Moving to Franklin, Tennessee, has emerged as a magnet for a diverse array of individuals hailing from various corners of the nation. Situated just outside the vibrant city of Nashville, this burgeoning town has captured the attention of families, celebrities, and tech enthusiasts alike, drawn by its myriad attractions.
Among the notable locales within Franklin, The Grove stands out as a prime destination for relocation, boasting a harmonious fusion of southern charm and cutting-edge innovation. In the wake of the pandemic, a wave of individuals has been inspired to seek out new horizons, prompting a surge in Moving to Franklin.
The town’s population has experienced a notable uptick, growing by approximately 9% since 2020, a testament to its undeniable appeal. As Franklin continues to beckon newcomers with its unique blend of opportunities and amenities, it solidifies its position as a sought-after haven for those in search of a fresh start.
The city owes its name to the illustrious inventor and founding father, Benjamin Franklin, chosen by Maury Jr. himself. Franklin boasts a vibrant tapestry of seasonal festivals, including the Fourth of July celebration, PumpkinFest, Main Street Festival, Veterans Day Parade, and the Dickens of a Christmas Festival.
Over the years, Franklin has been home to a diverse array of notable individuals, from NFL quarterback C.J. Beathard and singer-songwriter Miley Cyrus to renowned financial advisor Dave Ramsey and MLB player Tony Kemp.Â
Residents and newcomers alike are drawn to Franklin’s plethora of activities, local conveniences, and secure neighborhoods, solidifying its reputation as a prime residential destination.
Franklin, Tennessee has experienced remarkable growth over the decades, now home to over five times the number of residents it had in the 1980s. Presently, the population stands at 83,096, with a median age of 37 years.
Demographically, Franklin is gradually diversifying, with approximately 78% identifying as Caucasian, 7% as Black or African American, 7% as Asian, and 7% as Hispanic or Latino. The gender distribution is fairly balanced, with females comprising 54% and males 46% of the population. Franklin, An affluent city, boasts a median household income of $103,813 annually.
Franklin is recognized as the 4th safest city in Tennessee, with a crime rate significantly lower than both the national and state averages. This is attributed to the diligent efforts of the 132 active-duty police officers serving the community through the Franklin Police Department.
Living in Franklin comes at a premium, with the average cost of living approximately 35% higher than the national average and 47% higher than the Tennessee state average. While healthcare costs are relatively lower, expenses such as Franklin real estate, utilities, transportation, and groceries contribute to the city’s affluent status.
The homeownership rate stands at 66.4%, with a majority of residents opting to buy rather than rent. The competitive housing market sees an average home for sale in Franklin may averagely cost $710,000, translating to a median sale price of $277 per square foot. Property taxes are levied at a rate of 0.550%.
Around 44% of Franklin’s population opts to rent, with an average monthly rent of $1,917 depending on location and amenities.
Situated 22 miles from Nashville, Franklin offers easy moving to Franklin, Tennessee, with an average hour-long commute. The climate in Franklin is characterized by warm, humid summers and wet, cold winters, with an average annual rainfall of 53 inches. Winter temperatures typically range from the mid-20s to mid-40s, while summers see highs above 90°F and nighttime lows in the upper 60s.
With many safe, family-friendly, and the best neighborhoods in Franklin, TN, including Berrys Chapel, Carnton, Central Franklin, Goose Creek, McEwen, Seward Hall, Southall, and West Harpeth. Residents can also enjoy recreational activities at the Westhaven Country Club or explore the city’s 900 acres of parks maintained by the Franklin Parks and Recreation Department.
Convenient shopping options in Franklin, with retail destinations like Sam’s Club, Whole Foods, Target, and the CoolSprings Galleria mall.Â
Franklin offers a thriving job market with numerous career opportunities across various industries. According to Payscale, the average annual salary in Franklin is $67,000, and workers benefit from the absence of state income tax. The city boasts a low unemployment rate of 3.1%, below the national average. That’s why moving to Franklin, Tennessee, if you’re thinking about it.
Individuals seeking employment, particularly in the healthcare sector, will find plenty of promising prospects in Franklin. Some of the top employers in the area include:
With over 22,435 children aged 0 to 18, accounting for about 27% of the population, Franklin is a family-friendly city known for its safe environment. The city’s education system is divided between the Williamson County School District and the Franklin Special School District, offering parents a choice of top-notch schools, including:
Nearby colleges and universities include Welch College and Lipscomb University, providing further educational opportunities for residents.
The Williamson County Public Library offers a wealth of resources for children, parents, and students, providing free access to books and movies, and enriching the local community’s learning experience.Â
In Franklin, Tennessee, there’s an abundance of activities to indulge in, ensuring there’s never a dull moment. Whether you’re drawn to the city’s rich history, vibrant culture, or natural beauty, Franklin offers something for everyone:
When you’re ready to embark on your journey to Franklin, TN, rest assured that you’re not alone. Our team at Zivak Realty is here to guide you every step of the way, offering personalized assistance and expertise to make your transition seamless and stress-free.Â
As the most trusted real estate company in Franklin, Tennessee we’re committed to helping you find your perfect home in this welcoming community.
Bo Zivak – Founder of Zivak Realty Group is a real estate professional having expertise in residential and commercial real estate deals in the Greater Nashville Region, Tennessee. With consistent utilization of real estate knowledge and sales experience, Bo Zivak with his team has been dedicated to serving clients and community by offering valuable real estate services.
Stay informed with the latest real estate trends, expert tips, and local market insights from the Zivak Realty Group team—helping you make confident, well-informed decisions.
Nashville, as everybody knows, is a music city and an emerging hub for the real estate market. Nashville, as everybody knows, is a music city and an emerging hub for the real estate market.
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