There are 4 senior apartments serving Franklin, Tennessee. This includes 1 in Franklin and 3 nearby. Senior apartment costs in Tennessee range from around $19 to $82 per day, with an average expense running about $51. The monthly expense averages roughly $1,524 and ranges between $572 and $2,464. Annually, the average cost is around $18,288, which is less than the US average of $18,480.
Costs of senior apartments in Franklin typically range between $264 per month and $2,268 per month. The average cost is $1,463 per month, or about $17,556 yearly.
Franklin is a mid-size city in Williamson County, Tennessee. It is included in the Nashville-Davidson-Murfreesboro-Franklin metro statistical area. It is the eighth largest city in Tennessee. Though the city includes 90,669 people, the encompassing statistical area has a population of 1,261,426. The senior community currently represents about 23% of the overall population.
Franklin has an above average SeniorScore™ of 79. The city has a median per capita income of $41,000. The average household income is $86,000 versus an average of $39,000 for the entire state of Tennessee. The current unemployment rate is roughly 5.5% and the average home price is $309,000, which is significantly more than the Tennessee average of $163,500.
Franklin has mild average temperatures, with comfortable winters and balmy summers. The area gets very large levels of rain each year. Franklin has a low crime rate and better than average air quality ratings in comparison to other cities in the United States.