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2024 Compare Cities Economy:
Richwood, NJ vs Franklin, TN

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Highlights
- Household income in Franklin, is 42% less than it is in Richwood and is 33% above the National Average.
- Richwood unemployment rate is 7.3%.
- Franklin unemployment rate is 3.1%.

Economy
 Richwood, NJFranklin, TNUnited States
 Unemployment Rate7.3%3.1%6.0%
 Recent Job Growth0.3%2.4%1.6%
 Future Job Growth29.3%53.4%33.5%
 Sales Taxes6.6%9.8%6.2%
 Income Taxes5.5%0.0%4.6%
 Income per Cap.$54,276$51,811$37,638
 Household Income$177,500$102,721$69,021
 Family Median Income$179,883$123,661$85,028
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 Est. Households By Income
 Richwood, NJFranklin, TNUnited States
 Income Less Than 15K0.0%3.5%9.4%
 Income between 15K and 20K1.0%1.9%3.8%
 Income between 20K and 30K5.2%4.8%8.1%
 Income between 30K and 40K1.1%5.3%8.0%
 Income between 40K and 50K0.0%6.5%7.6%
 Income between 50K and 60K4.4%5.8%7.2%
 Income between 60K and 75K1.1%8.3%9.6%
 Income between 75K and 100K15.3%13.0%12.8%
 Income between 100K and 150K7.9%20.4%16.3%
 Income between 150K and 200K19.5%12.0%7.8%
 Income greater than 200K44.6%18.6%9.5%
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 Population By Occupation
 Richwood, NJFranklin, TNUnited States
 Management, business, finance24.3%26.4%16.4%
 Engineering, computers, science3.4%10.5%6.5%
 Community, social services5.1%1.9%1.8%
 Legal4.5%1.9%1.2%
 Education, library13.9%6.6%6.2%
 Arts, design, media, sports, entertainment3.8%3.6%2.0%
 Healthcare practitioners and technology8.8%6.3%6.2%
 Healthcare support0.0%1.3%3.3%
 Firefighters, law enforcement1.0%0.9%2.1%
 Food preparation, serving1.9%5.3%5.4%
 Building maintenance0.0%1.2%3.6%
 Personal care0.0%2.7%2.6%
 Sales, office, administrative support17.6%23.1%20.9%
 Farming, fishing, forestry0.5%0.1%0.6%
 Construction, extraction, maintenance/repair7.9%3.3%8.1%
 Production, transportation, material moving7.5%4.9%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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ZIPS IN RICHWOOD, NEW JERSEY
08074
ZIPS IN FRANKLIN, TENNESSEE
37064 37067 37069

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