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.
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.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Franklin, North Carolina is a small-sized city with a population of 4,030 residents. At 91%, the majority of the Franklin population is White; this is followed by 1% Black and 0% Asian. Franklin is considered to be a city with an aging population. The average age of all residents is 49, which is well beyond the United States median age average. If you are not a fan of long commutes, you will enjoy living in Franklin. With an average one way commute time of only 20 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Living in Franklin can be a great experience for anyone relocating to the town. Having said that, in the state of North Carolina, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. With useful information like cost of living, health & safety, education and other key data points, finding the best places to live in Franklin and in the areas around Franklin is a much easier task.
The livability score in Franklin is 70 out of 100 and the city is ranked in the 79th percentile of all cities across America. There are nine total categories that create the livability score. Franklin ranks well for crime (B+) and cost of living (A) Regrettably for Franklin, there are some categories for which it does not score well, this includes: education (D) and employment (D).
When contemplating a move, job prospects often top the list of priorities. In Franklin, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 1.45% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Franklin is real estate affordability. Median real estate prices in Franklin come in at $156,400, which is 0.4% lower than the North Carolina average. The home price to income ratio compares the median home prices to the median household income. In Franklin, the home price to income ratio is 3.9, which is 18.2% higher than the North Carolina average.
| Statistic | Franklin | North Carolina | National |
| Average one way commute | 20min | 24min | 26min |
| Workers who drive to work | 75.2% | 81.1% | 76.4% |
| Workers who carpool | 7.9% | 9.8% | 9.3% |
| Workers who take public transit | 0.6% | 1.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 7.9% | 1.8% | 2.8% |
| Working from home | 3.5% | 4.8% | 4.6% |
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