Pros and Cons of Living in Franklin

Franklin's core trade-off pairs a genuinely low crime rate and highly-rated schools against this batch's highest home prices and a real multi-district complication.

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Pro: a genuinely low crime rate

Franklin's crime rate ran 3.2x below the national average per City-Data's 2024 index, with both violent and property crime below national figures across every measure reviewed this pass.

Pro: highly-rated schools and an affluent, family-oriented community

Franklin's public schools are highly rated, and its median household income ($106,894) is the highest in this five-city batch -- a genuine combination for family-oriented buyers who can afford it.

Con: the priciest housing market in this batch

Franklin's home values ($385,000-$474,000 depending on sale vs. list price) run substantially above Wisconsin's own statewide median -- genuinely the most expensive market in this five-city Wisconsin batch.

Con: a genuinely complex multi-district tax and school structure

Franklin's multiple overlapping school districts mean up to three different tax rates and different school assignments may apply depending on the specific address -- a real complication requiring direct confirmation.

Key takeaways

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.