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

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Highlights
- Household income in Franklin, is 114% more than it is in Loretto and is 33% above the National Average.
- Loretto unemployment rate is 5.1%.
- Franklin unemployment rate is 3.1%.

Economy
 Loretto, TNFranklin, TNUnited States
 Unemployment Rate5.1%3.1%6.0%
 Recent Job Growth1.5%2.4%1.6%
 Future Job Growth32.5%53.4%33.5%
 Sales Taxes9.8%9.8%6.2%
 Income Taxes0.0%0.0%4.6%
 Income per Cap.$25,602$51,811$37,638
 Household Income$47,933$102,721$69,021
 Family Median Income$56,500$123,661$85,028
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 Est. Households By Income
 Loretto, TNFranklin, TNUnited States
 Income Less Than 15K9.6%3.5%9.4%
 Income between 15K and 20K4.3%1.9%3.8%
 Income between 20K and 30K18.4%4.8%8.1%
 Income between 30K and 40K7.7%5.3%8.0%
 Income between 40K and 50K13.1%6.5%7.6%
 Income between 50K and 60K10.0%5.8%7.2%
 Income between 60K and 75K7.8%8.3%9.6%
 Income between 75K and 100K12.4%13.0%12.8%
 Income between 100K and 150K11.8%20.4%16.3%
 Income between 150K and 200K4.0%12.0%7.8%
 Income greater than 200K0.9%18.6%9.5%
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 Population By Occupation
 Loretto, TNFranklin, TNUnited States
 Management, business, finance12.5%26.4%16.4%
 Engineering, computers, science4.1%10.5%6.5%
 Community, social services0.8%1.9%1.8%
 Legal0.0%1.9%1.2%
 Education, library9.9%6.6%6.2%
 Arts, design, media, sports, entertainment1.5%3.6%2.0%
 Healthcare practitioners and technology12.0%6.3%6.2%
 Healthcare support3.4%1.3%3.3%
 Firefighters, law enforcement0.9%0.9%2.1%
 Food preparation, serving4.7%5.3%5.4%
 Building maintenance1.5%1.2%3.6%
 Personal care1.1%2.7%2.6%
 Sales, office, administrative support14.9%23.1%20.9%
 Farming, fishing, forestry0.0%0.1%0.6%
 Construction, extraction, maintenance/repair9.1%3.3%8.1%
 Production, transportation, material moving23.6%4.9%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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ZIPS IN LORETTO, TENNESSEE
38469
ZIPS IN FRANKLIN, TENNESSEE
37064 37067 37069

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