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Data from U.S. Census Bureau · 2026 · Methodology
CitySpend

Franklin, TN

Population: 83,630 (2022) · Small Cities (50K–100K)

A
86/100

Excellent fiscal health — strong reserves, low debt, well-funded pensions

Total Spending
$1.2B
Per Capita
$14,081
Total Revenue
$1.4B
Total Debt
$0

Spending Breakdown

Other
26.2%$308.9M
Housing & Community Development
18.9%$222.4M
Utilities
18.5%$217.3M
Public Welfare
12.2%$143.4M
Fire Protection
8.7%$102.1M
Hospitals
7.3%$85.8M
Parks & Recreation
5.4%$63.2M
Interest on Debt
2.9%$34.4M

Spending data sourced from the Census Bureau's Annual Survey of State & Local Government Finances. Per-capita comparisons use the Lincoln Institute's Fiscally Standardized Cities methodology for fair cross-city benchmarking.

Revenue Sources

Sales Tax
0.1%$1.5M
Income Tax
7.7%$109.1M
Intergovernmental
5.2%$72.7M
Charges & Fees
10.4%$147.1M
Other
19.0%$268.0M

Per Capita Spending by Department

Fire Protection$1,221/person
Parks & Recreation$755/person

Score Breakdown

Budget Balance & Reserves (25%)89/100
Debt Burden (20%)100/100
Pension Funding (20%)76/100
Spending Efficiency (15%)89/100
Revenue Diversity (10%)100/100
Trend Direction (10%)50/100

Compare Cities

See how Franklin stacks up against another city.

vs Nashville-Davidson metropolitan government (balance), TNvs Memphis, TNvs Knoxville, TN
Data source: U.S. Census Bureau, Annual Survey of State and Local Government Finances (2023). Population from American Community Survey.

Other Cities in Tennessee

Nashville-Davidson metropolitan government (balance), TN

Pop. 684K

D
Total Spending
$33.5B
Per Capita
$48,948

Memphis, TN

Pop. 630K

B
Total Spending
$13.9B
Per Capita
$22,111

Knoxville, TN

Pop. 192K

C
Total Spending
$3.4B
Per Capita
$17,926

Chattanooga, TN

Pop. 181K

B
Total Spending
$4.4B
Per Capita
$24,150

Compare Franklin With

Nashville-Davidson metropolitan government (balance), TN

Spending: $48,948/person · Grade: D

Memphis, TN

Spending: $22,111/person · Grade: B

Knoxville, TN

Spending: $17,926/person · Grade: C

Chattanooga, TN

Spending: $24,150/person · Grade: B

Frequently Asked Questions

Franklin, TN spends $14,081 per resident, based on total expenditures of $1.2B for a population of 83,630. The city has a Fiscal Health Score of A (86/100).

Franklin, TN has total expenditures of $1.2B and total revenue of $1.4B. The city carries $0 in total debt, based on Census Bureau data from 2023.

Franklin, TN employs 0 government workers, of which 0 are full-time. The average government salary is $0, with 0.0 employees per 10,000 residents.

Franklin, TN has a Fiscal Health Score of A (86/100). This score evaluates budget balance, debt burden, pension funding, spending efficiency, revenue diversity, and 3-year fiscal trajectory compared to peer cities of similar population.

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