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TN area data

Franklin, TN

Franklin, TN.

Population: 67,513 (Census ACS)

The median home value in Franklin, TN is $911,270 — up 2.3% over the past year. Homes sell for a median $975,000 after a median 55 days on market. Typical rent runs $2,281/month. 17 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Moderate, with coldwave, icestorm, strongwind the top-rated hazards. Cost of living is 8.1% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$911,270

Median home value

+2.3%

1-year change

55

Median days on market

Relatively Moderate

Hazard risk (county)

Home values & appreciation

Median home value
$911,270
1-year appreciation
+2.3%
3-year appreciation
+5.9%
5-year appreciation
+31.8%
10-year appreciation
+110.5%
All-time peak (2026-08)
$911,270
House Price Index (state)
484.9 (+0.8% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$975,000
Median list price
$1.05M
Median price per sqft
$361
1-year sale-price change
+9.4%
Median days on market
55 days
Homes sold (recent period)
427
For-sale inventory
489
Sale-to-list ratio
98.4%
Active listings
527
1-year forecast
+0.6%
Days to pending
57 days
New listings (monthly)
128

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$2,281/mo
1-year rent change
+1.6%
Studio fair-market rent
$1,585/mo
1BR fair-market rent
$1,650/mo
2BR fair-market rent
$1,798/mo
3BR fair-market rent
$2,309/mo
4BR fair-market rent
$2,799/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
91.9 (100 = US avg)
Electricity rate (state-level)
13.2¢/kWh
Natural gas rate (state-level)
$11.80/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
17
Elementary schools
9
Middle schools
4
High schools
4
School districts serving the area
Franklin SSD, Williamson County
Schools include
Freedom Middle School, Franklin Elementary, Johnson Elementary, Freedom Intermediate, Liberty Elementary

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Moderate
Top hazards (county)
coldWave, iceStorm, strongWind, inlandFlooding, tornado
Notable hazard ratings (county)
hail: Relatively Low · drought: Relatively Low · tornado: Relatively Moderate · coldWave: Relatively High · heatWave: Relatively Low · iceStorm: Relatively High
FEMA flood zone
AE
Flood risk level
High
Wildfire risk to homes (county)
Higher than 23% of US counties
Buildings in wildfire direct-exposure zone
58.4%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Wrigley Charcoal Plant (22.4 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
59.0°F
Average high
71.0°F
Average low
48.0°F
Annual precipitation
62.2 in
USDA plant hardiness zone
7b (extreme annual low 5 to 10°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
40
Days with Good air quality
216
Days with Moderate air quality
27
Highest AQI recorded (year)
100

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
7.3 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
74,415
Jobs reachable by transit (45 min)
48,964

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
1
Nearest national park
Stones River National Battlefield (29 mi)
Airports within 30 mi
22
Nearest airport
Hunter Airport (13 mi)
Nearest major airport
Nashville International Airport (BNA) (23 mi)
Hospitals nearby (~15 mi)
29
Hospitals include
HIGHPOINT HEALTH-SUMNER WITH ASCENSION SAINT THOMA, TRISTAR SKYLINE MEDICAL CENTER, WILLIAMSON MEDICAL CENTER
Avg hospital rating (CMS)
3.7 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (4.3 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+1,045 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,998
Housing built before 1970
10.7%
Housing built 2000 or later
47.0%
Median annual property tax
$2,924
Mean commute to work
18 min
Households with broadband internet
83.2%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
137,816
Average weekly wage
$1,789
Top industries (by employment)
Health Care, Professional Services, Accommodation & Food
Annual residential building permits (county)
1,621

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

FranklinState medianUS median
Median home value$911,270$269,266$288,527
Median sale price$975,000$315,000$325,000
Median days on market55 days73 days51 days
Typical rent$2,281/mo$1,599/mo$1,809/mo
Median annual property tax$2,924$970$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Franklin, TN?
$911,270.
What is the median sale price in Franklin, TN?
$975,000.
How long do homes take to sell in Franklin, TN?
Median days on market: 55 days.
What is typical rent in Franklin, TN?
Typical rent: $2,281/month.
What is the natural-hazard risk in Franklin, TN?
Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: coldWave, iceStorm, strongWind, inlandFlooding, tornado.
Is Franklin, TN in a flood zone?
High (FEMA NFIP). FEMA flood zone AE.
What is the wildfire risk in Franklin, TN?
Risk to homes is higher than 23% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Franklin, TN?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Franklin, TN?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Franklin, TN?
17 schools (9 elementary, 4 middle, 4 high) (NCES, 2022-23).
Is Franklin, TN walkable?
Walkability index: 7.3/20 (EPA Smart Location Database).
What is the air quality in Franklin, TN?
Good. Median AQI: 40. (EPA AQI).
What is the cost of living in Franklin, TN?
Regional Price Parity: 91.9 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Franklin

Listing a home in Franklin, TN?

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents