New: Get Kurby insights right inside Zillow, Trulia, and Redfin

    Add to Chrome
    logo
    F

    Franklin

    Franklin city, Indiana

    Affordable
    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.

    Franklin, Indiana at a Glance

    Franklin is a city in Franklin city, Indiana with a population of approximately 26,073. The median home value is $195,100 and the median household income is $72,344. It has a Walk Score of 47 out of 100, indicating car dependency. The violent crime rate is 0.0 per 1,000 residents, which is 100% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively High." Median rent is $1,013 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.

    Median Home Value

    $195,100

    Median Income

    $72,344

    Population

    26,073

    Walk Score

    47

    Air Quality

    AQI 44

    Good

    Climate Risk

    Relatively High

    Kurby Score
    60
    B

    Good

    Walkability & Transit33/100
    Affordability81/100
    Safety95/100
    Education32/100
    Economy66/100
    Environment36/100

    Are you a real estate agent in Franklin?

    Thousands of homebuyers research this neighborhood every month. Make sure they find you.

    Get discovered

    Your profile shown to every visitor

    Generate leads

    Direct calls, emails & website clicks

    Build authority

    Branded reports & local expert badge

    Claim this neighborhood

    Available on Pro & Enterprise plans

    Demographics
    Population
    26,073
    Median Age
    N/A
    Median Household Income
    $72,344

    3% below nat'l avg

    Bachelor's Degree+
    N/A
    Poverty Rate
    11.2%

    10% below nat'l avg

    Housing
    Median Home Value
    $195,100

    31% below nat'l avg

    Median Rent
    $1,013

    13% below nat'l avg

    Homeownership Rate
    35.0%

    47% below nat'l avg

    Affordability Index
    159

    59% above nat'l avg

    Safety
    Violent Crime Rate
    N/A
    Property Crime Rate
    0.1 per 1K

    99% below nat'l avg

    Livability
    Walk Score
    47 / 100

    Near nat'l avg

    Transit Score
    0 / 100

    100% below nat'l avg

    Bike Score
    53 / 100

    66% above nat'l avg

    Want a detailed report for a specific address in Franklin?

    Air Quality
    AQI
    44

    5% above nat'l avg

    Category
    Good
    GoodModerateUnhealthy
    Climate Risk
    Overall Risk
    Relatively High
    Risk Score
    84.70

    Top Hazards

    Inland Flooding
    Relatively High
    Heat Wave
    Relatively High
    Cold Wave
    Relatively High
    Noise Levels
    Overall
    Quiet
    Road Traffic
    N/A
    Aviation
    N/A
    Rail
    N/A
    Utility Costs
    Electricity Rate
    14.6¢/kWh

    12% below nat'l avg

    Est. Monthly Electric
    $131

    4% below nat'l avg

    Nearby Schools
    Total Schools
    44
    Elementary
    27
    Middle
    6
    High School
    8
    Avg. Enrollment
    753
    Student-Teacher Ratio
    17.3:1
    Free/Reduced Lunch
    64.8%
    Title I Schools
    0%
    Charter Schools
    15.9%

    Student Demographics

    Nearby Schools

    IN Math & Science AcademyElementary · 539 students
    Indiana Connections AcademyOther · 5784 students
    Enlace AcademyElementary · 658 students
    Excel Center - Lafayette SquareHigh · 347 students
    Riverside High SchoolHigh · 409 students
    Indiana Connections Career AcademyHigh · 745 students
    Carl Wilde School 79Elementary · 598 students
    Cold Spring SchoolElementary · 376 students
    Ernie Pyle School 90Elementary · 274 students
    Jonathan Jennings School 109Elementary · 289 students
    Employment
    Unemployment Rate
    4.7%

    27% above nat'l avg

    Poverty Rate
    11.2%

    10% below nat'l avg

    Weather & Climate in Franklin

    Avg High

    63°F

    Avg Low

    46°F

    Annual Rainfall

    43"

    Avg Humidity

    70%

    Monthly Temperature (°F)
    Monthly Precipitation (inches)

    Political Landscape

    Political Leaning
    Strongly Democratic
    DemocratRepublican

    → Politically stable

    Based on Marion County county-level presidential election data

    Presidential Election Results

    Culture & Things to Do in Franklin

    Attractions & Landmarks
    🏛️Johnson County Museum of History(museum)
    🌳Province Park(park)
    🎭The Historic Artcraft Theatre(theater)
    🌳Youngs Creek Park(park)
    📜Johnson County Courthouse(historic)
    📜Franklin College(historic)
    Local Events & Festivals

    Franklin Fall Festival

    Annual festival featuring arts, crafts, food vendors, and live entertainment.

    Strawberry Festival

    A community celebration with strawberries, food, and family activities.

    The Taste of Johnson County

    A food festival showcasing local restaurants and culinary delights.

    Franklin Farmers Market

    A weekly market offering fresh produce and local goods.

    Things to Know Before Moving

    Similar Cities in Indiana

    People Also Compare

    Explore Indiana

    Find Your Perfect Neighborhood

    Tell us what matters most to you and we'll match you with neighborhoods that fit your lifestyle and budget.