Home / Select Cities  /  2024 Comparing Franklin, TN vs. Madison, AL

2024 Compare Cities Economy:
Franklin, TN vs Madison, AL

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Highlights
- Household income in Madison, is 3% more than it is in Franklin and is 34% above the National Average.
- Franklin unemployment rate is 3.1%.
- Madison unemployment rate is 1.8%.

Economy
 Franklin, TNMadison, ALUnited States
 Unemployment Rate3.1%1.8%6.0%
 Recent Job Growth2.4%3.6%1.6%
 Future Job Growth53.4%43.6%33.5%
 Sales Taxes9.8%6.0%6.2%
 Income Taxes0.0%5.0%4.6%
 Income per Cap.$51,811$48,070$37,638
 Household Income$102,721$105,335$69,021
 Family Median Income$123,661$129,264$85,028
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 Est. Households By Income
 Franklin, TNMadison, ALUnited States
 Income Less Than 15K3.5%4.3%9.4%
 Income between 15K and 20K1.9%2.6%3.8%
 Income between 20K and 30K4.8%3.2%8.1%
 Income between 30K and 40K5.3%4.3%8.0%
 Income between 40K and 50K6.5%7.9%7.6%
 Income between 50K and 60K5.8%6.8%7.2%
 Income between 60K and 75K8.3%6.9%9.6%
 Income between 75K and 100K13.0%12.2%12.8%
 Income between 100K and 150K20.4%20.8%16.3%
 Income between 150K and 200K12.0%17.8%7.8%
 Income greater than 200K18.6%13.2%9.5%
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 Population By Occupation
 Franklin, TNMadison, ALUnited States
 Management, business, finance26.4%21.3%16.4%
 Engineering, computers, science10.5%23.3%6.5%
 Community, social services1.9%2.1%1.8%
 Legal1.9%0.9%1.2%
 Education, library6.6%5.5%6.2%
 Arts, design, media, sports, entertainment3.6%2.1%2.0%
 Healthcare practitioners and technology6.3%8.0%6.2%
 Healthcare support1.3%0.5%3.3%
 Firefighters, law enforcement0.9%1.8%2.1%
 Food preparation, serving5.3%2.8%5.4%
 Building maintenance1.2%1.7%3.6%
 Personal care2.7%1.3%2.6%
 Sales, office, administrative support23.1%15.8%20.9%
 Farming, fishing, forestry0.1%0.2%0.6%
 Construction, extraction, maintenance/repair3.3%3.5%8.1%
 Production, transportation, material moving4.9%9.2%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 Madison    11 Reviews

My wife and I moved from Atlanta, GA area in 2016 when I retired. We have now lived in Huntsville for 4 years and now in Madison for almost 4 years. We were thinking  More

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Low crime. Traffic not too bad even during peak times. Covert classim and racism. A stick with our own mentality. Not very diverse primarily just blacks and whites.  More

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Madison is nice. The schools are excellent, which is why we chose to live here. The job market is good for anyone with an engineering degree or ex military, but for  More

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ZIPS IN FRANKLIN, TENNESSEE
37064 37067 37069
ZIPS IN MADISON, ALABAMA
35758 35756

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