Franklin, TN
REAL ESTATE & DEMOGRAPHIC DATA





Franklin profile


Living in Franklin


Franklin is a larger medium-sized city located in the state of Tennessee. With a population of 83,097 people and 18 constituent neighborhoods, Franklin is the ninth largest community in Tennessee.

Franklin home prices are not only among the most expensive in Tennessee, but Franklin real estate also consistently ranks among the most expensive in America.

Franklin is a decidedly white-collar city, with fully 91.14% of the workforce employed in white-collar jobs, well above the national average. Overall, Franklin is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Franklin who work in management occupations (16.40%), sales jobs (12.23%), and office and administrative support (10.04%).

Also of interest is that Franklin has more people living here who work in computers and math than 95% of the places in the US.

Of important note, Franklin is also a city of artists. Franklin has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Franklin’s character.

A relatively large number of people in Franklin telecommute to their jobs. Overall, about 10.13% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Franklin is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Franklin’s overall crime rate is lower than average for the country.

Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Franklin. 61.49% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.

The per capita income in Franklin in 2018 was $48,318, which is wealthy relative to Tennessee and the nation. This equates to an annual income of $193,272 for a family of four. However, Franklin contains both very wealthy and poor people as well.

Franklin is a very ethnically-diverse city. The people who call Franklin home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Franklin residents report their race to be White, followed by Asian. Important ancestries of people in Franklin include German, English, Irish, Italian, and European.

The most common language spoken in Franklin is English. Other important languages spoken here include Spanish and Langs. of India.