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2024 Compare Cities Economy:
Franklin, NC vs Grayslake, IL

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Highlights
- Household income in Grayslake, is 204% more than it is in Franklin and is 37% above the National Average.
- Franklin unemployment rate is 4.2%.
- Grayslake unemployment rate is 6.4%.

Economy
 Franklin, NCGrayslake, ILUnited States
 Unemployment Rate4.2%6.4%6.0%
 Recent Job Growth1.0%2.4%1.6%
 Future Job Growth30.4%32.8%33.5%
 Sales Taxes6.8%7.0%6.2%
 Income Taxes5.3%5.0%4.6%
 Income per Cap.$24,593$50,354$37,638
 Household Income$36,158$109,975$69,021
 Family Median Income$55,647$129,890$85,028
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 Est. Households By Income
 Franklin, NCGrayslake, ILUnited States
 Income Less Than 15K11.8%6.0%9.4%
 Income between 15K and 20K8.6%2.2%3.8%
 Income between 20K and 30K20.8%4.7%8.1%
 Income between 30K and 40K17.0%3.3%8.0%
 Income between 40K and 50K6.4%4.1%7.6%
 Income between 50K and 60K4.5%4.2%7.2%
 Income between 60K and 75K10.9%6.5%9.6%
 Income between 75K and 100K10.5%15.1%12.8%
 Income between 100K and 150K6.4%20.7%16.3%
 Income between 150K and 200K1.8%13.6%7.8%
 Income greater than 200K1.4%19.7%9.5%
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 Population By Occupation
 Franklin, NCGrayslake, ILUnited States
 Management, business, finance13.0%22.3%16.4%
 Engineering, computers, science3.4%9.4%6.5%
 Community, social services1.8%2.0%1.8%
 Legal1.0%1.5%1.2%
 Education, library3.1%9.5%6.2%
 Arts, design, media, sports, entertainment1.6%1.9%2.0%
 Healthcare practitioners and technology3.0%7.0%6.2%
 Healthcare support3.8%1.9%3.3%
 Firefighters, law enforcement0.9%1.9%2.1%
 Food preparation, serving15.6%2.7%5.4%
 Building maintenance11.1%1.7%3.6%
 Personal care2.4%1.4%2.6%
 Sales, office, administrative support17.9%26.6%20.9%
 Farming, fishing, forestry1.5%0.0%0.6%
 Construction, extraction, maintenance/repair12.5%3.5%8.1%
 Production, transportation, material moving7.3%6.7%13.1%

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Reviews for Franklin    4 Reviews

Great mountain town. Friendly people and lots to do.  More

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Over 9 years ago

I agree with some of the posts on here saying that Franklin is more than willing to take your money, but it's difficult to fit in if you 'aren't from around here, are  More

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Franklin will welcome you if you are a vacationer but move here and it is a whole different story. We are one of those families that would vacation here every year and  More

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Reviews for Grayslake    3 Reviews

Over 10 years ago

Property tax is one of the highest in the nation a $220000 home will cost you $10980 in taxes annually as of 9/2014 This information can be verified on the  More

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Grayslake weather is very difficult to enjoy outdoor activities. In summer, it is SO humid and hot and full of mosquitos that you cannot enjoy a beautiful summer night.  More

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Over 14 years ago

3% of home value annually/ A $300,000 home will cost you 10K in annual property taxes. Where does it all  More

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ZIPS IN FRANKLIN, NORTH CAROLINA
28734
ZIPS IN GRAYSLAKE, ILLINOIS
No Zip Codes Here.

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