DegreeCalc

Elementary Education Degree in Franklin, TN — Salary & ROI 2026

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

Starting Salary

$59K

COL-adjusted

Mid-Career

$65K

COL-adjusted

ROI Payback

5.8 yrs

in Franklin

Cost of Living

118.5

index (100 = avg)

Elementary Education in Franklin, TN Overview

While Franklin has a smaller college scene with 4 institutions, Elementary Education students benefit from lower tuition costs. Room and board averages $15,807/year, and the car-friendly layout shapes the student experience. Although national enrollment in Elementary Education has been declining, graduates with skills in Lesson Planning and Classroom Management remain competitive in the job market. The adjusted starting salary in Franklin is approximately $59,250.

Category

Education

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%

Elementary Education 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)
$59,250(+$9,250 vs national)
Mid Career (5-9 yrs)
$65,175(+$10,175 vs national)
Senior Level (15+ yrs)
$73,470(+$11,470 vs national)

Note: National average Elementary Education salary: $50,000 starting, $55,000 mid-career, $62,000 senior level.Franklin adjustment factor: 1.19x based on the local cost of living index.

Elementary Education ROI Calculator for Franklin

Estimate your return on investment for a Elementary Education 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

$17,775

vs HS diploma in Franklin

ROI Payback Period

5.8 years

to break even

Lifetime Return in Franklin

$228,172

Lifetime earnings premium ($331,800) minus total education cost ($103,628)

Student Loan Payoff for Elementary Education in Franklin

Standard Plan (10 years)

Loan Amount$103,628
Monthly Payment$1,177
Total Interest$37,573
% of Monthly Income24%

Aggressive Plan (5 years)

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

Colleges in Franklin for Elementary Education

Franklin State University

public

$10,603/yr

$42,412 total

Community Colleges (2-Year Transfer)

Franklin Community College

$5,615/yr

Top Employers for Elementary Education in Franklin

Franklin offers opportunities in School districts, Universities, EdTech companies for Elementary Education graduates. National top employers in this field include:

Public SchoolsPrivate SchoolsCharter SchoolsDepartment of EducationEducation Non-Profits

Key Franklin Hiring Sectors for Education

School districts

Universities

EdTech companies

Non-profits

Training organizations

Common Elementary Education Job Titles

Elementary TeacherCurriculum DeveloperInstructional Coach

Elementary Education 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 Elementary Education ROI in other cities, or explore other majors in Franklin.

Frequently Asked Questions

Related Calculators