Is Franklin, Wisconsin a Good Place To Live? - Living In Franklin, WI

Is Franklin, Wisconsin a good place to live?
Franklin is a city in Wisconsin state in USA with a population of 36013 residents.. The poverty rate of Franklin is 4.7%, which is 66% lower than national average. The typical household in Franklin earns $81321 a year, compared to the national median of $67,500. Nearly 30.2% 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 95% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Franklin remained 4.3%, which is 9% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Franklin, only 41% of adults have a bachelor's degree and 27% have some college but no degree.

Cost of living in Franklin is 104, which is 4% higher than national average. Median home value in Franklin is $262200 , which is 14% higher than national average. While median income in Franklin remained $81321, which is 20% 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.
Population
36013
Unemployment
4.3%
9% NAT AVG.
Poverty
4.7%
66% NAT AVG.
Overall Score
7
Median Home Cost
$262200
14% NAT AVG.
Median Income
$81321
20% NAT AVG.
Median Rent
$1095
6% NAT AVG.
Cost Of Living
104
4% NAT AVG.
People Living BPL
1 in 21
Unemployed People
1 in 23
People Earning < $10,000
1 in 31
People Earning < $50,000
30.2%
People with <= High School
1 in 3.1
People With Any Degree
1 in 2
Pros & Cons Overview

Jobs80%

Housing85%

Affordability80%

Safety80%

Amenities80%

Diversity80%

Education85%

Commute70%