Franklin at a Glance
Population
8,194
Median Home Value
$197,900
Nat'l avg: $281,900
Median Rent
$925
Nat'l avg: $1,163
Median Income
$57,537
Nat'l avg: $74,580
Violent Crime
1.4 per 1K
Nat'l avg: 3.6 per 1K
Walk Score
0/100
Car-Dependent
Air Quality
AQI 40
Good
Climate Risk
Relatively Moderate
Score: 71.58
Explore Franklin
Dive deeper into Franklin with specialized neighborhood guides and rankings.
Best Neighborhoods
Top-rated neighborhoods in Franklin ranked by Kurby Score
Affordable Neighborhoods
Most budget-friendly areas to live in Franklin
Up & Coming Neighborhoods
Emerging neighborhoods with growth potential in Franklin
Young Professionals
Best neighborhoods for career starters in Franklin
Retiree Neighborhoods
Best neighborhoods for retirees in Franklin
Living In Guide
Complete guide to life in Franklin — cost, safety, schools & more
All Neighborhoods
Browse every neighborhood in Franklin with detailed data
About Franklin
Franklin, Virginia, offers a refreshingly accessible lifestyle, especially for those seeking an escape from the escalating costs of urban living. With a population just over 8,000, this charming town presents a close-knit community atmosphere, where the pace of life is decidedly more relaxed. The real draw, however, is the remarkable affordability. Median home values hover around $197,900, significantly below the national average, making homeownership a realistic goal for many. This affordability extends to the overall cost of living, allowing residents to enjoy a comfortable lifestyle without the financial strain often associated with larger cities. From an investment and lifestyle perspective, Franklin is ideally suited for first-time homebuyers, retirees, or anyone seeking a quieter life. While the median household income is around $57,537, the low cost of housing stretches budgets further than in many other locations. The town’s focus is on community, making it a safe place to settle down. While specific unemployment figures are unavailable, the town’s economy is stable, the housing market presents opportunities for those looking to invest in a market with a solid foundation.