN?
Franklin delivers quality education through its public and private schools, including Franklin Community High School and St. Rose of Lima Catholic School, as well as higher education opportunities at Franklin College. The city’s schools maintain favorable student-teacher ratios and support a vibrant learning environment for all ages.
Public Schools
Name:
Franklin Community High School
Street:
2600 Cumberland Dr
Phone:
317-738-5700
Students:
1,600
Student Teacher Ratio:
19.1
Name:
Custer Baker Intermediate School
Street:
101 W SR 44
Phone:
317-346-8600
Students:
800
Student Teacher Ratio:
18.3
Private Schools
Name:
St. Rose of Lima Catholic School
Street:
114 Lancelot Dr
Phone:
317-738-3451
Students:
180
Colleges
Name:
Franklin College
City:
Franklin
State:
IN
Distance:
0 miles
Students:
950
Name:
Ivy Tech Community College - Columbus
City:
Columbus
State:
IN
Distance:
22 miles
Students:
5,000
Healthcare
Healthcare in Franklin is accessible, with major facilities like Johnson Memorial Health providing comprehensive and emergency services. With about 2.2 physicians per 1,000 residents and over 92% health insurance coverage, residents benefit from reliable local medical care.
Major Hospitals
Name:
Johnson Memorial Health
Address:
1125 W Jefferson St, Franklin, IN 46131
Phone:
(317) 736-3300
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.2
Health Insurance Coverage:
92.7%
Health Care Index:
77.3
Housing Market
What is the housing market like in Franklin, IN?
The housing market in Franklin is favorable for buyers and renters alike, with median home prices at $225,000 and average two-bedroom rents around $1,070. A strong owner-occupied rate of nearly 65% and steady home value appreciation signal a robust and attractive real estate environment.
Median Home Price:
$225,000
Average Rent For 2 Bedroom:
$1,070
Owner Occupied Rate:
64.8%
Rental Vacancy Rate:
6.1%
Home Appreciation Rate (1yr):
7.1%
New Construction Rate:
2.2%
Foreclosure Rate:
0.7%
DMV Information
Local residents are served by the Indiana Bureau of Motor Vehicles branch conveniently located in Franklin, offering easy access to driver and vehicle services. The office provides essential information and services both in person and online for Indiana drivers.
State:
Indiana
Department:
Indiana Bureau of Motor Vehicles
Address:
1051 Hospital Rd, Franklin, IN 46131
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.