Can An Electrician Afford Rent in Franklin, KY?

Comfortably affordable — rent takes 26.3% of gross income.

Franklin rent: May 2026. Salary: BLS OEWS May 2024 (Kentucky state estimate).

Franklin median rent
$1,350/mo
Electrician salary (Kentucky)
$61,512/yr
Rent as % of income
26.3%
Gross monthly income works out to about $5,126, and the 30% rule supports up to $1,538/mo in rent. Franklin's median rent of $1,350 leaves roughly $188/mo of headroom under that threshold. An electrician works roughly 45.6 hours a month to cover that rent.

About rent and an electrician salary

Electrician pay is competitive with many four-year-degree occupations and covers comfortable rent across most US metros. Union journeymen in high-cost cities often earn well above the BLS mean once overtime and benefits are counted, which expands affordability further. At the national-average electrician salary, the 30% rule supports about $1,748 a month in rent. The per-city pages show where rent stays in range and where it begins to pinch.

Cheaper rent nearby

These Kentucky cities have lower median rent than Franklin, which improves the affordability math on an electrician salary:

Louisville, KY
$1,349/mo (26.3% of income)
Winchester, KY
$1,349/mo (26.3% of income)
Louisville, KY
$1,348/mo (26.3% of income)

Compare with full rent data for Franklin

View full rent data for Franklin, KY

Frequently asked questions

Can an electrician afford rent in Franklin, KY?

Median rent in Franklin is $1,350 a month. A typical electrician in Kentucky earns about $61,512 a year, which makes that rent 26.3% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can an electrician afford in Franklin?

Using the 30% rule, an electrician salary in Kentucky (~$61,512/yr) supports up to $1,538 a month in rent. Franklin's current median rent is $1,350/mo, which leaves a $188/mo buffer.

How many hours does an electrician work to cover rent in Franklin?

At an hourly equivalent of about $30 an hour, an electrician in Kentucky works roughly 45.6 hours a month to cover Franklin's median rent of $1,350.

Where is rent cheaper than Franklin for an electrician?

Nearby Kentucky cities with lower median rent include Louisville ($1,349/mo), Winchester ($1,349/mo), Louisville ($1,348/mo). Each shifts the affordability math materially on an electrician salary.

Methodology: Salary uses the BLS-derived Kentucky state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Franklin, KY. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.