City profile · Tennessee · Census ACS 2023

Franklin, TN

Population, income, housing, safety, climate and schools for Franklin - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

85,575
Residents
$115,000
Median income
$646,300
Median home
$1,730
Median rent (state)

Franklin - the verdict

Out of every US city with 1,000+ residents, Franklin places in the 85th percentile for household income and the 61st percentile for safety. Source: Census ACS + FBI UCR.

85th
percentile, household income
91st
percentile, home value
70th
percentile, median rent
61st
percentile, safety
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Franklin, TN

Tennessee's Franklin is a small city, with 85,575 residents per the latest Census Bureau ACS figures. Median household income here is $115,000 per year, placing it in the top quartile of U.S. cities for household income, with a poverty rate of 3.0%. Typical homes in Franklin are valued around $646,300, and the median resident age is 37.8 years. Educational attainment runs 64.3% of adults with a bachelor's degree or higher. Separately, 67.9% of working-age residents are in the labor force.

In 2024, 945 residential building permits were authorized in Franklin (Slowing), down 14% from five years earlier, per Census BPS data. Franklin reports a comparatively low crime rate: the FBI's Uniform Crime Reporting program logs 1074.6 total incidents per 100,000 residents here, below the national average (agency reporting is voluntary, so this measures reporting activity, not a definitive danger score).

Living costs in Tennessee run below the national norm: the state registers 91.9 on a 100-equals-national-average index (Well Below Average) per BEA Regional Price Parities 2024. A typical two-bedroom carries a HUD Fair Market Rent of $1,730 per month statewide. Monthly utility costs average around $218 across Tennessee, per EIA 2023 residential energy estimates. On FEMA's National Risk Index, this area rates 85.1 out of 100 for natural-hazard exposure (Very High).

Population

85,575 residents

Census ACS 2023 - Tennessee

Median Household Income

$115,000 /yr

Poverty 3.0%

Cost of Living Index (state)

91.9 (US=100)

Well Below Average - BEA RPP 2024, Tennessee average

How does Franklin compare to other US cities?

Here's how Franklin stacks up against the full field of US cities (population 1,000+), computed live from Census and FBI data.

Household income 85% higher than other cities
Home value 91% pricier than other cities
Median rent 70% pricier than other cities
Safety 61% safer than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

National percentiles can mask local variation. Looking only at Tennessee, Franklin ranks #58 of 174 Tennessee cities by lowest crime rate - a narrower, more locally useful cut than the national comparison above.

How we calculate these percentiles & ranks

For each metric we count every US city with population 1,000+ and a non-null value, then compute what share of them fall below Franklin's value: round(cities-below ÷ total × 100). Safety is inverted (percentile = share of cities with a higher crime rate) so a higher number always means safer. The in-state rank narrows that same crime-rate comparison to only the cities PlainCities tracks in Tennessee, breaking ties alphabetically. See the methodology page for the full source-to-figure lineage.

85thIncome percentile
61stSafety percentile

85th percentile nationally for median household income · 61st percentile for safety (lower crime rate). Source: Census ACS 2023 / FBI UCR 2023.

Franklin's profile vs. every US city

Income, affordability, and safety percentile

Franklin's percentile rank on 3 favorable-direction measures (income, affordability, safety) vs. every tracked US city -- higher on every axis is more favorable. Not a composite quality score, just the arithmetic mean of the axes shown. 3-axis radar comparing 1 series across Income, Affordability, Safety. IncomeAffordabilitySafety 55 Avg. percentile National median
Franklin's percentile rank on 3 favorable-direction measures (income, affordability, safety) vs. every tracked US city -- higher on every axis is more favorable. Not a composite quality score, just the arithmetic mean of the axes shown.

How Franklin's home value compares nationally

Median home value vs. every US city (population 1,000+)

$646,300 9th percentile more affordable than 9% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). Below this entry. $100,000–$125,000: 1,516 US cities (10%). Below this entry. $125,000–$150,000: 1,170 US cities (8%). Below this entry. $150,000–$175,000: 1,278 US cities (8%). Below this entry. $175,000–$200,000: 1,229 US cities (8%). Below this entry. $200,000–$225,000: 1,035 US cities (7%). Below this entry. $225,000–$250,000: 976 US cities (6%). Below this entry. $250,000–$275,000: 754 US cities (5%). Below this entry. $275,000–$300,000: 712 US cities (5%). Below this entry. $300,000–$325,000: 521 US cities (3%). Below this entry. $325,000–$350,000: 526 US cities (3%). Below this entry. $350,000–$375,000: 465 US cities (3%). Below this entry. $375,000–$400,000: 393 US cities (3%). Below this entry. $400,000–$425,000: 317 US cities (2%). Below this entry. $425,000–$450,000: 300 US cities (2%). Below this entry. $450,000–$475,000: 307 US cities (2%). Below this entry. $475,000–$500,000: 250 US cities (2%). Below this entry. $500,000–$525,000: 160 US cities (1%). Below this entry. $525,000–$550,000: 156 US cities (1%). Below this entry. $550,000–$575,000: 172 US cities (1%). Below this entry. $575,000–$600,000: 172 US cities (1%). Below this entry. $600,000–$625,000: 163 US cities (1%). Below this entry. $625,000–$650,000: 167 US cities (1%). This entry sits in this band. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Franklin $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Franklin, TN Franklin, TN's reported median household income shown against the U.S. national quintile-share pattern (not Franklin, TN-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Franklin, TN median $115,000/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Franklin, TN's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Franklin, TN. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 64.3%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 3.0%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 67.9%

Census ACS S2301, share of working-age residents in the labor force

Population
85,575
Median Income
$115,000
Median Home Value
$646,300
Median Age
37.8
Poverty Rate
3.0%
Labor force participation
67.9%
Bachelor's Degree+
64.3%

Safety & Crime

Total Crime Rate
1074.6
per 100,000 residents
Violent Crime
132.1
per 100,000 residents
Property Crime
942.5
per 100,000 residents

Reflects incidents reported to the FBI's Uniform Crime Reporting program — agency participation is voluntary and reporting completeness varies by jurisdiction and year, so this reflects reporting activity, not a definitive danger score. Not adjusted for tourism, commuter, or daytime population.

Schools

Total Schools
25
Public schools in this city

Population Change

Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025

See the fastest-growing cities →
82,000 residents84,000 residents86,000 residents88,000 residents90,000 residents92,000 residents 202020212022202320242025 84,159 residents 90,226 residents ▲ +7.2%
Franklin's Census PEP population estimates, 2020–2025.

Housing Supply

Census Bureau Building Permits Survey (BPS) - annual residential permits authorized

🏗️ Slowing
Total Permits (2024)
945
housing units authorized
Single-Family
407
detached homes
Multifamily
538
apartments & condos
Supply Intensity
11
permits per 1,000 residents

5-Year Permit Trend (2019–2024)

Year Total
2019 1,099
2020 923
2021 1,180
2022 839
2023 306
2024 945

Permit volume decreased 14% from 2019 to 2024.

Commute Patterns

How workers travel to work, Census ACS 2023

Drive Alone
63.6%
Carpool
5.4%
Public Transit
0.1%
Walk
1.1%
Work from Home
28.2%
Other
1.6%

Based on 44,972 workers 16 and over.

Monthly Utility Costs

State-average estimates for Tennessee - EIA 2023 residential energy data

Electricity
$120
avg/month
Natural Gas
$58
avg/month
Water & Sewer
$40
avg/month
Total Utilities
$218
estimated/month

Estimates reflect Tennessee state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Tennessee state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Franklin sits in

Cost of Living Index
91.9
Well Below Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$1,730/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
85.1 / 100
Very High
FEMA NRI composite score (county)

Similar Cities in Tennessee

Johnson City
71,455 people
Jackson
68,098 people
Hendersonville
62,390 people
Bartlett
56,998 people
Kingsport
55,807 people
Smyrna
55,066 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Franklin's 85,575 residents (Census ACS 5-Year 2023).

Sioux City, IA
85,651 people
Auburn, WA
85,455 people
Melbourne, FL
85,718 people
San Ramon, CA
85,734 people
Medford, OR
85,794 people
Lake Forest, CA
85,846 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Franklin's $115,000 (Census ACS 5-Year 2023, table B19013).

Menominee, IL
$115,000 median income
Grand Beach, MI
$115,000 median income
Shoal Creek Estates, MO
$115,000 median income
Bainville, MT
$115,000 median income
Cross Roads, TX
$115,000 median income
Soquel, CA
$114,991 median income

Race & Ethnicity Composition

Race and ethnicity - Franklin, TN Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Franklin, TN - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 75.8% 9.0% 7.9% ETHNICITY, Hispanic or Latino (any race) 7.3% White 75.8% Black or African American 5.8% Asian 9.0% American Indian 0.3% Native Hawaiian 0.0% Some other race 1.3% Two or more races 7.9% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Franklin compares to nearby Tennessee cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Franklin (this city) 85,575 $115,000
Johnson City 71,455 $55,429
Jackson 68,098 $51,552
Hendersonville 62,390 $91,503
Census ACS 5-year FIPS TN FBI UCR NCES CCD Census BPS 2024 OMB Bulletin 23-01

What do people ask about Franklin, TN?

What is the population of Franklin, TN? +

Franklin, TN has a population of 85,575 according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Franklin, TN? +

Median annual household income in Franklin runs $115,000, based on Census ACS 2023 data.

What is the cost of living in Franklin? +

BEA does not publish a city-level cost-of-living figure for Franklin; the closest available measure is the Tennessee state average, a cost of living index of 91.9 (U.S. average = 100), rated "Well Below Average" based on BEA Regional Price Parities 2024 data. Costs within Tennessee vary by metro area.

Is Franklin, TN safe? +

Franklin has a total crime rate of 1074.6 per 100,000 residents, which is below the national average. This reflects incidents reported to the FBI UCR program, not a definitive safety score -- agency reporting is voluntary and completeness varies by jurisdiction.

What is the median home value in Franklin, TN? +

Homes in Franklin carry a median value of $646,300, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, FBI UCR, NCES CCD, Census BPS 2024, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Read our methodology - how this data is sourced, computed, and verified.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities Editorial

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.