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Franklin, KY, is a small community known for Kentucky Downs, a prominent Thoroughbred track hosting prestigious races like the Kentucky Turf Cup and the Mint Million. Adjacent to the track, Mint Casino features over 1,000 slot machines, table games, a steakhouse, and a bar, attracting various performers. Despite limited local employment, residents benefit from proximity to Bowling Green and Nashville, which offer additional job opportunities and vibrant nightlife. Housing in Franklin is relatively affordable, with a mix of ranch styles, bungalows, wood-frame houses, and newer developments featuring New Traditional and Contemporary styles. The median home price aligns with the state median but is lower than in nearby cities. Simpson County Public Schools have a high graduation rate and average proficiency in math and reading. Main Street offers dining options, including fast-food restaurants, a diner, and cafes, while additional eateries are found along Nashville Road. Jim Roberts Community Park provides recreational amenities such as horse show rings, pavilions, a walking path, and athletic facilities. For more extensive shopping and dining, residents often travel to Nashville or Bowling Green. Commuting is primarily by car, with major employers located in these nearby cities. Franklin's medical center offers emergency care, with advanced services available in Bowling Green. The community has a lower violent crime rate compared to state and national averages.
On average, homes in Franklin, KY sell after 76 days on the market compared to the national average of 53 days. The median sale price for homes in Franklin, KY over the last 12 months is $254,900, up 4% from the median home sale price over the previous 12 months.