The 5 Best Assisted Living Facilities in Franklin, IN for 2024

There are 8 Assisted Living Facilities in the Franklin area, with 4 in Franklin and 4 nearby.

The average cost of assisted living in Franklin is $3,707 per month. This is lower than the national median of $3,750. Cheaper rated regions include Greenwood with an average starting cost of 3,856.

To help you with your search, browse the 623 reviews below for assisted living facilities in Franklin. On average, consumers rate assisted living in Franklin 4.66 out of 5 stars. Better rated regions include Shelbyville with an average rating of 4.83 out of 5 stars.

Caring.com has helped thousands of families find high-quality senior care. To speak with one of our Family Advisors about assisted living options and costs in Franklin, call (855) 948-3865.

Located about a 20-minute drive from Indianapolis, Franklin, Indiana, is a small city with quite a substantial senior community. Approximately, 27.8 percent of the people in Franklin are age 55 or older, and the area has seven assisted living facilities to meet their needs. These facilities are classified into two categories: assisted living facilities and residential care facilities. Both offer assistive services, such as help with dressing, cleaning, and bathing, but residential care facilities also offer basic nursing services and assistance with medication administration. The Indiana State Board of Health Facility Administrators regulates residential care facilities but assisted living communities are only required to file a disclosure form with the Family and Social Services Division of Aging.

• Access Johnson County offers a fixed route bus service that connects to IndyGo’s routes, as well as the Veteran Transportation Services, transports veterans to and from Roudebush VA Hospital for free. IndyGo has a half-rate fare for seniors 65 and older. Also, Johnson County Senior Services offers transportation to seniors on a donation-only basis, making it easy to run errands on a low or fixed income.
  
  
• Franklin’s cost of living is on par with Indiana’s state average, but it's 11 percent lower than the national average. Because of this, seniors shouldn’t have a problem finding affordable options for things like groceries and health care.
  
  
• Indiana seniors can enjoy their Social Security income tax-free. However, withdrawals from retirement accounts and pension income are taxed at a rate of 3.23 percent.
  
  
• The Franklin area is home to world-class medical facilities, including Johnson Memorial Hospital, in the event of medical emergencies or illness.
  
  
• Franklin’s crime rate is higher than 96 percent of the cities and towns in Indiana. Also, when compared to communities of similar sizes, the crime rate in Franklin, for both violent and property crime, is quite a bit higher than average. This could be a problem for seniors who are concerned about their safety when venturing away from their assisted living community.
  
  
• The Franklin Active Adult Center hosts a variety of activities for seniors including crafts, BINGO, line dancing, exercise classes, and movie nights. They also take seniors on day trips throughout the year.

Assisted Living costs in Franklin start around $3,707 per month on average, while the nationwide average cost of assisted living is $4,000 per month, according to the latest figures from Genworth’s Cost of Care Survey.

It’s important to note that assisted living rates in Franklin and the surrounding suburbs can vary widely based on factors such as location, the level of care needed, apartment size and the types of amenities offered at each community.

While many families use their own funds or personal assets to pay for assisted living, there are plenty of additional options to cover these costs. Some additional ways to finance assisted living costs include:

• Veterans Benefits
• Life Insurance Policy
• Long-Term Care Insurance
• Reverse Mortgage

For more information about different ways to finance assisted living, visit our Assisted Living in Indiana page.