Median Income
$100,524
household / year
Median Home Value
$331,200
owner-occupied
Median Rent
$1,262
gross / month
Cost of Living
96
national avg = 100

Is Franklin, WI a Good Place to Live?

Franklin is a small city of 36,513 in Wisconsin, with a median household income of $100,524 and a 3.4% unemployment rate. Its cost of living index is 96 (US average = 100), which is 4% below the national average.

Strengths: Franklin stands out for an affordable cost of living, lower-than-average crime, solid school ratings (B+), a well-educated population, 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: 95.5

Franklin's overall cost of living index is 95.5, where 100 represents the US national average. Living in Franklin costs roughly 4% less than the average American city.

Metric Franklin, WI National Avg
Median Home Value $331,200 $244,900
Median Monthly Rent $1,262 $1,163
Homeownership Rate 77.4% 65.9%
Median Household Income $100,524 $74,755

Crime & Safety

Very Safe

Franklin's violent crime rate is 50.7 per 100,000 residents — 87% lower than the national average of ~380 per 100,000.

Violent Crime
50.7 /100k
Property Crime
1207.3 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Franklin is served primarily by Franklin Public School District. The student-to-teacher ratio is 15.1:1 (better than the national average of ~16:1).

Metric Franklin, WI National Avg
School District Franklin Public School District —
Elementary Schools 5 —
Middle Schools 1 —
High Schools 2 —
Student/Teacher Ratio 15.1:1 16:1
Bachelor's Degree or Higher 43.3% 35.4%
High School Diploma or Higher 94.2% 91.1%

Weather & Climate

Franklin sees average highs of 29.8°F in January and 82.8°F in July, with 38.4 inches of annual precipitation and 48.7 inches of snow per year.

MetricFranklin, WI
Average High — January29.8°F
Average High — July82.8°F
Annual Precipitation38.4"
Annual Snowfall48.7"

Demographics

MetricFranklin, WINational Avg
Population36,513—
Median Age44.338.9
Unemployment Rate3.4%3.7%
Avg Commute Time25.4 min26 min
White (non-Hispanic)83.6%59.3%
Black or African American3.8%13.6%
Hispanic or Latino4.5%18.9%
Asian5.5%6.3%
Under 1820.8%22.2%
65 and over19.4%16.8%

Nearby Cities

ZIP Codes in Franklin

Franklin, WI is covered by 1 ZIP code:

Franklin vs Other Cities

Frequently Asked Questions

Franklin's cost of living index is 96, where 100 is the national average. That makes Franklin roughly 4% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $331,200 and median rent is $1,262/month.
Franklin's violent crime rate is 50.7 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1207.3 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Franklin are operated by Franklin Public School District. The district has 5 elementary, 1 middle, and 2 high schools. The student-to-teacher ratio is 15.1:1. 43.3% of adults 25+ hold a bachelor's degree or higher.
Franklin, WI has a population of 36,513, a median household income of $100,524, and an unemployment rate of 3.4%. 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 29.8°F in January and 82.8°F in July. Annual rainfall is 38.4 inches with about 48.7 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Franklin, WI is covered by 1 ZIP code: 53132.
The population of Franklin, Wisconsin is 36,513 with a median age of 44.3. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Franklin: cost of living index 96 (100 = US average), median home $331,200, median household income $100,524, crime index 31 (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.