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Assisted Living in Franklin, Indiana

There are 18 assisted living facilities serving Franklin, Indiana. This includes 6 facilities in Franklin and 12 nearby. Assisted living costs in Indiana range from around $37 to $274 daily, with an average expense running around $124. The monthly expense averages roughly $3,724 and ranges between $1,095 and $8,220. On a yearly basis, the average cost is around $44,685, which is above the US average of $42,000.

Assisted living costs in Franklin range from about $2,650 per month up to $6,225 per month, with a median cost of approximately $3,925 per month. This equates to a yearly cost of about $47,100.




SeniorScore™ for Franklin, Indiana



The SeniorScore™ is calculated based on over 100 variables, some of which are shown below. The final score is curved based on a linear curving method. For More info visit senioradvice.com/seniorscore.

71

SeniorScore™ Overview

  • Franklin scores lower than the Indiana average of 74.
  • Franklin scores lower than the national average of 72.
63

Health & Safety

  • There is a high number of Medicare registered physicians within the city limits.
  • There are 3 hospitals within close range of the city, including Johnson Memorial Hospital, Bhc Valle Vista Hospital, and Major Hospital.
  • There are 30 senior living facilities in close proximity to the city, including Indiana Masonic Home, Inc., Homeview Health and Rehabilitatation Center, and Morning Pointe.
  • There is a high number of home healthcare providers operating in the city.
  • There is a high number of fire stations serving the city.
  • The average life expectancy is 77.6, compared to the national average of 78.6.
  • There are 90 pharmacies within close range of the city.
  • The area has a high property crime rate.
  • The area has an average violent crime rate.
61

Recreation & Leisure

  • The city has a low percentage of seniors in the population (25% of residents).
  • There are 62 golf courses in or around the city, including Cypress Run Golf Course, Deer Valley Golf Course, and Hillview Country Club.
  • There are 2 parks near the city center (Irwin Park and Timbergate Golf Course).
  • There are 62 churches in or near the city, including Bengal Christian Church, St Rose-Lima Catholic Chr, and First Mt Pleasant Baptist Chr.
  • There are 10 malls / shopping centers within close range of the city.
  • There are 25 grocery stores within the city.
  • There are 6 movie theatres in or near the city.
  • There are 24 gyms or health clubs in or near the city.
69

Finances

  • The property taxes average 2.08% of total income, which is significantly lower than the national average of 2.79%.
  • The property taxes average 1.04% of property value, which is significantly lower than the national average of 1.09%.
  • The city sales taxes averages 7.00%, which is higher than the national average of 6.97%.
  • Indiana has an average state income tax of 3.33%, compared to the national average of 3.38%.
  • The city's mean household income is $63,868, which is lower than the national average of $64,580.
  • The city's median household income is $53,050, which is higher than the national median of $51,560.
  • The city's per capita income is $23,959, which is lower than the national average of $25,611.
  • Assisted living costs average $47,100 per year, which are high compared to national figures.
  • Nursing home costs average $97,411 per year, which are high compared to national costs.
  • Adult daycare costs average $18,070 per year, which are average compared to national numbers.
  • Home healthcare costs average $45,188 annually, which are average compared to national costs.
  • The unemployment rate is about 7.07%, which is average compared to national averages.
  • The overall cost of living is very low compared to national averages.
  • 1% of the senior population are financially responsible for at least one grandchild.
61

General Quality of Life

  • Franklin receives average levels of rainfall each year.
  • Franklin has average mean temperatures, with average winters and pleasant summers.
  • This city has average air quality.
  • This city has very poor water quality.
  • Franklin has a sparse population density of 248.0 people per square mile.
  • Residents of Franklin have an average daily commute time.
  • The city has a low public transportation ridership.
  • Franklin has a high public school quality ranking.
  • The city has a very low public school safety rating.
  • This city has an average graduation rate of 88.80%.

Franklin is a small city in Johnson County within Indiana. It is part of the Indianapolis-Carmel metropolitan statistical area. The surrounding area contains 1,443,509 inhabitants, but there are 31,036 living in the city itself. People over the age of 55 compose around 25% of the population.

Franklin has a good SeniorScore™ of 71. The city has an average per capita income of $24,000 and an average household income is $53,000 (the Indiana state average is $49,000). The current unemployment rate is approximately 7.07% and the mean home price is $186,000, which is higher than the Indiana average of $163,500.

Franklin has medium average temperatures, with medium winters and pleasant summers. The city receives average levels of precipitation annually. In comparison to other cities in the United States, Franklin has an average crime rate, very poor water quality, and average air quality ratings.

More About Franklin, Indiana

Top Assisted Living Facilities in Franklin, Indiana



Franklin Meadows - Franklin, IN

Franklin Meadows

1285 W Jefferson St

Franklin, IN 46131

1-855-240-2530

5 Reviews  

Located at 1285 W Jefferson St in Franklin, Indiana, Franklin Meadows is a 114 bed senior housing community. The surrounding area is heavily populated, with around 32,000 residents in the 46131 zip code. It is a primarily middle ...

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Christina Place - Franklin, IN

Christina Place

1435 Christian Blvd

Franklin, IN 46131

1-855-240-2530

Christina Place is a senior care community located at 1435 Christian Blvd in Franklin, Indiana. The community is in a generally middle class area, with a median per-household income of $53,146. With about 32,000 poeple living in the ...

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Morning Pointe - Franklin, IN

Morning Pointe

75 S Milford Dr

Franklin, IN 46131

1-855-238-4376

Morning Pointe is a senior care facility located at 75 S Milford Dr in Franklin, Indiana. The community is in a mostly middle class area, with an average family income of $53,146. It has a dense population, with ...

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Aspen Trace - Greenwood, IN

Aspen Trace

3154 S Sr 135

Greenwood, IN 46143

1-855-222-1541

14 Reviews  

Aspen Trace is a 104 room senior care facility situated in Greenwood, Indiana. The surrounding area is densely populated, with roughly 50,000 individuals living in the 46143 zip code. It is a generally middle class area, with ...

8 miles away from Franklin, IN

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Greenwood Village South - Greenwood, IN

Greenwood Village South

295 Village Ln

Greenwood, IN 46143

1-855-229-7494

5 Reviews  

Located at 295 Village Ln in Greenwood, Indiana, Greenwood Village South is a 137 unit senior care facility. The facility is in a primarily middle income area, with a median household income of $68,527. It is densely populated, ...

8 miles away from Franklin, IN

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The Hearth at Stones Crossing - Greenwood, IN

The Hearth at Stones Crossing

2339 S State Road 135

Greenwood, IN 46143

1-855-238-4376

Located at 2339 S State Road 135, The Hearth at Stones Crossing is a senior community serving Greenwood, Indiana. The community is in a largely middle income area, with an average household income of $68,527. With roughly 50,000 ...

9 miles away from Franklin, IN

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Bickford of Greenwood - Greenwood, IN

Bickford of Greenwood

3021 Stella Dr

Greenwood, IN 46143

1-855-221-7955

1 Review  

Bickford of Greenwood is a senior housing facility located around the Hill Valley neighborhood of Greenwood, Indiana. With around 50,000 individuals residing in the 46143 zip code, the surrounding area is heavily populated. It is a primarily middle ...

10 miles away from Franklin, IN

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Life Care Service - Greenwood, IN

Life Care Service

107 N State Road 135 Ste 206

Greenwood, IN 46142

1-855-240-2530

Located close to the Hill Valley area of the city, Life Care Service is a senior housing facility in Greenwood, Indiana. The community is in a mostly middle income area, with a median family income of $68,085. It ...

10 miles away from Franklin, IN

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Country Charm - Greenwood, IN

Country Charm

3177 Meridian Parke Dr

Greenwood, IN 46142

1-855-240-2530

Situated near by the Hill Valley area of the city, Country Charm is a senior housing facility in Greenwood, Indiana. The surrounding area has a dense population, with around 31,000 individuals residing in the 46142 zip code. It ...

11 miles away from Franklin, IN

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Crestwood Village - Indianapolis, IN

Crestwood Village

8801 Madison Ave Apt 104d

Indianapolis, IN 46227

1-855-243-3078

Situated in the South Perry area of the city, Crestwood Village is a senior care community serving Indianapolis, Indiana. The community is in a generally middle income area, with an average household income of $43,510. With roughly 58,000 ...

11 miles away from Franklin, IN

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Manorcare Health Services - Indianapolis, IN

Manorcare Health Services

8549 S Madison Ave

Indianapolis, IN 46227

1-855-241-4685

10 Reviews  

Situated in the South Perry area of Indianapolis, Indiana, Manorcare Health Services is a 140 unit nursing care facility. With roughly 58,000 people residing in the 46227 zip code, the neighboring area has a dense population. It is ...

11 miles away from Franklin, IN

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Frequently Asked Questions



Question
What is the cost of assisted living in the state of Indiana?

Answer
Assisted living in Indiana averages about $124 daily (ranging from $37 to $274), $3,724 monthly (ranging from $1,095 to $8,220), and $44,685 yearly (ranging from $13,140 to $98,640). By comparison, the national averages are $117 daily, $3,500 monthly, and $42,000 yearly.

Question
What does assisted living cost in Franklin?

Answer
The cost of assisted living in Franklin, Indiana ranges from about $2,650 up to $6,225 monthly. The median cost is about $3,925 monthly, or about $47,100 annually.

Question
What services are included with assisted living?

Answer
Services generally included with assisted living are hygiene assistance, spiritual programs, help with dressing, toileting assistance, and meal preparation. Private and semi-private rooms are usually available depending on the budget.

Question
Are there any assisted living communities in Franklin that accept Medicaid?

Answer
Miller's Merry Manor Indianapolis East, ManorCare Assisted Living of Summer Trace, Beech Grove Meadows, Lawrence Manor Healthcare Center, and Indiana Masonic Home are accepting Medicaid for assisted living in Franklin.

Question
How many seniors live in Franklin?

Answer
It has a population of 31,036, with 1,640,605 inhabitants in the surrounding statistical area. Residents who are 55 and over compose approximately 25% of the community.

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