The hall said Wednesday that Franklin, a Memphis native, will be honored at an induction ceremony Nov. 1.
Known as the "Queen of Soul," Franklin sang hits such as "Respect" and "Chain of Fools." She died in August at age 76.
Rock and soul group The Box Tops, who recorded "The Letter" in Memphis in the 1960s, are joining Franklin in the hall.
Others being inducted are gospel artist O'Landa Draper, R&B singer-songwriter Eddie Floyd, rockabilly pioneers The Rock and Roll Trio. Also included are Memphis rappers 8Ball & MJG and George Klein, a radio personality and close friend of Elvis Presley.
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