Franklin, TN has a population of 70,625, including 82% white, 7% latino, and 6% black.
|Median Income (Household)||$88,961|
|Number Of Employees||35,285|
|Median Property Value||$342,900|
The median household income in Franklin, TN is around $88,961, while the median age is 37.5. This city is a home to major universities: Special Focus Four-Year: Arts, Music & Design Schools, O'More College of Design, and Special Focus Institutions. 35,285 employees work in Franklin, TN. The homeownership rate among the residents is 66.9%. The median property value that you should keep in mind is $342,900.
Numbers claim that the employment rate in Franklin, TN changed by 4%, so let’s see what are the most common job groups in this area. People of Franklin, TN prefer to work in Management, Sales and Administrative.
Keeping in mind that the employment rate changed by 4% recently, there must be a strong understanding of industries people of Franklin, TN work in. The most common industries are Healthcare & Social Assistance, Professional, Scientific, Tech Services and Retail trade. Please note that not all the residents of Franklin, TN work in the area and may be employed outside of the city. Our data is tagged to their residential address, not the work address.
According to latest census, Franklin, TN is a home for 82% white residents. The second common group is latino with 7% residents. The list of the most common racial or ethnic groups is closed by black with 6% residents.
Past year Franklin, TN universities awarded around 115 degrees. Statistics show that the population of students in Franklin, TN include 10 male students and 36 female students. Franklin, TN offers private and public tuition with a median cost of $28,176 for private four-year colleges and $0 for in-state public four-year colleges. The largest university of this city is the O'More College of Design with the majority of graduates. The Williamson Christian College and n/a hold the second and the third place respectively. The share of the public colleges in Franklin, TN is n/a% and 100% go to the private colleges.
The age groups that most likely have the health care coverage in Franklin, TN are 6-17 years old for men and 6-17 years old for women. Franklin, TN offers a 151 primary care clinician to 1 patient ratio. Data records state that dentists ratio is 77 to 1, speaking of mental health doctors ratio, it’s 131 to 1 resident.
|Primary Care||1 to 151|
|Dentists||1 to 77|
|Mental Health||1 to 131|
|Other||1 to 106|
The workers of Franklin, TN traveled to their offices around 22.16 minutes lately and drove alone to get there. The rest of the residents worked at home and carpooled.
|Rent Price||Feb||vs Last Month|
|1 bed rentals||$1,401||-0.9%|
|2 bed rentals||$1,716||+7.9%|
|3 bed rentals||$2,246||+2.4%|
|4+ bed rentals||$3,261||-0.3%|
|Rent Type Price||Feb||vs Last Month|
Over the Mar 2020, the average rent for an apartment in/near Franklin, TN increased by 0.5% to $1953. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 0.9% to $1401. Pricing for 2-bed apartment also increased by 7.4% and a place of this size will now cost you $1590. 3-bed apartment rent pricing starts at $2194, it increased by 2.3% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 0.3% and made it down to $3270.
The median rent for an apartment in Franklin, TN increased by 2.8% to $1625. Statistics show that house rent price increased by 3.5% this month making it up to $2982. Condos faced an upward trend these days. The median rent for a condo decreased by 2.3%, it’s now available for $1935. The median rent for a loft did not face significant changes this time, it now still goes for $1945. An average room will now go for $804, the median rent price for a room increased by 23.7%.