October 26, 2016
The Franklin Patch
by J. R. Lind
FRANKLIN, TN — Rapid job growth, high incomes, historic sites and bucolic vistas make Franklin one of America’s 50 Best Cities to Live in, says a national business website.
The 24/7WallSt.com site ranks Franklin at No. 36 on its list of best places to call home.
Extra weight was given to the job picture in cities as the site drew up its list, which certainly boosted Franklin with its rosy growth picture.
Here’s how the site described Franklin:
> Population: 72,635
> Median home value: $347,700
> Poverty rate: 8.7%
> Pct. with at least a bachelor’s degree: 57.7%
Franklin has long been one of the wealthiest cities in Tennessee. The typical household in the city earns $91,786 a year, nearly twice the $47,275 median annual household income statewide. A battleground during the Civil War, Franklin is home to a number of historic sites and museums. It also has a high concentration of other attractions, including restaurants and fitness centers.
Located a short distance from Nashville, most Franklin residents commute outside of the city for work. Franklin is also one of the fastest growing economies in Tennessee. The number of jobs in the city grew 4.9% between 2013 and 2015, outpacing all nearly every city in the state. The largest employers in the city are Community Health Systems and Nissan, both of which added jobs over the decade.
Most of the cities on the list are, like Franklin, suburbs of large metro area within commuting distance of the urban center.
The website says the top 5 cities are:
- Broomfield, Colorado
- Meridian, Idaho
- Richardson, Texas
- Johns Creek, Georgia
- Lee’s Summit, Missouri
To determine America’s best cities to live in, 24/7 Wall St. reviewed data on the 550 U.S. cities with populations of 65,000 or more as measured by the U.S. Census Bureau. Based on a range of variables, including crime rates, employment growth, access to restaurants and attractions, educational attainment, and housing affordability, the website made its list.