Residential comparison · 13 facts
Franklin, IN vs Marion, IN
Compare the housing, tax, cost, income, safety, school, and climate facts that are available for both places. The table shows the numbers without declaring one city universally better.
A household earning $85,000 in Franklin needs about $81,500 in Marion to keep the same lifestyle.
Coming from Marion, $85,000 of lifestyle costs about $88,500 in Franklin.
A few differences
- Franklin is higher on median household income ($82,380 vs $43,343).
- Marion is lower on cost of living index (71 vs 81).
- Marion is lower on 2-bedroom rent ($837/mo vs $975/mo).
Franklin vs Marion · facet by facet
| Facet | Franklin, IN | Marion, IN |
|---|---|---|
| Median home price | $231,500 | $85,300 |
| 2-bedroom rent | $975/mo | $837/mo |
| Property tax rate | 0.83% | 0.83% |
| State & local income tax | 4.75% | 4.75% |
| Sales tax | 7% | 7% |
| Cost of living index | 81 | 71 |
| Groceries index | 95 | 95 |
| Utilities | $165/mo | $165/mo |
| Median household income | $82,380 | $43,343 |
| Unemployment rate | 3.6% | 3.6% |
| Crime index | 45/100 | 45/100 |
| School rating | 5.8/10 | 5.8/10 |
| Sunny days / year | 190 days | 190 days |
Data: Census ACS 2024 · BLS · Tax Foundation 2024 brackets · HUD/Zillow · NOAA 1991–2020 · FEMA NRI · Values are shown as reported; no universal winner is implied.
Full profiles: Franklin, IN · Marion, IN
Questions & answers
- Is Franklin cheaper than Marion?
- Marion has the lower day-to-day cost index (71 vs 81 against a national 100). The other differences are shown facet by facet in the table.
- What household income in Marion equals $85,000 in Franklin?
- A household earning $85,000 in Franklin needs about $81,500 in Marion to keep the same lifestyle; coming the other way, $85,000 of Marion lifestyle costs about $88,500 in Franklin.