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2024 Compare Cities Economy:
Franklin, TN vs Salem, OR

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Highlights
- Household income in Salem, is 39% less than it is in Franklin and is 11% below the National Average.
- Franklin unemployment rate is 3.1%.
- Salem unemployment rate is 6.2%.

Economy
 Franklin, TNSalem, ORUnited States
 Unemployment Rate3.1%6.2%6.0%
 Recent Job Growth2.4%-0.1%1.6%
 Future Job Growth53.4%40.2%33.5%
 Sales Taxes9.8%0.0%6.2%
 Income Taxes0.0%9.0%4.6%
 Income per Cap.$51,811$31,610$37,638
 Household Income$102,721$62,185$69,021
 Family Median Income$123,661$75,291$85,028
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 Est. Households By Income
 Franklin, TNSalem, ORUnited States
 Income Less Than 15K3.5%9.9%9.4%
 Income between 15K and 20K1.9%4.3%3.8%
 Income between 20K and 30K4.8%8.0%8.1%
 Income between 30K and 40K5.3%9.1%8.0%
 Income between 40K and 50K6.5%8.5%7.6%
 Income between 50K and 60K5.8%8.4%7.2%
 Income between 60K and 75K8.3%11.0%9.6%
 Income between 75K and 100K13.0%13.0%12.8%
 Income between 100K and 150K20.4%16.6%16.3%
 Income between 150K and 200K12.0%6.1%7.8%
 Income greater than 200K18.6%5.2%9.5%
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 Population By Occupation
 Franklin, TNSalem, ORUnited States
 Management, business, finance26.4%14.0%16.4%
 Engineering, computers, science10.5%5.5%6.5%
 Community, social services1.9%2.9%1.8%
 Legal1.9%1.4%1.2%
 Education, library6.6%5.4%6.2%
 Arts, design, media, sports, entertainment3.6%1.7%2.0%
 Healthcare practitioners and technology6.3%5.6%6.2%
 Healthcare support1.3%4.9%3.3%
 Firefighters, law enforcement0.9%2.5%2.1%
 Food preparation, serving5.3%6.1%5.4%
 Building maintenance1.2%3.8%3.6%
 Personal care2.7%2.8%2.6%
 Sales, office, administrative support23.1%21.9%20.9%
 Farming, fishing, forestry0.1%2.0%0.6%
 Construction, extraction, maintenance/repair3.3%7.4%8.1%
 Production, transportation, material moving4.9%12.1%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 Salem    37 Reviews

After reading the reviews here, I had to come write my own. The problem I had with most of the reviews is that most were very opinion-based and seemed to assume everyone  More

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Moved here approx. 4 years ago from SW Michigan, but I've lived in 9 other cities & 5 other states. Salem is a very manageable sized city, with tons of parks, diverse  More

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Over 4 years ago

I'm a native 5th generation Oregonian, so bear in mind that I was born with webs between my toes! Anyway, I used to think it rained too much when I was young. Then I  More

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ZIPS IN FRANKLIN, TENNESSEE
37064 37067 37069
ZIPS IN SALEM, OREGON
97301 97302 97304 97306

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