Median Income
$81,103
household / year
Median Home Value
$63,800
owner-occupied
Median Rent
$580
gross / month
Cost of Living
84
national avg = 100

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: 83.8

Franklin'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 Average

Franklin's violent crime rate is 487.0 per 100,000 residents — 28% higher than the national average of ~380 per 100,000.

Violent Crime
487.0 /100k
Property Crime
979.6 /100k

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.

MetricFranklin, AL
Average High — January56.8°F
Average High — July90.4°F
Annual Precipitation54.4"
Annual Snowfall0.3"

Demographics

MetricFranklin, ALNational Avg
Population773—
Median Age51.838.9
Unemployment Rate21.7%3.7%
Avg Commute Time20.4 min26 min
White (non-Hispanic)21.3%59.3%
Black or African American60.3%13.6%
Hispanic or Latino4.8%18.9%
Asian0.0%6.3%
Under 1817.1%22.2%
65 and over28.7%16.8%

Nearby Cities

ZIP Codes in Franklin

Franklin, AL is covered by 1 ZIP code:

Franklin vs Other Cities

Frequently Asked Questions

Franklin's cost of living index is 84, where 100 is the national average. That makes Franklin roughly 16% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $63,800 and median rent is $580/month.
Franklin's violent crime rate is 487.0 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 979.6 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Franklin are operated by Macon County. The district has 2 elementary, 1 middle, and 2 high schools. The student-to-teacher ratio is 16.6:1. 40.7% of adults 25+ hold a bachelor's degree or higher.
Franklin, AL has a population of 773, a median household income of $81,103, and an unemployment rate of 21.7%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Franklin averages 56.8°F in January and 90.4°F in July. Annual rainfall is 54.4 inches with about 0.3 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Franklin, AL is covered by 1 ZIP code: 36083.
The population of Franklin, Alabama is 773 with a median age of 51.8. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Franklin: cost of living index 84 (100 = US average), median home $63,800, median household income $81,103, crime index 96 (100 = US average, lower is safer), schools rated B+. Whether these are benefits or drawbacks depends on where you're coming from — compare Franklin side by side with your current city to see the trade-offs.