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: 95.5Franklin'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 SafeFranklin's violent crime rate is 50.7 per 100,000 residents — 87% lower than the national average of ~380 per 100,000.
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.
| Metric | Franklin, WI |
|---|---|
| Average High — January | 29.8°F |
| Average High — July | 82.8°F |
| Annual Precipitation | 38.4" |
| Annual Snowfall | 48.7" |
Demographics
| Metric | Franklin, WI | National Avg |
|---|---|---|
| Population | 36,513 | — |
| Median Age | 44.3 | 38.9 |
| Unemployment Rate | 3.4% | 3.7% |
| Avg Commute Time | 25.4 min | 26 min |
| White (non-Hispanic) | 83.6% | 59.3% |
| Black or African American | 3.8% | 13.6% |
| Hispanic or Latino | 4.5% | 18.9% |
| Asian | 5.5% | 6.3% |
| Under 18 | 20.8% | 22.2% |
| 65 and over | 19.4% | 16.8% |
Nearby Cities
ZIP Codes in Franklin
Franklin, WI is covered by 1 ZIP code: