Everything You Should Know Before Moving to Franklin, KY
Thinking of relocating to Franklin, KY? With around 9,000 residents, Franklin offers affordable living with median home prices at $178,000 and average rents of $830—well below national averages. The city enjoys a small-town feel, low traffic with a 21-minute average commute, and crime rates lower than many comparably sized cities. Enjoy a warm climate with 56% sunny days and access to local schools and healthcare, making Franklin a welcoming option for families and retirees alike.
Demographics - Franklin, KY
Demographics - Franklin, KY
Franklin, KY is home to about 9,000 residents, with a balanced gender ratio and a median age of nearly 40, reflecting a stable, family-friendly community. The population is predominantly White (81%), with a notable Black minority (13.3%) and a small percentage of non-English speakers, contributing to the city’s welcoming atmosphere.
Population:
9,000
Density:
950 per sq mi
Median Age:
39.7
Gender Ratio:
97 males per 100 females
Non-English Speakers Percentage:
3.5%
Ethnic Composition
White:
81.0%
Black:
13.3%
Asian:
0.5%
Others:
5.2%
Cost Of Living
What is the average cost of living in Franklin, KY?
Franklin’s cost of living is significantly lower than the national average, with a median home value of $178,000 and average rents around $830. Utilities and everyday expenses remain affordable, making the city an attractive choice for those seeking value without sacrificing comfort.
Median House Value:
$178,000
Gross Rent:
$830
Monthly Electricity Charges:
$120
Auto Insurance:
$1,280
House Owner Cost With Mortgage:
$1,180
House Owner Cost Without Mortgage:
$370
State Taxes:
Low:
5.0%
|
High:
5.0%
Cost Of Living Index:
81.2
Grocery:
94.8
Housing:
66.3
Utilities:
95.1
Transportation:
82.4
Health Care:
86.2
Miscellaneous:
91.7
Crime
Is Franklin, KY a safe place to live?
Franklin maintains relatively low crime rates, with only about 215 violent crimes per 100,000 residents and a 1 in 70 chance of property crime. This safe environment is ideal for families and individuals looking for peace of mind in their community.
Violent Crimes Per 100k:
215
Property Crimes Per 100k:
1,420
Crime Index:
1,635
Chance Of Violent Crime:
1 in 465
Chance Of Property Crime:
1 in 70
Weather
What is the weather like in Franklin, KY year-round?
Franklin experiences four distinct seasons, with mild winters averaging 28–45°F and warm summers peaking near 89°F. The area enjoys 56% sunny days and over 53 inches of annual rainfall, offering a pleasant climate for outdoor activities most of the year.
Winter
Min:
28°F
Max:
45°F
Spring
Min:
45°F
Max:
70°F
Summer
Min:
68°F
Max:
89°F
Fall
Min:
48°F
Max:
72°F
Average Rainfall Inches:
53.1 inches
Sunny Days Percentage:
56%
Neighbors
Residents in Franklin enjoy a close-knit community with median household incomes around $54,000 and a moderate unemployment rate of 4.8%. Most neighbors have at least a high school diploma, and the average commute is a manageable 21 minutes, fostering a comfortable and connected local lifestyle.
Median Income:
$33,400
Household Income:
$54,000
Family Income:
$67,800
Per Capita Income:
$26,900
Income Male:
$37,500
Income Female:
$29,400
Poverty Rate:
17.6%
Non English Speakers:
3.5%
Rent:
$830
Unemployment Rate:
4.8%
Public Transport Usage:
0.5%
Commute Time:
21.2 minutes
Education
High School or Higher:
84.1%
Bachelors or More:
12.2%
Education
How are the schools in Franklin, KY?
Franklin offers quality educational opportunities through local public schools like Franklin-Simpson High and Middle School, with class sizes averaging 16–17 students per teacher. Private education and nearby college options, including Western Kentucky University just 22 miles away, provide a range of learning pathways for families and students.
Public Schools
Name:
Franklin-Simpson High School
Street:
400 S College St
Phone:
270-586-3273
Students:
850
Student Teacher Ratio:
17:1
Name:
Franklin-Simpson Middle School
Street:
270 S Main St
Phone:
270-586-4401
Students:
650
Student Teacher Ratio:
16:1
Private Schools
Name:
Franklin Christian Academy
Street:
822 Blackjack Rd
Phone:
270-586-8057
Students:
120
Colleges
Name:
Western Kentucky University
City:
Bowling Green
State:
KY
Distance:
22 miles
Students:
18,000
Healthcare
Healthcare in Franklin is anchored by The Medical Center at Franklin, providing general and emergency services locally. With 1.5 physicians per 1,000 residents and over 90% health insurance coverage, residents benefit from accessible and reliable medical care.
Major Hospitals
Name:
The Medical Center at Franklin
Address:
1100 Brookhaven Rd, Franklin, KY 42134
Phone:
(270) 598-4800
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.5
Health Insurance Coverage:
90.2%
Health Care Index:
68.3
Housing Market
What is the housing market like in Franklin, KY?
Franklin’s housing market features affordable options, with a median home price of $178,000 and a strong owner-occupancy rate of nearly 63%. Rental opportunities are available, and recent home appreciation shows steady, moderate growth, making the area appealing to both buyers and renters.
Median Home Price:
$178,000
Average Rent For 2 Bedroom:
$830
Owner Occupied Rate:
62.8%
Rental Vacancy Rate:
7.6%
Home Appreciation Rate (1yr):
3.3%
New Construction Rate:
1.0%
Foreclosure Rate:
0.7%
DMV Information
Driver services for Franklin residents are managed by the Kentucky Transportation Cabinet’s Division of Driver Licensing in Frankfort, with resources and online appointment scheduling available at drive.ky.gov. Residents can expect straightforward access to licensing, registration, and vehicle services.
State:
Kentucky
Department:
Kentucky Transportation Cabinet – Division of Driver Licensing
Address:
200 Mero Street, Frankfort, KY 40622
Phone:
502-564-1257
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.