Cost Of Living
The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
Housing
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Health & Safety
Achieving a high health and safety score relies on factors including great air quality and convenient access to vital health facilities such as hospitals, doctors, clinics and police stations.
Amenities
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Crime
This area exhibits elevated crime rates per 100,000 residents, which may suggest it's a potentially unsafe place to reside. These rates encompass both property and violent crimes.
Employment
Low income levels and high unemployment rates results in a low score in the employment category. It could prove difficult to find well-paying employment in this area.
Ratings
Surveys and polls conducted by AreaVibes with residents of the area revealed unfavorable results concerning the walkability of amenities, the availability of parks and public transit access.
Franklin is a smaller city located in the state of Virginia. The city has a population of 8,015 people. Individuals of White (37%) and Black or African American (55%) backgrounds make up a significant portion of the population of the city. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Franklin your home, your one-way commute time will typically last around 26 minutes, a duration that aligns with the national average commute time of 26 minutes.
Are you trying to decide if living in Franklin is the right fit for your lifestyle? To ensure a great experience before relocating to any new city in Virginia, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. Finding the best places to live in Franklin and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, cost of living, commute, housing and other important metrics.
Using data and statistics Franklin has received a livability score of 57/100. This score is ranked in the 28th percentile when compared to all other cities. This score ranks well below the United States average. With such a low livability score, it might be worth investigating a little further. If we dig a little deeper into each category within the livability score, we see that Franklin has higher than average grades for the following: cost of living (A), education (B-) and housing (B). There is at least one category that did not score well in Franklin. The following was graded with a less than perfect score: amenities (F), crime (F) and employment (D-).
Test scores serve as a vital gauge of a school's academic prowess and the proficiency of its students. They play a pivotal role in assessing whether local schools can deliver a robust educational foundation for children. In Franklin, the schools boast an impressive average test score of 72%, significantly higher than the national average. This outstanding academic achievement not only reflects the excellence of the local educational system, but also indicates the potential for students to thrive academically, making it an attractive destination for families seeking a high-quality education for their children.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Franklin market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Franklin is real estate affordability. The median home price for Franklin homes is $179,200, which is 27.9% lower than the Virginia average. If we take a closer look at the affordability of homes in Franklin, we’ll see that the home price to income ratio is 3.6, which is 5.3% lower than the Virginia average.
| Statistic | Franklin | Virginia | National |
| Average one way commute | 26min | 28min | 26min |
| Workers who drive to work | 84.7% | 77.4% | 76.4% |
| Workers who carpool | 3.3% | 9.5% | 9.3% |
| Workers who take public transit | 0.4% | 4.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.4% | 0.6% |
| Workers who walk | 3.5% | 2.4% | 2.8% |
| Working from home | 3.5% | 4.7% | 4.6% |
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