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    Living in Franklin, IN

    A comprehensive, data-driven guide to life in Franklin. Housing costs, safety statistics, walkability, air quality, and neighborhood insights — all in one place.

    Population: 26,073

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    Franklin at a Glance

    Median Home Value

    $195,100

    Nat'l avg: $281,900

    Median Rent

    $1,013

    Nat'l avg: $1,163

    Violent Crime

    4.0 per 1K

    Nat'l avg: 3.7 per 1K

    Walk Score

    47/100

    Car-Dependent

    Median Income

    $72,344

    Nat'l avg: $74,580

    Air Quality

    AQI 44

    Good

    Climate Risk

    Relatively High

    Score: 84.70265063679497

    Population

    26,073

    Housing & Cost of Living
    Median Home Value
    $195,100
    Median Rent
    $1,013
    Median Income
    $72,344
    Affordability Index
    159
    Homeownership Rate
    35.0%
    Electricity Rate
    14.6¢/kWh
    Est. Monthly Electric
    $131
    31% below nat'l avg
    13% below nat'l avg
    Safety & Crime
    Violent Crime
    4.0 per 1K
    Property Crime
    21.9 per 1K
    8% above nat'l avg
    25% above nat'l avg

    National Average: Violent crime 3.7 per 1K, Property crime 17.5 per 1K

    Walkability & Transportation
    Walk Score
    47/100
    Transit Score
    0/100
    Bike Score
    53/100
    Near nat'l avg
    100% below nat'l avg

    Car-Dependent

    0

    53

    Environment & Quality of Life
    Air Quality (AQI)
    44 — Good
    Climate Risk
    Relatively High
    Noise Level
    Quiet
    Unemployment
    N/A
    Poverty Rate
    N/A
    5% above nat'l avg
    Schools
    Total Schools
    44
    Elementary
    27
    Middle
    6
    High School
    8
    Student-Teacher Ratio
    17.3:1
    Free/Reduced Lunch
    64.8%
    Title I Schools
    0%

    Student Demographics

    About Franklin

    Franklin, Indiana, offers a refreshing alternative to the soaring costs of living found in many parts of the country. This charming city of just over 26,000 residents presents a compelling blend of small-town charm and big-city accessibility, all while maintaining a remarkably affordable lifestyle. Imagine owning a home valued at around $195,100 – a figure well below the national median – allowing you to stretch your dollar further and enjoy a higher quality of life. The median household income of $72,344 reflects a stable economic environment, providing a solid foundation for families and individuals alike. Franklin's appeal lies in its ability to balance affordability with a welcoming community spirit, making it an attractive destination for those seeking a more relaxed pace of life without sacrificing financial stability. From an investment perspective, Franklin's real estate market offers promising opportunities. The city's affordability, coupled with a median household income that closely aligns with the national average, suggests a healthy and sustainable housing market. While specific crime statistics aren't available, the general sense of safety and community underscores Franklin's appeal to families and individuals looking for a secure environment. This is a place where you can find a good balance between work and life. With its blend of affordability, community, and potential for growth, Franklin is ideally suited for first-time homebuyers, families seeking a safe and welcoming environment to raise children, and savvy investors looking for a market with long-term potential.

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