Franklin, TN Real Estate
Franklin is a city in Williamson County, Tennessee with a population of about 85,575. The median home value is near $646,300, and median rent runs around $1,861/mo.
Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.
Median Home Value
$646,300
Median Rent
$1,861/mo
Population
85,575
Median Income
$115,000
Median Age
37.8
Homeownership
64.3%
Monthly payment on a median Franklin home
Example for a $646,300 home: 20% down, 30-yr at ~6.75%, TN property tax ~0.66%, 0.4% insurance.
Est. monthly (PITI)
$3,924
Principal & interest
$3,354
Property tax / mo
$355
Down payment (20%)
$129,260
Franklin at a glance
- 39.8% of residents 25+ hold a bachelor's degree or higher.
- 64.3% of occupied homes are owner-occupied.
- Median household income is $115,000.
- Always verify the assigned school district, flood zone, and HOA for a specific address before signing.
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