Everything You Should Know Before Moving to Franklin, TN
Considering a move to Franklin, TN? This vibrant city of 85,469 offers a high quality of life, with top-rated schools, a median home price of $795,000, and rents averaging $1,900. Residents enjoy a low violent crime rate (110 per 100k), short 26-minute commutes, and sunny, mild weather year-round. With excellent healthcare, strong incomes, and a thriving community, Franklin is a fantastic choice for families and professionals alike.
Demographics - Franklin, TN
Demographics - Franklin, TN
Franklin, TN is home to about 85,469 residents, with a median age of 39 and a balanced gender ratio. The city's population is predominantly White, with growing Black, Asian, and other minority communities, and around 8% of residents speak a language other than English at home. Its moderate population density offers a suburban feel with diverse cultural influences.
Population:
85,469
Density:
2,100 per sq mi
Median Age:
39.0
Gender Ratio:
95 males per 100 females
Non-English Speakers Percentage:
8.4%
Ethnic Composition
White:
79.4%
Black:
7.0%
Asian:
4.9%
Others:
8.7%
Cost Of Living
What is the average cost of living in Franklin, TN?
Living in Franklin comes with a cost of living index of 128, reflecting higher-than-average expenses, especially in housing. The median home value is $795,000 and average rent is $1,900, while utilities and transportation costs remain close to the national average. State taxes are relatively low, making it attractive for high-income households.
Median House Value:
$795,000
Gross Rent:
$1,900
Monthly Electricity Charges:
$135
Auto Insurance:
$1,365
House Owner Cost With Mortgage:
$2,900
House Owner Cost Without Mortgage:
$820
State Taxes:
Low:
0%
|
High:
2%
Cost Of Living Index:
128.0
Grocery:
104.5
Housing:
156.7
Utilities:
93.9
Transportation:
101.2
Health Care:
95.0
Miscellaneous:
99.5
Crime
Is Franklin, TN a safe place to live?
Franklin enjoys a low violent crime rate of 110 incidents per 100,000 residents and a property crime rate of 1,150 per 100,000, meaning residents have a 1 in 910 chance of experiencing violent crime. These figures make Franklin one of the safer communities in the region. Peace of mind and community safety are notable advantages for those moving here.
Violent Crimes Per 100k:
110
Property Crimes Per 100k:
1,150
Crime Index:
1,260
Chance Of Violent Crime:
1 in 910
Chance Of Property Crime:
1 in 87
Weather
What is the weather like in Franklin, TN year-round?
Franklin experiences mild winters with lows around 28°F and warm summers reaching up to 89°F. The city enjoys about 58% sunny days and receives approximately 54 inches of rainfall annually, offering a pleasant climate with distinct but moderate seasons. Outdoor activities can be enjoyed year-round thanks to the comfortable weather.
Winter
Min:
28°F
Max:
48°F
Spring
Min:
46°F
Max:
73°F
Summer
Min:
67°F
Max:
89°F
Fall
Min:
48°F
Max:
73°F
Average Rainfall Inches:
54 inches
Sunny Days Percentage:
58%
Neighbors
Franklin's residents have a strong economic profile, with a median household income of $111,500 and a low poverty rate of 4.7%. Most neighbors are highly educated—over 62% hold a bachelor's degree or higher—and unemployment is notably low at 2.8%. The community is family-oriented, with an average commute time of 26 minutes and limited reliance on public transportation.
Median Income:
$60,200
Household Income:
$111,500
Family Income:
$128,400
Per Capita Income:
$54,700
Income Male:
$68,000
Income Female:
$54,200
Poverty Rate:
4.7%
Non English Speakers:
8.4%
Rent:
$1,900
Unemployment Rate:
2.8%
Public Transport Usage:
0.7%
Commute Time:
26.4 minutes
Education
High School or Higher:
97.1%
Bachelors or More:
62.6%
Education
How are the schools in Franklin, TN?
Franklin is recognized for its excellent educational opportunities, featuring top-rated public schools like Franklin High School and several private school options. The city’s proximity to higher education institutions such as Columbia State Community College and Belmont University adds to its appeal for families and lifelong learners. High educational attainment among residents contributes to the community's strong reputation.
Public Schools
Name:
Franklin High School
Street:
810 Hillsboro Rd
Phone:
615-472-4450
Students:
1,800
Student Teacher Ratio:
18:1
Name:
Poplar Grove Elementary School
Street:
2959 Del Rio Pike
Phone:
615-472-4180
Students:
650
Student Teacher Ratio:
15:1
Private Schools
Name:
Battle Ground Academy
Street:
336 Ernest Rice Ln
Phone:
615-794-3501
Students:
1,200
Colleges
Name:
Columbia State Community College - Williamson Campus
City:
Franklin
State:
TN
Distance:
0 miles
Students:
2,800
Name:
Belmont University
City:
Nashville
State:
TN
Distance:
19 miles
Students:
8,200
Healthcare
Franklin offers excellent healthcare access, with major facilities like Williamson Medical Center providing comprehensive services and a high ratio of 3.1 physicians per 1,000 residents. Health insurance coverage is widespread at 94.6%, ensuring most residents can easily access medical care. The city’s healthcare index of 79.2 highlights its commitment to resident well-being.
Major Hospitals
Name:
Williamson Medical Center
Address:
4321 Carothers Pkwy, Franklin, TN 37067
Phone:
(615) 435-5000
Type:
General & Surgical
Emergency Services:
Yes
Name:
Vanderbilt Health Clinic at Franklin
Address:
2105 Edward Curd Ln, Franklin, TN 37067
Phone:
(615) 791-7250
Type:
Specialty & Outpatient
Emergency Services:
No
Physicians Per 1000:
3.1
Health Insurance Coverage:
94.6%
Health Care Index:
79.2
Housing Market
What is the housing market like in Franklin, TN?
Franklin's housing market is robust, with a median home price of $795,000 and a high owner-occupancy rate of 70%. Rentals average $1,900 for a two-bedroom, and the area boasts low foreclosure and vacancy rates, reflecting strong demand and stability. Home values have appreciated by 7.4% in the past year, making it a sought-after community for buyers and investors.
Median Home Price:
$795,000
Average Rent For 2 Bedroom:
$1,900
Owner Occupied Rate:
70.4%
Rental Vacancy Rate:
4.2%
Home Appreciation Rate (1yr):
7.4%
New Construction Rate:
2.4%
Foreclosure Rate:
0.3%
DMV Information
Residents can access driver and vehicle services locally through the Tennessee Department of Safety & Homeland Security at 3830 Carothers Pkwy. The Franklin DMV provides comprehensive services, including licensing and registration, with information available via the state’s website or by calling 1-866-849-3548. This convenient location supports the city’s car-friendly lifestyle.
State:
Tennessee
Department:
Tennessee Department of Safety & Homeland Security
Address:
3830 Carothers Pkwy, Franklin, TN 37067
Phone:
1-866-849-3548
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.