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