Money's list of America's best small cities


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52. Franklin, TN
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Franklin
WINNER
Top 100 rank: 52
Population: 62,600
Compare Franklin to Top 10 Best Places
Franklin residents respect the past -- yet are eager to embrace the future. In the well-preserved 15-block historic district, parking garages are equipped with charging stations for electric cars. While most residents make the 20-mile commute to Nashville, some live and work in Franklin thanks to major employers like Nissan and Community Health Systems. Franklin's May unemployment rate of 5.6% isn't the lowest on our list, but well below Tennessee's overall 7.9%. --E.R.
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Franklin stats
  City stats Best places avg.
Median family income
(per year)
$99,602 $96,825
Job growth %
(2000-2011)*
25.26% 25.01%
See jobs near Franklin
Median home price $279,995 $269,768
See Franklin homes for sale
Test scores reading
(% above/below state average)
93.4% 28.2%
Test scores math
(% above/below average)
108.1% 29.2%
Personal crime incidents (per 1,000) 2 2
Property crime incidents (per 1,000) 17 20
Restaurants
(within 15 miles)
1,755 3,134
High temp in July ° F 88.9° 86.8°
Low temp in Jan ° F 25.2° 18.4°
Median age 38.9 35.2
Financial City stats Best places avg.
Median family income
(per year)
$99,602 $96,825
Family purchasing power
(annual, cost-of-living adjusted)
$111,536 $93,218
State sales tax 7.00% 5.57%
State income tax rate
(highest bracket)
0.00% 7.31%
State income tax rate
(lowest bracket)
0.00% 3.08%
Auto insurance premiums
(Average price quotes, for the state)
$1,146 $1,596
Job growth %
(2000-2011)*
25.26% 25.01%
See jobs near Franklin
Housing
Median home price $279,995 $269,768
Average property taxes
(2010)
$2,992 $6,517
See Franklin homes for sale
Education
Colleges, universities and
professional schools (within 30 miles)
17 8
Test scores reading
(% above/below state average)
93.4% 28.2%
Test scores math
(% above/below average)
108.1% 29.2%
% students attending public/private
schools (located within town limits)
85.8/14.2 91.5/8.5
Quality of life
Air quality index*
(% of days AQI ranked as good)
83.3% 77.3%
Personal crime incidents (per 1,000) 2 2
Property crime incidents (per 1,000) 17 20
Median commute time (in minutes) 21.7 22.2
% population with commute
45 mins. or longer
8.1% 14.9%
% population walk or bike to work 1.9% 3.2%
Leisure and culture
Movie theaters
(within 15 miles)
22 33
Restaurants
(within 15 miles)
1,755 3,134
Bars
(within 15 miles)
131 199
Public golf courses
(within 30 miles)
70 169
Libraries
(within 15 miles)
38 70
Museums (accredited by AAM;
within 30 miles)
4 10
Ski resorts (within 100 miles) 0 6
Arts funding (Dollars per person of state funds spent on arts) 1.5 1.4
Weather
Annual rainfall
(inches)
54.33 34.21
% clear days in the area 28 32
High temp in July ° F 88.9° 86.8°
Low temp in Jan ° F 25.2° 18.4°
Median age 38.9 35.2
Completed at least some college
(% of residents)
74.6% 72.6%
Married % 62.6% 57.9%
Divorced % 9.2% 8.0%
Racial diversity index
(100 is national average; higher numbers indicate greater diversity)
55.7 118.4
From the September 2012 issue
Notes: *County data

Due to an error by our data provider, an earlier version listed incorrect stats for this city's number of colleges.
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Using statistics from data services company Onboard Informatics, we crunched the numbers in order to zero in on America's best small cities for families. (Last year, we looked at small towns, with populations between 8,500 and 50,000.) More

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