There are 18 independent living communities near Franklin, Wisconsin. Independent living costs in Wisconsin range from around $17 up to $179 per day, with a median expenditure running around $71. The per month cost averages about $2,117 and ranges between $501 and $5,362. On an annual basis, the average cost is about $25,410, which is higher than the national average of $23,100.
Costs of independent living in Franklin generally range between $1,429 per month and $3,065 per month. The median cost is $2,243 per month, or around $26,912 annually.
Franklin is a small city in the State of Wisconsin. It is located in Milwaukee County and is included in the Milwaukee-Waukesha-West Allis metro statistical area. While the surrounding metro area contains 1,269,645 inhabitants, there are 34,863 living in the city limits. Around 28% of the residents are 55 and over.
Franklin has a good SeniorScore™ of 77. The city's mean household income is $79,000 ($35,000 on a per capita basis), compared to an average of $52,000 for the whole of Wisconsin. The mean home price in Franklin is $349,500, which is somewhat higher than the Wisconsin average of $234,000. Franklin has a low unemployment rate of around 4.95%.
Franklin has very harsh average temperatures, with cold winters and calm summers. The area receives low amounts of rainfall each year. In comparison to similarly-sized cities, Franklin has low air quality ratings, good water quality, and an exceptionally low rate of crime.