Housing costs in Franklin?
A typical home costs
$812,700, which is 140.4% more expensive than the national average of
$338,100 and 193.0% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Franklin costs
$2,090 per month, which is 95.3% more than the national average of
$1,070 and 34.0% more than the state average of
$1,380.
Can I afford Franklin?
To live comfortably in Franklin (zip 37069), Tennessee, a minimum annual income of
$155,880 for a family, and
$74,000 for a single person is recommended.
What does A.I. say about Franklin?
The cost of living in 37069 Franklin, TN is higher than the national average. The median home price in the area is $750,000 and the median household income is $84,686. Rent prices are also on the rise, with an average one-bedroom apartment costing around $1,450 per month. Groceries and other goods are also more expensive than in other parts of Tennessee. However, there are some ways to save money such as taking advantage of local discounts or by shopping at discount stores like Dollar General or Aldi. Although it may be more expensive to live in this area than other places, there are many benefits that come with it such as great schools and a strong sense of community.