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2024 Compare Cities Economy:
Franklin, TN vs Homestead, FL

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Highlights
- Household income in Homestead, is 49% less than it is in Franklin and is 32% below the National Average.
- Franklin unemployment rate is 3.1%.
- Homestead unemployment rate is 8.7%.

Economy
 Franklin, TNHomestead, FLUnited States
 Unemployment Rate3.1%8.7%6.0%
 Recent Job Growth2.4%0.8%1.6%
 Future Job Growth53.4%40.7%33.5%
 Sales Taxes9.8%7.0%6.2%
 Income Taxes0.0%0.0%4.6%
 Income per Cap.$51,811$20,444$37,638
 Household Income$102,721$52,334$69,021
 Family Median Income$123,661$51,797$85,028
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 Est. Households By Income
 Franklin, TNHomestead, FLUnited States
 Income Less Than 15K3.5%13.1%9.4%
 Income between 15K and 20K1.9%4.5%3.8%
 Income between 20K and 30K4.8%9.7%8.1%
 Income between 30K and 40K5.3%10.6%8.0%
 Income between 40K and 50K6.5%9.7%7.6%
 Income between 50K and 60K5.8%10.2%7.2%
 Income between 60K and 75K8.3%9.4%9.6%
 Income between 75K and 100K13.0%13.8%12.8%
 Income between 100K and 150K20.4%12.1%16.3%
 Income between 150K and 200K12.0%4.4%7.8%
 Income greater than 200K18.6%2.5%9.5%
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 Population By Occupation
 Franklin, TNHomestead, FLUnited States
 Management, business, finance26.4%10.4%16.4%
 Engineering, computers, science10.5%2.0%6.5%
 Community, social services1.9%1.7%1.8%
 Legal1.9%0.1%1.2%
 Education, library6.6%4.5%6.2%
 Arts, design, media, sports, entertainment3.6%0.9%2.0%
 Healthcare practitioners and technology6.3%5.8%6.2%
 Healthcare support1.3%2.6%3.3%
 Firefighters, law enforcement0.9%4.8%2.1%
 Food preparation, serving5.3%5.4%5.4%
 Building maintenance1.2%7.1%3.6%
 Personal care2.7%2.9%2.6%
 Sales, office, administrative support23.1%22.8%20.9%
 Farming, fishing, forestry0.1%6.0%0.6%
 Construction, extraction, maintenance/repair3.3%13.8%8.1%
 Production, transportation, material moving4.9%9.1%13.1%

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Reviews for Franklin    27 Reviews

After visiting here for a week in the summer, I fell in love with the city! Lots of my friends in Florida already moved here from New Port Richey and Wesley Chapel. I  More

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I've lived in Tennessee all my life. I have lived in west,east and middle Tennessee. By far this is the best place I have lived. We have been in Franklin for 8 years. It  More

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I love that this is a greatly diverse community with a large African American and Hispanic community around West Main St./Nachez (I'm addicted to Pueblo Real Mexican  More

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Reviews for Homestead    20 Reviews

I've lived in Homestead for about 12 years, and I can't wait to leave. It's a city full of poor people who can't afford to live in Miami by any stretch of the  More

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Over 6 years ago

It stinks with smelty Smokey air most evenings right in the heart of town. ATC’s run rampant. Police do nothing. Code enforcement is a laughable joke in most cases. You  More

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Over 6 years ago

My family has lived in Homestead for 4 years. Whatever you do make sure the area you rent/purchase is not within the limits of City of Homestead. Our electric bill is 4  More

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ZIPS IN FRANKLIN, TENNESSEE
37064 37067 37069
ZIPS IN HOMESTEAD, FLORIDA
33030 33035

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