Franklin is a city in Tennessee state in USA with a population of 80675 residents.. The poverty rate of Franklin is 7.1%, which is 49% lower than national average. The typical household in Franklin earns $100169 a year, compared to the national median of $67,500. Nearly 23.8% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Franklin, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Franklin remained 3.1%, which is 34% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Franklin, only 63% of adults have a bachelor's degree and 21% have some college but no degree.

Cost of living in Franklin is 118, which is 18% higher than national average. Median home value in Franklin is $438800 , which is 91% higher than national average. While median income in Franklin remained $100169, which is 48% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.