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Population Review

What is the cost of living in Franklin city, TN?

In Franklin city, TN: median home value $646,300, median rent $1,861/month, median household income $115,000, per Census ACS 5-Year estimates.

Context

Housing is the single largest expense for most households, so housing costs are the best ACS-derived proxy for cost of living. Comparing housing costs to the local median income shows how affordable Franklin city actually is for residents.

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In Franklin city, TN: median home value $646,300, median rent $1,861/month, median household income $115,000, per Census ACS 5-Year estimates.