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Accounting Degree in Franklin, TN — Salary & ROI 2026

Accounting degree analysis for Franklin, TN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$73K

COL-adjusted

Mid-Career

$107K

COL-adjusted

ROI Payback

3.2 yrs

in Franklin

Cost of Living

118.5

index (100 = avg)

Accounting in Franklin, TN Overview

While Franklin has a smaller college scene with 4 institutions, Accounting students benefit from lower tuition costs. Room and board averages $15,807/year, and the car-friendly layout shapes the student experience. Accounting enrollment is stable nationwide, with steady demand for graduates skilled in Financial Reporting and Tax Preparation. The adjusted starting salary in Franklin is approximately $73,470.

Category

Business

Local Colleges

4

Public Tuition

$10,100/yr

Private Tuition

$32,000/yr

Room & Board

$15,807/yr

Avg Fin. Aid

$15,962/yr

Unemployment

3.6%

Graduation Rate

56%

Accounting Salary in Franklin (COL-Adjusted)

Salaries adjusted for Franklin's cost of living index of 118.5 (national average = 100).

Entry Level (0-2 yrs)
$73,470(+$11,470 vs national)
Mid Career (5-9 yrs)
$106,650(+$16,650 vs national)
Senior Level (15+ yrs)
$136,275(+$21,275 vs national)

Note: National average Accounting salary: $62,000 starting, $90,000 mid-career, $115,000 senior level.Franklin adjustment factor: 1.19x based on the local cost of living index.

Accounting ROI Calculator for Franklin

Estimate your return on investment for a Accounting degree using local Franklin tuition and cost of living data.

Public avg: $10,100 | Private avg: $32,000

Franklin avg aid: $15,962/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$103,628

tuition + room & board - aid

Annual Earnings Premium

$31,995

vs HS diploma in Franklin

ROI Payback Period

3.2 years

to break even

Lifetime Return in Franklin

$785,122

Lifetime earnings premium ($888,750) minus total education cost ($103,628)

Student Loan Payoff for Accounting in Franklin

Standard Plan (10 years)

Loan Amount$103,628
Monthly Payment$1,177
Total Interest$37,573
% of Monthly Income19%

Aggressive Plan (5 years)

Loan Amount$103,628
Monthly Payment$2,028
Total Interest$18,028
Interest Savings$19,545

Colleges in Franklin for Accounting

Franklin State University

public

$10,603/yr

$42,412 total

Community Colleges (2-Year Transfer)

Franklin Community College

$5,615/yr

Top Employers for Accounting in Franklin

Franklin offers opportunities in Financial services, Consulting firms, Fortune 500 companies for Accounting graduates. National top employers in this field include:

DeloittePwCEYKPMGGrant Thornton

Key Franklin Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Accounting Job Titles

AccountantAuditorTax SpecialistCPA

Accounting Degree in Franklin — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

Explore More

Compare Accounting ROI in other cities, or explore other majors in Franklin.

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