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AREA INFORMATION

Franklin, TN

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Area Highlights

Franklin, TN residents have a median age of 39.5 years old, with employment highest in the administrative support and sales industries.

87,873 Population

The population has increased by 5.3% since the year 2010.

35,748 Households

$106,941 /yr
Median Household Income

$752,607
Median Home Sale Price

20m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

39.5 Median Age

Average Household Size

2.4
persons per
household

59.5%

Married Households

Community Population By Education

Bachelors Degree 40%
Graduate Degree 24%
Some College 14%
High School Graduate 11%
Associates Degree 6%
Some High School 5%

Household Family Expenses vs National Average

33.8% of households have children

Economics

$106,941 /yr
Median Household Income
$752,607
Median Sales Price
20 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 76%
  • Work from Home 22%
  • Walk or Bike 2%
  • Public Transit 0%

Occupancy by Type

Owned 24,342 65%
Rented 11,406 30%
Vacant 1,859 5%

White vs Blue Collar Jobs







White Collar 91%
Blue Collar 9%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

Community Population By Ethnicity

White 76%
Hispanic 8%
Asian 7%
Black 5%
Other 4%
Native American <1%

Crime & Pollution

Crime vs National Average

Pollution vs National Average

Weather

89° July
Hottest Average Month
28° January
Coldest Average Month

Severe Weather

Average Temperature by Month

Low (°F)
High (°F)
Jan
28°
48°
Feb
31°
52°
Mar
38°
61°
Apr
46°
71°
May
55°
79°
Jun
63°
86°
Jul
67°
89°
Aug
65°
89°
Sep
58°
83°
Oct
46°
73°
Nov
37°
61°
Dec
31°
51°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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