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2024 Compare Cities Economy:
Franklin, TN vs Madisonville, TN

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Highlights
- Household income in Madisonville, is 67% less than it is in Franklin and is 104% below the National Average.
- Franklin unemployment rate is 3.1%.
- Madisonville unemployment rate is 5.1%.

Economy
 Franklin, TNMadisonville, TNUnited States
 Unemployment Rate3.1%5.1%6.0%
 Recent Job Growth2.4%1.9%1.6%
 Future Job Growth53.4%41.1%33.5%
 Sales Taxes9.8%9.3%6.2%
 Income Taxes0.0%0.0%4.6%
 Income per Cap.$51,811$25,304$37,638
 Household Income$102,721$33,835$69,021
 Family Median Income$123,661$51,595$85,028
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 Est. Households By Income
 Franklin, TNMadisonville, TNUnited States
 Income Less Than 15K3.5%16.1%9.4%
 Income between 15K and 20K1.9%14.7%3.8%
 Income between 20K and 30K4.8%8.6%8.1%
 Income between 30K and 40K5.3%13.2%8.0%
 Income between 40K and 50K6.5%9.0%7.6%
 Income between 50K and 60K5.8%8.3%7.2%
 Income between 60K and 75K8.3%10.8%9.6%
 Income between 75K and 100K13.0%13.4%12.8%
 Income between 100K and 150K20.4%5.1%16.3%
 Income between 150K and 200K12.0%0.0%7.8%
 Income greater than 200K18.6%0.8%9.5%
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 Population By Occupation
 Franklin, TNMadisonville, TNUnited States
 Management, business, finance26.4%2.6%16.4%
 Engineering, computers, science10.5%3.3%6.5%
 Community, social services1.9%3.3%1.8%
 Legal1.9%0.0%1.2%
 Education, library6.6%3.4%6.2%
 Arts, design, media, sports, entertainment3.6%0.0%2.0%
 Healthcare practitioners and technology6.3%2.3%6.2%
 Healthcare support1.3%5.2%3.3%
 Firefighters, law enforcement0.9%0.0%2.1%
 Food preparation, serving5.3%10.1%5.4%
 Building maintenance1.2%8.3%3.6%
 Personal care2.7%2.9%2.6%
 Sales, office, administrative support23.1%21.8%20.9%
 Farming, fishing, forestry0.1%0.0%0.6%
 Construction, extraction, maintenance/repair3.3%3.3%8.1%
 Production, transportation, material moving4.9%33.6%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 Madisonville    3 Reviews

I lived in Memphis for the last 20 years, then we moved to Madisonville in the Fall of 2020. This is a great small town to live in. Everyone I've met is extremely  More

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Over 15 years ago

I just moved here about 2 months ago , and this by far is the most beautiful, scenic city I have resided in . We have alot of farm animals here, lots of rolling hills  More

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I moved here about 4 years ago. I have lived in several places before but over all this area is one of the most beautiful. I have not been in one area of Monroe County  More

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ZIPS IN FRANKLIN, TENNESSEE
37064 37067 37069
ZIPS IN MADISONVILLE, TENNESSEE
37354

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