Skip to content
ZipNumbers

Tennessee · Census place 27740

Franklin city, TN

Quick answer

Franklin city has 85,575 residents, ranking #7 of 504 places in Tennessee. Median household income is $115,000, the median home is worth $646,300 and median gross rent runs $1,861 a month.

Population
85,575Franklin city residents
Median household income
$115,000Past 12 months, inflation adjusted
Median home value
$646,300Owner-occupied units
Median gross rent
$1,861Rent plus utilities, monthly
Median age
37.8 yrsAll residents
Homeownership rate
64.3%Owner-occupied households

What the numbers mean in Franklin city

Housing cost measured against local earnings.

A household earning the Franklin city median would spend about 19.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 5.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.8% of residents and 64.3% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Compare with nearby places

Places of similar size in Tennessee.

More Tennessee coverage.