Franklin vs Memphis
| Franklin | Memphis | |
|---|---|---|
| Population | 83,630 | 630,027 |
| Median Household Income | $119,528 | $51,736 |
| Median Home Value | $705,400 | $169,000 |
| Median Gross Rent | $1,923/mo | $1,181/mo |
| Homeownership Rate | 63.8% | 44.9% |
| Unemployment Rate | 2.2% | 8.3% |
| Bachelor's Degree or Higher | 64.5% | 28.0% |
| Median Age | 38.6 | 34.2 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.