Moving to Franklin: Pros, Cons & What to Know

Moving to Franklin means moving into a real central New Hampshire former mill city with a genuine economic-transition story and a distinctive whitewater-park redevelopment.

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A real, genuine economic-transition story

Franklin's median household income ($71,648) and 7.03% poverty rate run below several other NH Tier B markets in this batch -- a real, disclosed contrast this record credits directly (base record).

A real, distinctive redevelopment anchor

Mill City Park's Whitewater Park -- New England's first -- is built directly on former mill-dam ruins on the Winnipesaukee River; this record discloses a real, unverified gap on its current 2026 completion status against original projections (base record).

Genuinely favorable housing and property tax

Franklin's property tax rate (1.71% effective per Ownwell) runs below New Hampshire's own statewide median, and housing runs genuinely more affordable than several other NH Tier B markets in this batch (base record).

A genuinely older population than the other five NH markets in this batch

Franklin's senior (65+) population share runs approximately 21.93%, above New Hampshire's own statewide anchor -- the one market in this six-market batch where that threshold is crossed (base record).

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.