2025 Compare Cities Economy:
Cedar Lake, IN vs Franklin, IN

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Highlights
- Household income in Franklin, is 14% less than it is in Cedar Lake and is 9% below the National Average.
- Cedar Lake unemployment rate is 7.6%.
- Franklin unemployment rate is 4.0%.
 Cedar Lake, INFranklin, INUnited States
 Unemployment Rate  Unlock4.0%6.0%
 Recent Job Growth  Unlock2.5%1.6%
 Future Job Growth28.5%  Unlock33.5%
 Sales Taxes7.0%  Unlock6.2%
 Income Taxes  Unlock4.2%4.6%
 Income per Cap.$36,441  Unlock$37,638
 Household Income  Unlock$63,518$69,021
 Family Median Income$85,243  Unlock$85,028
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 Est. Households By Income
 Cedar Lake, INFranklin, INUnited States
 Income Less Than 15K  Unlock8.6%9.4%
 Income between 15K and 20K3.5%  Unlock3.8%
 Income between 20K and 30K  Unlock11.0%8.1%
 Income between 30K and 40K10.1%  Unlock8.0%
 Income between 40K and 50K  Unlock8.0%7.6%
 Income between 50K and 60K7.1%  Unlock7.2%
 Income between 60K and 75K  Unlock11.3%9.6%
 Income between 75K and 100K14.7%  Unlock12.8%
 Income between 100K and 150K  Unlock17.8%16.3%
 Income between 150K and 200K9.9%  Unlock7.8%
 Income greater than 200K  Unlock2.6%9.5%
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 Population By Occupation
 Cedar Lake, INFranklin, INUnited States
 Management, business, finance10.9%  Unlock16.4%
 Engineering, computers, science  Unlock4.7%6.5%
 Community, social services0.8%  Unlock1.8%
 Legal  Unlock0.8%1.2%
 Education, library4.4%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.5%2.0%
 Healthcare practitioners and technology3.5%  Unlock6.2%
 Healthcare support  Unlock3.3%3.3%
 Firefighters, law enforcement2.8%  Unlock2.1%
 Food preparation, serving  Unlock5.0%5.4%
 Building maintenance2.2%  Unlock3.6%
 Personal care  Unlock1.9%2.6%
 Sales, office, administrative support23.2%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.3%0.6%
 Construction, extraction, maintenance/repair11.5%  Unlock8.1%
 Production, transportation, material moving  Unlock18.1%13.1%
Reviews for Cedar Lake    1 Reviews

Over 14 years ago

Town of approx 14500 residents that increases to possible 20000 persons in summer due to clean beautiful lake,friendly small community feel with Chicago located just 30  More

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Reviews for Franklin    1 Reviews

Over 20 years ago

located 22 miles south of Indianapolis, the city has a quiet nature about it, with a small liberal arts college downtown complete with bike trail. The down side is the  More

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