Franklin is a larger medium-sized city located in the state of Tennessee. With a population of 86,895 people and 21 constituent neighborhoods, Franklin is the seventh largest community in Tennessee. There's nothing like the smell of a brand new house, and in Franklin, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Franklin, and putting down their money on brand new construction. Franklin’s real estate is, on average, some of the newest in the nation. Franklin does seem to be experiencing an influx of affluent people, because the median household income is $102,721.00.
Franklin home prices are not only among the most expensive in Tennessee, but Franklin real estate also consistently ranks among the most expensive in America.
Also of interest is that Franklin has more people living here who work in computers and math than 95% of the places in the US.
Of important note, Franklin is also a city of artists. Franklin has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Franklin’s character.
A relatively large number of people in Franklin telecommute to their jobs. Overall, about 20.69% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
One thing that you will notice about Franklin is that there is a good-sized population of people who are young, single, educated, and upwardly-mobile career starters. Many singles consider Franklin a good place to live without being in a really big city, with opportunities for friendships and fun with others like themselves.
Do you like to read, write and learn? If you move to Franklin, you'll likely find that many of your neighbors like to as well. Franklin is one of the more educated communities in America, with a full 64.35% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Franklin in 2018 was $51,811, which is wealthy relative to Tennessee and the nation. This equates to an annual income of $207,244 for a family of four.
Franklin is a very ethnically-diverse city. The people who call Franklin home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Franklin residents report their race to be White, followed by Asian. Important ancestries of people in Franklin include English, German, Irish, Italian, and Scottish.
The most common language spoken in Franklin is English. Other important languages spoken here include Spanish and Langs. of India.