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
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
National Average: Violent crime 3.7 per 1K, Property crime 17.5 per 1K
Car-Dependent
0
53
Student Demographics
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.