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2024 Compare Cities Economy:
Shrewsbury, MA vs Franklin, TN

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Highlights
- Household income in Franklin, is 13% less than it is in Shrewsbury and is 33% above the National Average.
- Shrewsbury unemployment rate is 5.1%.
- Franklin unemployment rate is 3.1%.

Economy
 Shrewsbury, MAFranklin, TNUnited States
 Unemployment Rate5.1%3.1%6.0%
 Recent Job Growth4.2%2.4%1.6%
 Future Job Growth39.2%53.4%33.5%
 Sales Taxes6.3%9.8%6.2%
 Income Taxes5.1%0.0%4.6%
 Income per Cap.$53,283$51,811$37,638
 Household Income$117,909$102,721$69,021
 Family Median Income$143,614$123,661$85,028
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 Est. Households By Income
 Shrewsbury, MAFranklin, TNUnited States
 Income Less Than 15K4.5%3.5%9.4%
 Income between 15K and 20K1.1%1.9%3.8%
 Income between 20K and 30K5.0%4.8%8.1%
 Income between 30K and 40K5.1%5.3%8.0%
 Income between 40K and 50K4.1%6.5%7.6%
 Income between 50K and 60K3.9%5.8%7.2%
 Income between 60K and 75K5.5%8.3%9.6%
 Income between 75K and 100K11.8%13.0%12.8%
 Income between 100K and 150K19.6%20.4%16.3%
 Income between 150K and 200K16.6%12.0%7.8%
 Income greater than 200K22.8%18.6%9.5%
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 Population By Occupation
 Shrewsbury, MAFranklin, TNUnited States
 Management, business, finance19.7%26.4%16.4%
 Engineering, computers, science19.4%10.5%6.5%
 Community, social services1.9%1.9%1.8%
 Legal0.3%1.9%1.2%
 Education, library7.1%6.6%6.2%
 Arts, design, media, sports, entertainment1.1%3.6%2.0%
 Healthcare practitioners and technology10.4%6.3%6.2%
 Healthcare support1.6%1.3%3.3%
 Firefighters, law enforcement1.6%0.9%2.1%
 Food preparation, serving2.8%5.3%5.4%
 Building maintenance2.4%1.2%3.6%
 Personal care2.8%2.7%2.6%
 Sales, office, administrative support19.2%23.1%20.9%
 Farming, fishing, forestry0.2%0.1%0.6%
 Construction, extraction, maintenance/repair3.4%3.3%8.1%
 Production, transportation, material moving6.3%4.9%13.1%

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Reviews for Shrewsbury    3 Reviews

Having been a resident of Shrewsbury since 1978, I can attest to the findings. As a realtor sharing the views of other realtors, Shrewsbury, I can understand why  More

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Over 10 years ago

Great place to raise your  More

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Over 12 years ago

Shrewsbury resembles a Norman Rockwell painting in the winter months. a suburb of both Boston and downtown Worcester, 50 miles from Boston and 15 minutes from  More

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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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Start Your Review of Franklin

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ZIPS IN SHREWSBURY, MASSACHUSETTS
No Zip Codes Here.
ZIPS IN FRANKLIN, TENNESSEE
37064 37067 37069

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