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2024 Compare Cities Economy:
Franklin, TN vs Morganton, NC

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Highlights
- Household income in Morganton, is 58% less than it is in Franklin and is 60% below the National Average.
- Franklin unemployment rate is 3.1%.
- Morganton unemployment rate is 4.4%.

Economy
 Franklin, TNMorganton, NCUnited States
 Unemployment Rate3.1%4.4%6.0%
 Recent Job Growth2.4%1.6%1.6%
 Future Job Growth53.4%37.3%33.5%
 Sales Taxes9.8%6.8%6.2%
 Income Taxes0.0%5.3%4.6%
 Income per Cap.$51,811$23,890$37,638
 Household Income$102,721$43,103$69,021
 Family Median Income$123,661$48,702$85,028
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 Est. Households By Income
 Franklin, TNMorganton, NCUnited States
 Income Less Than 15K3.5%13.8%9.4%
 Income between 15K and 20K1.9%6.1%3.8%
 Income between 20K and 30K4.8%15.4%8.1%
 Income between 30K and 40K5.3%11.9%8.0%
 Income between 40K and 50K6.5%12.1%7.6%
 Income between 50K and 60K5.8%8.4%7.2%
 Income between 60K and 75K8.3%7.4%9.6%
 Income between 75K and 100K13.0%8.3%12.8%
 Income between 100K and 150K20.4%10.2%16.3%
 Income between 150K and 200K12.0%2.8%7.8%
 Income greater than 200K18.6%3.6%9.5%
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 Population By Occupation
 Franklin, TNMorganton, NCUnited States
 Management, business, finance26.4%11.2%16.4%
 Engineering, computers, science10.5%3.2%6.5%
 Community, social services1.9%1.6%1.8%
 Legal1.9%0.4%1.2%
 Education, library6.6%5.1%6.2%
 Arts, design, media, sports, entertainment3.6%1.0%2.0%
 Healthcare practitioners and technology6.3%6.6%6.2%
 Healthcare support1.3%5.5%3.3%
 Firefighters, law enforcement0.9%3.0%2.1%
 Food preparation, serving5.3%11.1%5.4%
 Building maintenance1.2%4.8%3.6%
 Personal care2.7%1.7%2.6%
 Sales, office, administrative support23.1%12.1%20.9%
 Farming, fishing, forestry0.1%0.1%0.6%
 Construction, extraction, maintenance/repair3.3%8.4%8.1%
 Production, transportation, material moving4.9%24.0%13.1%

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Reviews for Franklin    27 Reviews

After visiting here for a week in the summer, I fell in love with the city! Lots of my friends in Florida already moved here from New Port Richey and Wesley Chapel. I  More

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I've lived in Tennessee all my life. I have lived in west,east and middle Tennessee. By far this is the best place I have lived. We have been in Franklin for 8 years. It  More

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I love that this is a greatly diverse community with a large African American and Hispanic community around West Main St./Nachez (I'm addicted to Pueblo Real Mexican  More

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Reviews for Morganton    4 Reviews

We moved to Morganton in 2014 and love this town/area. The natural beauty in the Catawba Valley is astounding. Mountains, rivers, and beautiful trees are everywhere. The  More

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Over 9 years ago

Will be transplanting from the suburbs of Philadelphia and have visited Morganton on our way to Asheville/Hendersonville. It is close to take in what Asheville has to  More

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Over 10 years ago

It is the best place for schools. cost of living is great. Homes are cheap and affordable. Crime is very low. Recommend moving to Morganton NC  More

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ZIPS IN FRANKLIN, TENNESSEE
37064 37067 37069
ZIPS IN MORGANTON, NORTH CAROLINA
28655

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