How many renters in Franklin, TN pay more than 30% of their income on rent?

47.0% (±5.1 points) of renting households in Franklin, TN spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

36.8% spend 35% or more.

The median renting household spends 28.7% of its income on rent.

Figures last updated on .

Paying 30% or more
47.0% (±5.1 points)
Paying 35% or more
36.8% (±4.4 points)
Median share of income
28.7% (±2.1 points)

Rent as a share of income in Franklin

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentFranklinWilliamson CountyTennesseeUnited States
Less than 15%10.3% (±2.9 points)12.0%13.7%12.6%
15% to 19.9%18.3% (±3.7 points)17.4%12.5%12.2%
20% to 24.9%13.3% (±3.5 points)11.5%13.2%12.6%
25% to 29.9%11.1% (±2.7 points)10.2%11.7%11.5%
30% to 34.9%10.2% (±2.5 points)10.3%9.1%9.2%
35% or more36.8% (±4.4 points)38.5%39.7%41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Franklin against Williamson County, its state and the nation

Estimate (90% margin of error)
FranklinWilliamson CountyTennesseeUnited States
Paying 30% or more47.0% (±5.1 points)48.8% (±4.7 points)48.8% (±0.6 points)51.1%
Paying 35% or more36.8% (±4.4 points)38.5% (±4.0 points)39.7% (±0.5 points)41.9%
Median share of income28.7% (±2.1 points)29.4% (±2.1 points)29.5% (±0.2 points)30.6%
Median renter household income$84,345 (±$8,280)$82,763 (±$6,094)$46,745 (±$535)$52,966
Median gross rent$1,923 (±$50)$1,969 (±$53)$1,189 (±$7)$1,413

In Franklin, the share of renters paying 30% or more of income is not measurably different from Williamson County (48.8%).

It is not measurably different from Tennessee (48.8%).

It is not measurably different from the national figure (51.1%).

In Williamson County, Franklin ranks 4 of 6 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 160 of 403.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Franklin

Nearest places with a published estimate, compared with Franklin
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Franklin—47.0% (±5.1 points)—
Brentwood7.2 mi52.1% (±13.7 points)Not measurably different
Thompson's Station7.7 mi66.4% (±41.3 points)Not measurably different
Nolensville11 mi39.9% (±30.1 points)Not measurably different
Forest Hills11 mi0.0% (±66.6 points)Not measurably different
Oak Hill11 mi8.3% (±53.5 points)Not measurably different
Spring Hill12 mi41.6% (±8.1 points)Not measurably different
Belle Meade13 mi81.5% (±73.2 points)Not measurably different
Berry Hill15 mi47.7% (±11.6 points)Not measurably different

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Williamson County, place by place

RankPlaceRenters paying 30% or more of income
1Thompson's Station66.4% (±41.3 points)
2Brentwood52.1% (±13.7 points)
3Fairview50.2% (±16.7 points)
4Franklin47.0% (±5.1 points)
5Spring Hill41.6% (±8.1 points)
6Nolensville39.9% (±30.1 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Franklin

Are renters in Franklin rent-burdened?

47.0% of renting households in Franklin pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Franklin spend on rent?

The median renting household in Franklin, TN spends 28.7% (±2.1 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Franklin city, Tennessee (place:27740, in state:47).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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