CitytisticsShortlist

Franklin, TN vs Lafayette, CO

Franklin

Tennessee

vs

Lafayette

Colorado

Across 36 directional measures we can compare, Franklin leads on 22 and Lafayette on 14. Counting measures is not an overall verdict: their importance depends on your priorities. Median rent is 10% higher in Lafayette, while median household income is higher in Franklin.

Median gross rent
$1,923$2,121
Franklin is 9% lower
Median household income
$119,528$119,040
Franklin is 0% higher
Median home value
$705,400$686,500
Franklin is 3% higher

The Citytistics read

  • After the median rent, with other prices set to the US average, the median household has about $101,900 a year left in Franklin and $98,900 in Lafayette. Money goes further in Franklin, by about $3,000 a year.
  • A household earning Franklin's median of $119,528 would need about $122,000 in Lafayette to keep the same money after rent and local prices.
  • Between the 2019 and 2024 surveys, rent outran pay by 1.4 points a year in Franklin, and rent and pay rose at about the same pace in Lafayette.

How these are calculated

ColoradoTennesseeLafayette, COFranklin, TNFranklinLafayetteFranklinLafayette

Which fits you?

Both start on the Citytistics Index (CTX). Move the sliders to weigh what matters to you and the score becomes your own mix.

Your weights

Top 2 of 2 matching places. Places in the top 1% show their national rank.

#PlaceCTXAffordabilityEconomyEducationSafetyCommuteAmenitiesGrowth
01Franklin, TNComposite 64.6 / 100
86
37899265575663
02Lafayette, COComposite 57.1 / 100
69
29789135597164

CTX is the Citytistics Index: better than that share of the places we rate. It tops out at 99, so the top 1% show their national rank (#1 is best). Change any weight to rank on your own mix. How the CTX is built

Every measure

The dots show where each place sits among the 6,645 places we track. The bar is the median. A small dot after a value marks the better one.

MeasureFranklinLafayetteAmong all places
Cost of living
Median gross rent1$1,923$2,121
Rent to income119.3%21.4%
Property tax rate10.4%0.5%
Home price to income15.9x5.8x
Prices vs US average296.3105.2
Fair market rent, 2 bedrooms3$1,798$2,033
HUD area median income4n/a$150,000
Housing
Property tax paid (median)1$3,011$3,258
Median home value1$705,400$686,500
Home prices, 1-year change52.8%-0.1%
Home prices, 5-year change568.8%35.3%
Homeownership163.8%65.7%
Renters paying 30%+147.0%54.5%
Owner costs with a mortgage1$2,542$2,513
Vacant homes16.2%2.4%
Median year built120021994
Jobs and income
Median household income1$119,528$119,040
Income per person1$61,761$62,261
Unemployment12.2%3.8%
Average annual pay6$90,424$101,259
Pay growth, 1 year63.6%5.0%
Jobs6151,470191,487
Poverty rate14.7%5.6%
Mean commute124 min24 min
Works from home130.4%30.1%
Commutes by transit10.7%2.6%
People
Population187,13330,602
Population change since 202078.0%-0.8%
Median age138.639.1
Bachelor's or higher164.5%63.5%
High school or higher195.5%95.0%
Household size12.52.4
Born abroad111.9%10.8%
No health insurance14.7%4.3%
Homes with broadband196.0%95.3%
Moving
Moved here in the past year111.1%6.5%
Moved from another state14.4%2.0%
Net movers per 1,000 people810.3-6.1
Income of households moving in8$162,971$98,093
Income of households moving out8$124,982$88,532
Local life
Restaurants and bars per 10k921.826.7
Shops per 10k933.334.6
Arts, recreation and fitness per 10k915.110.6
Doctors' offices and clinics per 10k931.340.9
Child care centers per 10k92.02.6
Parks per 10k106.729.4
Playgrounds per 10k109.428.1
Grocery stores per 10k102.52.0
Restaurants, cafes and bars per 10k1023.921.6
Libraries per 10k100.30.7
Named paths and bike trails1015.815.8
Transit stops per sq mi103.513.0
Nearest National Park Service site1123.435.7
National Park Service sites within 60 miles1112
National Register listings12818
Founded or incorporated1317991888
Safety
Violent crime per 100k14171284
Property crime per 100k146881,577
Schools
Public schools15258
Public school students1516,1205,424
Students per teacher15n/a17.6
Climate
July average high1689°F81°F
January average low1628°F17°F
Average temperature1659°F45°F
Annual precipitation1653.5 in20.6 in
Hazards and air
Natural hazard risk1785.290.7
Hurricane risk1741.0n/a
Tornado risk1788.992.6
Wildfire risk1739.897.9
Heat wave risk1772.560.4
Median air quality index184048
Good air days1888.9%58.4%

Data bundle checked 2026-11-14; individual source vintages vary. Rent needed at the 30% line: Franklin $76,920, Lafayette $84,840 a year.

Sources and methods

The small numbers beside each measure point here. Links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  5. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  6. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  7. Population Estimates · US Census Bureau · Vintage 2025
  8. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  9. County Business Patterns · US Census Bureau · 2023 data
  10. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  11. National Park Service sites · Wikidata (CC0), units operated by the National Park Service · Retrieved 2026-11
  12. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  13. Wikidata · Wikimedia Foundation (CC0) · Retrieved 2026-11
  14. Crime Data Explorer · Federal Bureau of Investigation · 2025 data
  15. Common Core of Data · National Center for Education Statistics · 2024 release
  16. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  17. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  18. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

Survey figures are estimates with margins of error. Formulas and definitions: methodology.

Keep comparing

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