Michigan / Oakland County

Moving to Franklin, MI

Thinking of making a move to Franklin, MI? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Franklin, MI

Considering a move to Franklin, MI? This welcoming community of 3,150 residents offers a blend of suburban charm and convenience, with median home prices around $820,000 and average rents near $2,220. Commute times average 29 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (49% annually), ideal for families and commuters alike. Explore Franklin's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Franklin, MI

Franklin has a population of 3,150 residents, offering a diverse community with a median age of nearly 49 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 84% White, 7% Black, and 6% Asian residents, and over 9% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
3,150
Density
620 per sq mi
Median Age
49.2
Gender Ratio
93 males per 100 females
Non-English Speakers Percentage
9.0%

Ethnic Composition

White
84.2%
Black
7.4%
Asian
5.8%
Others
2.6%

Cost Of Living

What is the average cost of living in Franklin, MI?

The cost of living in Franklin is higher than the national average, with a cost of living index of 140.2. Median home values are around $820,000 and average rents for a two-bedroom apartment are approximately $2,220. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$820,000
Gross Rent
$2,220
Monthly Electricity Charges
$120
Auto Insurance
$2,050
House Owner Cost With Mortgage
$3,100
House Owner Cost Without Mortgage
$1,200
State Taxes
Low: 4.25%| High: 4.25%
Cost Of Living Index
140.2
Grocery
108.5
Housing
197.0
Utilities
102.3
Transportation
110.1
Health Care
96.7
Miscellaneous
101.3

Crime

Is Franklin, MI a safe place to live?

Franklin is considered a safe community, with a low violent crime rate of 38 incidents per 100,000 residents and a property crime chance of 1 in 415. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Michigan.

Violent Crimes Per 100k
38
Property Crimes Per 100k
240
Crime Index
278
Chance Of Violent Crime
1 in 2,630
Chance Of Property Crime
1 in 415

Weather

What is the weather like in Franklin, MI year-round?

Franklin experiences four distinct seasons, with warm summers reaching highs of 83°F and cold winters dipping to 18°F. The area receives about 33 inches of rainfall annually and enjoys sunshine on 49% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
18°F
Max
33°F

Summer

Min
62°F
Max
83°F

Spring

Min
39°F
Max
65°F

Fall

Min
43°F
Max
67°F
Average Rainfall Inches
32.5 inches
Sunny Days Percentage
49%

Neighbors

The neighborhood boasts a healthy median household income of $185,500 and a low poverty rate of 2.3%. Over 98% of residents have at least a high school diploma, and nearly 73% hold a bachelor's degree or higher. Commute times average 29 minutes, and almost 1% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$83,000
Household Income
$185,500
Family Income
$210,000
Per Capita Income
$92,000
Income Male
$110,000
Income Female
$72,000
Poverty Rate
2.3%
Non English Speakers
9.0%
Rent
$2,220
Unemployment Rate
2.7%
Public Transport Usage
1.1%
Commute Time
28.5 minutes

Education

High School or Higher
98.0%
Bachelors or More
73.1%

Education

How are the schools in Franklin, MI?

Franklin offers quality education options, with public schools like Groves High School and Beverly Elementary School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Oakland Community College and Wayne State University. The community is committed to educational excellence for all age groups.

Public Schools

Name
Groves High School
Street
20500 W 13 Mile Rd
Phone
248-203-3500
Students
1,250
Student Teacher Ratio
17.4
Name
Beverly Elementary School
Street
18305 Beverly Rd
Phone
248-203-3150
Students
470
Student Teacher Ratio
14.5

Private Schools

Name
Franklin Christian School
Street
26425 Wellington Rd
Phone
248-626-6606
Students
150

Colleges

Name
Oakland Community College
City
Farmington Hills
State
MI
Distance
6 miles
Students
14,000
Name
Wayne State University
City
Detroit
State
MI
Distance
21 miles
Students
26,000

Healthcare

Franklin residents have access to quality healthcare, with major hospitals like Beaumont Hospital, Royal Oak and Henry Ford West Bloomfield Hospital nearby. The community benefits from a high physician-to-resident ratio of 3.0 per 1,000 people and 97.6% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Beaumont Hospital, Royal Oak
Address
3601 W 13 Mile Rd, Royal Oak, MI 48073
Phone
(248) 898-5000
Type
General & Surgical
Emergency Services
Yes
Name
Henry Ford West Bloomfield Hospital
Address
6777 W Maple Rd, West Bloomfield Township, MI 48322
Phone
(248) 661-4100
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
3.0
Health Insurance Coverage
97.6%
Health Care Index
78.2

Housing Market

What is the housing market like in Franklin, MI?

The local housing market is strong, with a median home price of $820,000 and an owner-occupied rate of nearly 97%. The market has seen a 5.1% appreciation over the past year, and rental vacancy rates remain moderate at 5.9%. Franklin offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$820,000
Average Rent For 2 Bedroom
$2,220
Owner Occupied Rate
96.7%
Rental Vacancy Rate
5.9%
Home Appreciation Rate (1yr)
5.1%
New Construction Rate
1.1%
Foreclosure Rate
0.3%

DMV Information

Residents of Franklin handle vehicle services through the Michigan Secretary of State, conveniently located in Waterford. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Michigan
Department
Michigan Secretary of State
Address
7064 Highland Rd, Waterford, MI 48327
Phone
1-888-767-6424

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.

FAQs About Moving to Franklin, MI

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Franklin, review the core fields on this page: population 3,150, median home value $820,000, average rent for 2 bedroom $2,220, commute time 28.5 minutes, and sunny days percentage 49%.

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