Can A Pharmacist Afford Rent in Franklin, KY?

Comfortably affordable — rent takes 13.9% of gross income.

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

Franklin median rent
$1,350/mo
Pharmacist salary (Kentucky)
$116,820/yr
Rent as % of income
13.9%
Gross monthly income works out to about $9,735, and the 30% rule supports up to $2,921/mo in rent. Franklin's median rent of $1,350 leaves roughly $1,571/mo of headroom under that threshold. A pharmacist works roughly 24 hours a month to cover that rent.

About rent and a pharmacist salary

Pharmacist pay covers comfortable rent in nearly every US city. At the national-average pharmacist salary, the 30% rule supports about $3,319 a month in rent — above median rent in all but a handful of high-cost coastal metros.

Cheaper rent nearby

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

Louisville, KY
$1,349/mo (13.9% of income)
Winchester, KY
$1,349/mo (13.9% of income)
Louisville, KY
$1,348/mo (13.8% of income)

Compare with full rent data for Franklin

View full rent data for Franklin, KY

Frequently asked questions

Can a pharmacist afford rent in Franklin, KY?

Median rent in Franklin is $1,350 a month. A typical pharmacist in Kentucky earns about $116,820 a year, which makes that rent 13.9% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Franklin?

Using the 30% rule, a pharmacist salary in Kentucky (~$116,820/yr) supports up to $2,921 a month in rent. Franklin's current median rent is $1,350/mo, which leaves a $1,571/mo buffer.

How many hours does a pharmacist work to cover rent in Franklin?

At an hourly equivalent of about $56 an hour, a pharmacist in Kentucky works roughly 24 hours a month to cover Franklin's median rent of $1,350.

Where is rent cheaper than Franklin for a pharmacist?

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 a pharmacist 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.