Is Franklin, AL a Good Place to Live?
Franklin is a small town of 773 in Alabama, with a median household income of $81,103 and a 21.7% unemployment rate. Its cost of living index is 84 (US average = 100), which is 16% below the national average.
Strengths: Franklin stands out for an affordable cost of living, below-average home prices, solid school ratings (B+), a well-educated population, short average commutes.
Trade-offs: Potential downsides include an elevated unemployment rate. Whether Franklin is right for you depends on your priorities — the full breakdown is below.
All Franklin city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 83.8Franklin's overall cost of living index is 83.8, where 100 represents the US national average. Living in Franklin costs roughly 16% less than the average American city.
| Metric | Franklin, AL | National Avg |
|---|---|---|
| Median Home Value | $63,800 | $244,900 |
| Median Monthly Rent | $580 | $1,163 |
| Homeownership Rate | 89.7% | 65.9% |
| Median Household Income | $81,103 | $74,755 |
Crime & Safety
Safer than AverageFranklin's violent crime rate is 487.0 per 100,000 residents — 28% higher than the national average of ~380 per 100,000.
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Franklin is served primarily by Macon County. The student-to-teacher ratio is 16.6:1 (slightly above the national average of ~16:1).
| Metric | Franklin, AL | National Avg |
|---|---|---|
| School District | Macon County | — |
| Elementary Schools | 2 | — |
| Middle Schools | 1 | — |
| High Schools | 2 | — |
| Student/Teacher Ratio | 16.6:1 | 16:1 |
| Bachelor's Degree or Higher | 40.7% | 35.4% |
| High School Diploma or Higher | 85.6% | 91.1% |
Weather & Climate
Franklin sees average highs of 56.8°F in January and 90.4°F in July, with 54.4 inches of annual precipitation and 0.3 inches of snow per year.
| Metric | Franklin, AL |
|---|---|
| Average High — January | 56.8°F |
| Average High — July | 90.4°F |
| Annual Precipitation | 54.4" |
| Annual Snowfall | 0.3" |
Demographics
| Metric | Franklin, AL | National Avg |
|---|---|---|
| Population | 773 | — |
| Median Age | 51.8 | 38.9 |
| Unemployment Rate | 21.7% | 3.7% |
| Avg Commute Time | 20.4 min | 26 min |
| White (non-Hispanic) | 21.3% | 59.3% |
| Black or African American | 60.3% | 13.6% |
| Hispanic or Latino | 4.8% | 18.9% |
| Asian | 0.0% | 6.3% |
| Under 18 | 17.1% | 22.2% |
| 65 and over | 28.7% | 16.8% |
Nearby Cities
ZIP Codes in Franklin
Franklin, AL is covered by 1 ZIP code: