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Franklin Apartment Features
Apartments Near Franklin
Living In Franklin, NH
Franklin, New Hampshire is a small town with a population of just over 8,000. At an average age of just over 41, the town's population is middle-of-the-pack compared to other municipalities in the state, which has an average age of 40. Most Franklin residents own their homes, and 40% of residents rent. Renting remains an affordable option, though, as the town boasts a relatively low average rent of $898/month. Over the course of a year, renters in Franklin will save around $2,300 compared to the state average.
Franklin has an average commute time of about 29 minutes. Driving a vehicle is the most common means of commuting to work, chosen by 44% of residents, while public transportation is not used. Riding a motorcycle is the second-most preferred way to get to work, chosen by 1% of workers. Relatively few workers commute on foot.
There are three primary industries in Franklin: retail, healthcare, and manufacturing. Together, these industries make up 27% of the labor force in the town. Meanwhile, in terms of job function, 12% of the town's population works in sales, which ranks as the top career path in the town. With an average annual income of around $57,000, Franklin workers earn less than their peers elsewhere in New Hampshire. The town's average income also falls below the national average ($73,345). Franklin has a high number of residents older than 25 who have earned an Associate's degree (9%) compared to the national average (5%). Furthermore, 10% possess a Bachelor's degree and 2% have a Master's or Doctoral degree.
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