Cost Of Living
The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
Housing
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Health & Safety
Achieving a high health and safety score relies on factors including great air quality and convenient access to vital health facilities such as hospitals, doctors, clinics and police stations.
Ratings
Locals express favorable opinions about the proximity of everyday local amenities, parks, public transit, neighborly atmosphere, strong sense of community and the general safety of the area.
Amenities
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Crime
This area exhibits elevated crime rates per 100,000 residents, which may suggest it's a potentially unsafe place to reside. These rates encompass both property and violent crimes.
Employment
Low income levels and high unemployment rates results in a low score in the employment category. It could prove difficult to find well-paying employment in this area.
Franklin is a small city located in the state of Louisiana. The city has a population of 6,844 inhabitants. Individuals of White (39%) and Black or African American (58%) backgrounds make up a significant portion of the population of the city. All the single ladies and all the single fellas might want to take notice as only 45% of the Franklin population is married. If you prefer shorter commutes, living in Franklin will be a delight. With an average one-way commute time of just 18 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
Without the right tools, relocating to any new city can be very stressful and challenging. Living in Franklin, Louisiana could be a positive experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Finding the best places to live in Franklin and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, cost of living, commute, health & safety, housing and other important metrics.
Using data and statistics Franklin has received a livability score of 64/100. This score is ranked in the 58th percentile when compared to all other cities. Based on the scores for each individual category, Franklin has been rewarded with high marks for education (B-) and housing (B+). The bad news for Franklin, there are some categories for which it does not score well, this includes: amenities (F), crime (F) and employment (F).
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Franklin market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Franklin real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Franklin. The median home price for Franklin homes is $80,000, which is 46.1% lower than the Louisiana average. If we take a closer look at the affordability of homes in Franklin, we’ll see that the home price to income ratio is 2, which is 39.4% lower than the Louisiana average.
| Statistic | Franklin | Louisiana | National |
| Average one way commute | 18min | 25min | 26min |
| Workers who drive to work | 91.3% | 82.6% | 76.4% |
| Workers who carpool | 3.8% | 9.6% | 9.3% |
| Workers who take public transit | 0.0% | 1.3% | 5.1% |
| Workers who bicycle | 0.2% | 0.5% | 0.6% |
| Workers who walk | 2.4% | 1.8% | 2.8% |
| Working from home | 2.3% | 2.6% | 4.6% |
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