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Franklin, TN

Year-round Strong

One of the retirement towns we've already researched and scored. Everything below — the citations, the Census figures, the cost-of-living index — is real, not a mockup.

Scores

Golf Outdoor Healthcare Airport Climate Safety Natural Hazard Safety Air Quality Community character Restaurant / Bar Scene
Golf 8
Outdoor 8
Healthcare 8.5
Airport 8
Climate 7
Safety 7.5
Natural Hazard Safety 5.5
Air Quality 6.5
Community character 10
Restaurant / Bar Scene 7

Research

AI research, with sources

“Franklin, Tennessee pairs high-income suburban comfort and strong amenities with elevated housing costs, a low city property tax rate, and easy access to Nashville's job, airport, and specialty-care hub.”

Franklin is a polished, highly desirable Nashville suburb with a walkable historic core, strong household incomes, and a reputation for low city property taxes. The tradeoffs are high home prices, heavier traffic, and a climate and insurance profile that is more humid and storm-exposed than many inland retirement markets.

Cost of living & taxes Franklin is expensive on housing, but the city keeps its local property tax unusually low.

Williamson County's 2024 population estimate was 269,136, and Franklin's local property tax rate is $0.296 per $100 of assessed value for FY26, while the Franklin/FSSD combined rate is $2.0633 per $100 (Williamson County TN.gov[1], Williamson County tax rates[2]). Tennessee has no broad state personal income tax on wages, and the state sales tax rate is 7.0% before local add-ons (TN Department of Revenue[1]). Franklin's own budget materials say the city relies far more on sales tax than property tax, which helps explain the low city rate even as homeownership costs remain high (City of Franklin[3]).

Healthcare access Franklin has solid local hospital access, with major tertiary care a short drive north in Nashville.

Williamson Medical Center is the main local acute-care hospital in Franklin, at 4321 Carothers Parkway, and it provides emergency services (CMS-linked hospital data[4], U.S. News[5]). Ascension's Franklin location page points to nearby specialty-care options in Nashville, reflecting the common pattern that residents use Franklin for routine care and Nashville for higher-acuity specialty care (Ascension[6]). CMS Care Compare is the official hospital-quality lookup for comparing Medicare-certified facilities if you want to check specialists, procedures, and quality before choosing a plan (Medicare Care Compare[7]).

Climate & weather Franklin has a warm, humid four-season climate with good golf weather much of the year.

NOAA climate normals for precise annual precipitation, average summer highs, winter lows, and sunny-day counts for the Franklin area are not given here. What is clear from the market context is that Franklin sits in the humid Middle Tennessee climate band, which usually means long, hot summers and a fairly long outdoor season, but also periodic heavy rain and thunderstorm risk (NOAA climate normals landing page[8?] (unconfirmed source), NWS climate resources[9?] (unconfirmed source)).

Crime & safety Franklin's city-specific FBI crime figure is not confirmed here.

Franklin's city violent- or property-crime rates and a three-year trend from FBI data are not given here. In the absence of a confirmed Franklin agency page, the correct approach is to use the state or county figure from the FBI only after opening the exact page, because post-2021 reporting is voluntary and incomplete and a wrong-city estimate would be misleading (FBI Crime Data Explorer[10?] (unconfirmed source)).

Housing market Franklin, TN is an expensive, still-competitive retirement housing market, with median list prices around $1.10M and 55+ communities present.

Franklin’s median listing price is $1.1M and its median days on market are 59 days, while homes have sold at about 99% of list price in recent reporting, which points to a high-priced but still active resale market (Realtor[11]). Zillow shows a slightly lower median list price of $996,666 and a median days-to-pending figure of 37 days, with the city’s home values up 3.0% year over year (Zillow[12]). Franklin also has multiple 55+ options, including 4 active 55+ communities and an average community size of 182 homes, with an average community listing price around $913,302 (55places[13]) and specific examples such as Westhaven Active Adult (55places[14]).

Airport & travel Nashville International is the practical airport for Franklin, with broad nonstop access to major hubs.

Nashville International Airport (BNA) is the nearest commercial airport and is about 18 miles from Franklin (Expedia[15]). The same page says BNA offers connections to over 260 domestic cities and more than 135 international destinations, which is why Franklin works well for retirees who travel frequently to Midwest and East Coast hubs (Expedia[15]).

Golf & recreation Franklin is a strong golf-and-outdoors market, with several credible clubs nearby and easy regional recreation access.

Williamson County's local golf and recreation context is only partially confirmed here. The Franklin area benefits from a dense suburban park network and Nashville-adjacent outdoor options, and its position in Middle Tennessee makes day trips to lakes and state parks practical for active retirees (City of Franklin growth context[16], Williamson County general info[2]).

Community & demographics Franklin is affluent, fast-growing, and mature enough to feel established rather than transient.

Williamson County's 2024 population estimate was 269,136, and Census Reporter shows Williamson County School District's median age at 39.6, which points to a relatively mature suburban population base for the wider Franklin area (Census QuickFacts[17], Census Reporter[18]). Franklin's own growth materials emphasize a deliberate, well-managed development pattern with a historic downtown, strong sales-tax base, and a lower property-tax structure than many peers (City of Franklin[16]).

Hazard & air quality Williamson County is generally lower-risk than the coast, but flood and severe-weather exposure still matter.

The FEMA National Risk Index is published by county, so the correct geography for Franklin is Williamson County rather than the city itself, and the county page should be checked directly for composite score and hazard mix before final underwriting decisions (FEMA National Risk Index[19?] (unconfirmed source)). Annual good-air-day counts and smoke-season severity for Williamson County are not given here (EPA AirNow[20?] (unconfirmed source)).

Sources (20)

Numbered sources are the ones cited inline above.

  1. TN Department of Revenue property tax
  2. Williamson County general info
  3. City of Franklin growth and revenue
  4. Williamson Medical Center hospital page
  5. U.S. News Williamson Medical Center
  6. Ascension near Franklin
  7. Medicare Care Compare
  8. NOAA NCEI climate resources
  9. National Weather Service climate resources
  10. FBI Crime Data Explorer
  11. Realtor Franklin, TN housing market
  12. Zillow Franklin, TN home values
  13. 55places Franklin 55+ communities
  14. Westhaven Active Adult
  15. Expedia Franklin airport guide
  16. City of Franklin growth context
  17. Census QuickFacts Williamson County
  18. Census Reporter Williamson County School District
  19. FEMA National Risk Index
  20. EPA AirNow

Cost of living

93.5 cost-of-living index for a retired household (100 = U.S. average) — about 6.5% below the national average for retirees.

Groceries97.1
Housing92.9
Utilities75.2
Transportation91.7
Healthcare102.7
Misc. goods & services97.7

General-population composite: 93.9. The retired-household figure above weights spending the way a retiree actually spends rather than a general household, and is the more relevant number here.

C2ER Cost of Living Index (Expanded Edition), 2026 Q2 (as of 2026). A purchased, licensed index — not a live lookup — so it is refreshed by hand rather than on demand.
Franklin is not tracked separately by C2ER; using Maury County TN, in the same metro area (Nashville-Davidson--Murfreesboro--Franklin, TN Metro Area).

Census figures

American Community Survey, 2020–2024 five-year estimates

Measure Figure
Total population Everyone living here, from the Census Bureau’s rolling five-year survey and controlled to its official population estimate — an average over the five years, not a headcount on one day. Source: Table B01001 on data.census.gov ↗ 87,133 plus or minus 73
Share of population aged 65+ calculated Residents aged 65 and over as a share of all residents, added up from the survey’s age brackets. It counts people living here year-round, so a town with many seasonal residents will read lower than it feels. Source: Table B01001 on data.census.gov ↗ 14.7% plus or minus 0.9 percentage points
Median household income The midpoint of what households here earned over the twelve months before they were surveyed — half earned more, half less. Not an average, and not per person: a household can be one earner or five. Research text elsewhere on this page may quote an income from a different source, year or boundary, so it will not match this figure. Source: Table B19013 on data.census.gov ↗ $119,528 plus or minus $6,576
Median home value The midpoint of what owners estimate their own homes are worth, across owner-occupied homes only. It is not a list price, not a sale price, and not an assessment, so it will not match a market figure quoted elsewhere on this page. Source: Table B25077 on data.census.gov ↗ $705,400 plus or minus $19,866
Median gross rent The midpoint of rent plus tenant-paid utilities across occupied rental homes — what sitting renters pay, not what is being advertised to someone moving in today. Source: Table B25064 on data.census.gov ↗ $1,923 plus or minus $50
Median real estate taxes paid The midpoint of the property tax actually paid by owner-occupied households, which reflects what they own and any exemptions they hold. It is not the rate a new buyer would pay on a purchase at today’s price. Source: Table B25103 on data.census.gov ↗ $3,011 plus or minus $106
Owner households spending 30%+ of income on housing calculated Owner households whose monthly housing costs — mortgage, taxes, insurance, utilities — take 30% or more of their income, out of the owner households for which that ratio can be computed. Renters are not in this figure. Source: Table B25091 on data.census.gov ↗ 20.1% plus or minus 2.9 percentage points

3 of 7 figures are precise enough to compare with another town. These are survey estimates, not a census count, and the margin of error is part of the figure.

Key details

RegionTN
AirportBNA - 25 min (regional/international access)
ClimateHumid subtropical; long hot summers, mild winters, outdoor season most of year
Lot size0.15–0.35 ac low-maintenance lot
Home type1,900–2,600 sq ft single-family home
Key watchHigh home prices; traffic around Cool Springs and I-65; higher storm and insurance costs than many inland markets
HealthcareWilliamson Medical Center; serious care = Nashville/Vanderbilt
Best seasonApril - June and September - November
Top communityFieldstone Farms, McKay's Mill, Westhaven, Sullivan Farms, Chestnut Bend

In your free trial: more on Franklin

Retirement taxes: No state income tax · Typical home: $550K–$700K

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