There are 20 independent living communities serving Franklin, Indiana. This includes 4 communities in Franklin and 16 nearby. The daily costs for independent living in Indiana range from $20 up to $151, with a mean cost running approximately $68. The monthly cost averages around $2,048 and ranges between $602 and $4,521. On a yearly basis, the median cost is around $24,576, which is over the nationwide average of $23,100.
The cost for independent living in Franklin, IN generally ranges from around $1,458 per month to $3,424 per month. The average cost is around $2,159 per month, or around $25,905 yearly.
Franklin is a small city in the State of Indiana. It is located in Johnson County and is part of the Indianapolis-Carmel metropolitan area. The surrounding metropolitan area contains 1,443,509 people, but there are 31,036 residing within the city itself. People over 55 make up about 25% of the total population.
The SeniorScore™ for Franklin is 71. The city has a median per capita income of $24,000. The average household income is $53,000 in comparison to the average of $49,000 for the whole of Indiana. The current unemployment rate is around 7.07% and the average home price is $186,000, which is relatively higher than the Indiana average of $163,500.
Franklin has medium average temperatures, with medium winters and pleasant summers. The area gets average amounts of rain annually. In relation to similarly-sized cities, Franklin has a moderate rate of crime, very poor water quality ratings, and moderate air quality ratings.