Can A Paramedic Afford Rent in Franklin, IN?
Rent-burdened — rent takes 44.3% of gross income.
Franklin rent: June 2026. Salary: BLS OEWS May 2024 (Indiana state estimate).
About rent and a paramedic salary
Paramedic and EMT base pay sits modestly below the US median household income and is often supplemented by overtime. At the national-average paramedic salary, the 30% rule supports about $1,330 a month in rent.
Cheaper rent nearby
These Indiana cities have lower median rent than Franklin, which improves the affordability math on a paramedic salary:
Compare with full rent data for Franklin
View full rent data for Franklin, IN →Frequently asked questions
Can a paramedic afford rent in Franklin, IN?
Median rent in Franklin is $1,808 a month. A typical paramedic in Indiana earns about $48,926 a year, which makes that rent 44.3% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can a paramedic afford in Franklin?
Using the 30% rule, a paramedic salary in Indiana (~$48,926/yr) supports up to $1,223 a month in rent. Franklin's current median rent is $1,808/mo, which is $585/mo over the affordability threshold.
How many hours does a paramedic work to cover rent in Franklin?
At an hourly equivalent of about $24 an hour, a paramedic in Indiana works roughly 76.9 hours a month to cover Franklin's median rent of $1,808.
Where is rent cheaper than Franklin for a paramedic?
Nearby Indiana cities with lower median rent include Lebanon ($1,806/mo), Granger ($1,805/mo), Brownsburg ($1,802/mo). Each shifts the affordability math materially on a paramedic salary.