Memphis vs Franklin
Side-by-side comparison
How does Memphis, TN compare to Franklin, TN? Memphis has a population of 629,063 with a median household income of $51,211, while Franklin has 85,575 residents and a median income of $115,000. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Memphis, TN | Franklin, TN | Difference |
|---|---|---|---|
| Population | 629,063 | 85,575 | +635.1% |
| Median Age | 34.3 | 37.8 | -9.3% |
| Foreign Born % | 7.4% | 11.5% | -35.7% |
| Metric | Memphis | Franklin | Difference |
|---|---|---|---|
| Median Income | $51,211 | $115,000 | -55.5% |
| Unemployment | 8.3% | 2.4% | +245.8% |
| Poverty Rate | 22.5% | 4.8% | +368.8% |
| Bachelor's+ | 28.2% | 64.3% | -56.1% |
| Metric | Memphis | Franklin | Difference |
|---|---|---|---|
| Home Value | $157,100 | $646,300 | -75.7% |
| Median Rent | $1123/mo | $1861/mo | -39.7% |
| Housing Units | 292,290 | 34,971 | +735.8% |