There are 12 independent living communities serving Franklin, Kentucky. This includes 1 community in Franklin and 11 nearby. Independent living costs in Kentucky range from around $22 up to $154 daily, with a median cost running about $60. The per month expense averages about $1,795 and ranges between $649 and $4,620. Annually, the median cost is around $21,540, which is under the national average of $23,100.
Franklin is a small city in Simpson County, Kentucky. While the surrounding metro area includes 1,261,664 residents, there are 16,785 residing within the city limits. The 55-and-over community comprises around 27% of the overall population.
Franklin has a good SeniorScore™ of 70. The city has a mean per capita income of $21,000. The median household income is $40,000 in comparison to an average of $37,000 for the state of Kentucky. The current unemployment rate is around 8.98% and the median home price is $85,500, which is significantly lower than the state average of $124,500.
Franklin has mild average temperatures, with comfortable winters and balmy summers. The city gets very heavy levels of rain annually. Compared to other cities, Franklin has an average crime rate and average air quality.