Franklin is a small town of 6,666 in Louisiana, with a median household income of $39,068
and a 2.7% unemployment rate.
Its cost of living index is 86 (US average = 100), which is
14% below the national average.
Strengths:
Franklin stands out for an affordable cost of living, below-average home prices, short average commutes.
Trade-offs:
No major red flags stand out in the available data. 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: 86.4
Franklin's overall cost of living index is 86.4,
where 100 represents the US national average.
Living in Franklin costs roughly 14% less than the average American city.
Metric
Franklin, LA
National Avg
Median Home Value
$95,600
$244,900
Median Monthly Rent
$832
$1,163
Homeownership Rate
59.9%
65.9%
Median Household Income
$39,068
$74,755
Crime & Safety
Safer than Average
Franklin's violent crime rate is 332.3 per 100,000 residents
— 13% lower than the national average of ~380 per 100,000.
Violent Crime
332.3 /100k
Property Crime
1471.2 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Franklin is served primarily by V. B. Glencoe Charter School.
The student-to-teacher ratio is 14.2:1
(better than the national average of ~16:1).
Metric
Franklin, LA
National Avg
School District
V. B. Glencoe Charter School
—
Elementary Schools
N/A
—
Middle Schools
N/A
—
High Schools
N/A
—
Student/Teacher Ratio
14.2:1
16:1
Bachelor's Degree or Higher
12.5%
35.4%
High School Diploma or Higher
82.2%
91.1%
Weather & Climate
Franklin sees average highs of 62.7°F in January
and 89.8°F in July,
with 65.3 inches of annual precipitation
.
Franklin's cost of living index is 86, where 100 is the national average.
That makes Franklin roughly 14% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $95,600 and median rent is $832/month.
Franklin's violent crime rate is 332.3 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1471.2 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Franklin are operated by V. B. Glencoe Charter School.
The district has several elementary, several middle, and several high schools.
The student-to-teacher ratio is 14.2:1. 12.5% of adults 25+ hold a bachelor's degree or higher.
Franklin, LA has a population of 6,666, a median household income of $39,068, and an unemployment rate of 2.7%.
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 62.7°F in January and 89.8°F in July. Annual rainfall is 65.3 inches
.
Based on NOAA 30-year climate normals (1991–2020).
Franklin, LA is covered by 1 ZIP code: 70538.
The population of Franklin, Louisiana is 6,666 with a median age of 39.5. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Franklin: cost of living index 86 (100 = US average), median home $95,600, median household income $39,068, crime index 80 (100 = US average, lower is safer), schools rated C. 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.
