Franklin, TN Overview

Blending suburban neighborhoods with gracious country manors and the quaint charm of a Southern atmosphere, Franklin serves as the county seat.  Commuters to Nashville can look forward to an easy 30-minute drive, although the corporations in Brentwood are even closer to home.  With the focal point of a restored downtown square with beautiful century-old homes, delightful antique shops and commercial developments, Franklin represents one of the region’s strongest magnets for tourism.  Historic sites, famous battlefields, and plantation homes join gardens and lush greenery to create a picture-perfect setting.  The business and residential community of Cool Springs contrasts new commercial construction and advanced technology companies with Franklin’s charm.

Summary

Population Growth (since 2000)65%
Population Density (ppl / mile)1,941.00
Household Size (ppl)2.573
Households w/ Children34%

Housing Stability

Annual Residential Turnover0%
5+ Years in Residency30%
Median Year in Residency3.05

Housing Inventory

Franklin, TN Housing Inventory 1,7068,82321,83121,8311,7068,82321,831

Market Overview

952 listings with an estimated median price of $1,190,754

PriceCount
$0 - 100K1
$100K - 200K1
$200K - 300K12
$300K - 400K27
$400K - 500K42
$500K - 600K43
$600K - 700K54
$700K - 800K100
$800K - 900K71
$900K - 1M66
$1M - Max535
Property TypeCount
Single Family651
Townhouse115
Commercial30
Rental129
Lots and Land128
Multi Family3
Farms25

(Data as of 9/23/2024)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Franklin, TN Population Demographics

Total: 79,672

Households:30,654

Median Age: 39.79

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Franklin, TN Temperature

Weather Risk

Franklin, TN Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Franklin, TN Education Climate Index

Highest Education Level Attained

Franklin, TN Highest Education Level Attained 7,5148,6923,0391,4581,21811,04419,5907,5148,6923,0391,4581,21811,044

Employment and Finance

Workforce

Franklin, TN Workforce

Income by dollar range (Median Income: $91,167)

Franklin, TN Income by dollar range 8155838271,1081,0368539549141,0131,7462,5414,3693,3843,0034,7341,552667555

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$700
One Bedroom
$780
Two Bedroom
$959
Three Bedroom
$1,274
Four Bedroom
$1,503

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
No
Restaurants
No
Bars
No

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

Franklin, TN Crime

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