2025 Compare Cities Economy:
Morristown, TN vs Franklin, KY

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Highlights
- Household income in Franklin, is 41% more than it is in Morristown and is 34% below the National Average.
- Morristown unemployment rate is 5.6%.
- Franklin unemployment rate is 4.4%.
 Morristown, TNFranklin, KYUnited States
 Unemployment Rate  Unlock4.4%6.0%
 Recent Job Growth  Unlock1.9%1.6%
 Future Job Growth38.8%  Unlock33.5%
 Sales Taxes9.8%  Unlock6.2%
 Income Taxes  Unlock6.8%4.6%
 Income per Cap.$21,428  Unlock$37,638
 Household Income  Unlock$51,324$69,021
 Family Median Income$46,934  Unlock$85,028
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 Est. Households By Income
 Morristown, TNFranklin, KYUnited States
 Income Less Than 15K  Unlock13.8%9.4%
 Income between 15K and 20K7.9%  Unlock3.8%
 Income between 20K and 30K  Unlock10.0%8.1%
 Income between 30K and 40K12.4%  Unlock8.0%
 Income between 40K and 50K  Unlock9.4%7.6%
 Income between 50K and 60K6.4%  Unlock7.2%
 Income between 60K and 75K  Unlock16.9%9.6%
 Income between 75K and 100K9.8%  Unlock12.8%
 Income between 100K and 150K  Unlock7.6%16.3%
 Income between 150K and 200K1.4%  Unlock7.8%
 Income greater than 200K  Unlock1.7%9.5%
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 Population By Occupation
 Morristown, TNFranklin, KYUnited States
 Management, business, finance9.4%  Unlock16.4%
 Engineering, computers, science  Unlock3.5%6.5%
 Community, social services0.4%  Unlock1.8%
 Legal  Unlock0.0%1.2%
 Education, library4.8%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.3%2.0%
 Healthcare practitioners and technology4.1%  Unlock6.2%
 Healthcare support  Unlock3.2%3.3%
 Firefighters, law enforcement1.4%  Unlock2.1%
 Food preparation, serving  Unlock5.7%5.4%
 Building maintenance4.9%  Unlock3.6%
 Personal care  Unlock2.8%2.6%
 Sales, office, administrative support27.2%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair7.3%  Unlock8.1%
 Production, transportation, material moving  Unlock33.3%13.1%
Reviews for Morristown    9 Reviews

I've lived here pretty much my whole life minus a year here and there. After seeing what other places are like, I see how bad this place is. Nothing to do, and  More

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I have lived in the Lakeway area my whole life ( I am in my late 40s ). While it was a one time the perfect area to live in, Morristown and its local leaders are ruining  More

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Over 13 years ago

I've lived here for about 22 yrs, the best of those being from age 5 to 18. Morristown is a great place to raise a family or retire to but if one is to "get  More

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Reviews for Franklin    4 Reviews

I've been here, for at least 7 years; it's the worst town I've ever lived in. Most people here are boring, there's little-to-nothing to do, and here I am, stuck to  More

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Moved here in April 2018 from Southern CA...best move we ever made! Great place to retire...LOW cost of living, low taxes, cheap gas, great schools & restaurants,  More

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Over 10 years ago

I recently visited Franklin for 3 days 7-24-2015 It was hot 90-95 degrees but not humid, definitely not unbearable. And I live in Ohio! Memphis is unbearable. I talked  More

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