Franklin
Franklin town, North Carolina
Nestled in the heart of the Appalachian Mountains, Franklin, North Carolina, offers a truly unique blend of small-town charm and stunning natural beauty. Imagine a place where your housing dollar stretches significantly further; here, the median home value hovers around $164,900, a stark contrast to the national average of about $350,000. This affordability, coupled with a close-knit community of just over 4,000 residents, fosters a relaxed, friendly atmosphere. It's a place where you can breathe in the crisp mountain air, explore scenic trails, and enjoy a slower pace of life, all while being surrounded by breathtaking vistas.
From an investment perspective, Franklin presents a compelling case. While the median household income of $38,947 is below the national average, the lower cost of living more than compensates for it. The town offers a safe environment, with crime rates significantly lower than in many other parts of the country. This makes Franklin an ideal location for those seeking a peaceful retirement, a family-friendly environment, or simply a respite from the hustle and bustle of city life. The housing market is stable and offers opportunities for both first-time homebuyers and seasoned investors looking for value and long-term appreciation in a picturesque setting.
Franklin, North Carolina at a Glance
Franklin is a city in Franklin town, North Carolina with a population of approximately 4,184. The median home value is $164,900 and the median household income is $38,947.. The violent crime rate is 1.6 per 1,000 residents, which is 56% below the national average.. Median rent is $824 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$164,900
Median Income
$38,947
Population
4,184
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Excellent
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- Population
- 4,184
- Median Age
- N/A
- Median Household Income
- $38,947
48% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 22.9%
85% above nat'l avg
- Median Home Value
- $164,900
42% below nat'l avg
- Median Rent
- $824
29% below nat'l avg
- Homeownership Rate
- 57.0%
14% below nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 1.6 per 1K
56% below nat'l avg
- Property Crime Rate
- 9.4 per 1K
51% below nat'l avg
- AQI
- N/A
- Category
- N/A
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- 3.7%
Near nat'l avg
- Poverty Rate
- 22.9%
85% above nat'l avg
Political Landscape
→ Politically stable
Based on Randolph County county-level presidential election data
Culture & Things to Do in Franklin
Franklin Folk Festival
A celebration of traditional Appalachian music and culture.
Macon County Gemboree
An annual gem and mineral show and sale, drawing collectors from all over.
Scottish Tartans Festival
A festival celebrating Scottish heritage with music, dance, and cultural displays.
Smoky Mountain Quilters of Franklin Quilt Show
An annual quilt show featuring a variety of quilts and quilting techniques.
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