Living in Franklin, NH
Merrimack County
Franklin is a real central New Hampshire former mill city in Merrimack County, at the confluence of the Pemigewasset and Winnipesaukee Rivers, with a real, genuine economic-transition story this record discloses honestly rather than softening. Franklin's 2026 population runs approximately 8,855, with a median household income of approximately $71,648 and a real, cited 7.03% poverty rate -- both figures running below several other NH Tier B markets in this same six-market research batch. Franklin's real, distinctive current redevelopment anchor is Mill City Park's Whitewater Park -- New England's first whitewater park, built directly on and around former mill-dam ruins on the Winnipesaukee River -- though this record discloses directly that this pass did not independently verify the park's current 2026 completion status against its original visitor/economic-impact projections, a real, disclosed gap. Franklin's property tax runs genuinely favorable (1.71% effective per Ownwell, below New Hampshire's own statewide median), and Franklin hosts its own hospital (Franklin Regional Hospital, now Concord Hospital-Franklin) directly within city limits. Franklin's senior (65+) population share runs approximately 21.93% -- above New Hampshire's own statewide anchor, making Franklin the one market in this six-market NH batch to use the retiring topic. Franklin's crime data carries a genuinely mixed, disclosed signal: near-average national victim-odds figures alongside a rate running higher than approximately 86% of New Hampshire communities.
Explore Franklin in depth
- Moving to Franklin: Pros, Cons & What to Know
- Cost of Living in Franklin
- Housing in Franklin
- Taxes & Insurance in Franklin
- Climate in Franklin
- Schools & Families in Franklin
- Healthcare & Safety in Franklin
- Retiring in Franklin
- Pros and Cons of Living in Franklin
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Learn moreHousing
Taxes
Not independently sourced at the Merrimack County level this session. New Hampshire carries no income tax statewide. See the New Hampshire hub page for the statewide property tax context -- do not treat that figure as Franklin-specific.
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Get local guidanceThe tradeoffs
Pros
Genuinely affordable housing relative to several other NH Tier B markets in this batch, alongside a real, favorable property tax rate (1.71% effective, below New Hampshire's own statewide median). A real, distinctive outdoor-recreation redevelopment anchor in Mill City Park's Whitewater Park, built directly on former mill-dam ruins. A real, genuine local hospital (Franklin Regional Hospital / Concord Hospital-Franklin) located directly within city limits. Real, disclosed permit-volume growth (+91% from 2019 to 2024) suggesting present-day development momentum. New Hampshire's real, statewide tax advantages (no wage-income tax, no sales tax, no I&D tax as of the 2025 repeal).
Cons
A real, disclosed economic-transition story: median household income ($71,648) and a 7.03% poverty rate both run below several other NH Tier B markets in this batch. A genuinely mixed, disclosed crime signal -- Franklin's rate runs higher than approximately 86% of New Hampshire communities specifically. A below-average, cited school graduation rate (~78%) relative to several other NH Tier B markets in this batch. A real, disclosed gap in this pass's verification of Mill City Park's current 2026 completion status against its original visitor/economic-impact projections.
Who this fits
Best for: Best fits affordability-focused movers and retirees drawn to Franklin's genuinely lower housing costs and favorable property tax rate, and outdoor-recreation enthusiasts drawn to Mill City Park's distinctive whitewater-park redevelopment, who have separately, honestly weighed Franklin's real, disclosed economic-transition profile and mixed crime signal.
Maybe not for you if: Probably not the right fit for movers prioritizing New Hampshire's strongest school-performance metrics or the most favorable relative-to-NH crime profile -- Franklin's own cited ~78% graduation rate and its crime rate running higher than approximately 86% of NH communities are both real, disclosed considerations this record does not soften.
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