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2024 Compare Cities Economy:
Hot Springs, NC vs Franklin, NC

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Highlights
- Household income in Franklin, is 17% less than it is in Hot Springs and is 91% below the National Average.
- Hot Springs unemployment rate is 4.1%.
- Franklin unemployment rate is 4.2%.

Economy
 Hot Springs, NCFranklin, NCUnited States
 Unemployment Rate4.1%4.2%6.0%
 Recent Job Growth1.6%1.0%1.6%
 Future Job Growth39.2%30.4%33.5%
 Sales Taxes6.8%6.8%6.2%
 Income Taxes5.3%5.3%4.6%
 Income per Cap.$26,109$24,593$37,638
 Household Income$43,382$36,158$69,021
 Family Median Income$52,857$55,647$85,028
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 Est. Households By Income
 Hot Springs, NCFranklin, NCUnited States
 Income Less Than 15K21.8%11.8%9.4%
 Income between 15K and 20K5.6%8.6%3.8%
 Income between 20K and 30K16.2%20.8%8.1%
 Income between 30K and 40K3.7%17.0%8.0%
 Income between 40K and 50K12.5%6.4%7.6%
 Income between 50K and 60K14.4%4.5%7.2%
 Income between 60K and 75K4.6%10.9%9.6%
 Income between 75K and 100K15.7%10.5%12.8%
 Income between 100K and 150K2.3%6.4%16.3%
 Income between 150K and 200K1.4%1.8%7.8%
 Income greater than 200K1.9%1.4%9.5%
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 Population By Occupation
 Hot Springs, NCFranklin, NCUnited States
 Management, business, finance37.3%13.0%16.4%
 Engineering, computers, science0.4%3.4%6.5%
 Community, social services0.0%1.8%1.8%
 Legal0.0%1.0%1.2%
 Education, library0.0%3.1%6.2%
 Arts, design, media, sports, entertainment0.0%1.6%2.0%
 Healthcare practitioners and technology7.2%3.0%6.2%
 Healthcare support13.6%3.8%3.3%
 Firefighters, law enforcement0.0%0.9%2.1%
 Food preparation, serving8.5%15.6%5.4%
 Building maintenance3.8%11.1%3.6%
 Personal care0.0%2.4%2.6%
 Sales, office, administrative support14.4%17.9%20.9%
 Farming, fishing, forestry3.4%1.5%0.6%
 Construction, extraction, maintenance/repair2.5%12.5%8.1%
 Production, transportation, material moving8.9%7.3%13.1%

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Reviews for Hot Springs    2 Reviews

Over 10 years ago

Been living here in Hot Springs area of NC for the past 15 years.Retired and nice being less than an hour to Asheville without having to put up with the high cost of the  More

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Over 17 years ago

Hot Springs is a small mountain town located on the French Broad River. Living here provides a very calm and peaceful life.We enjoy the warm mineral baths which are  More

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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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ZIPS IN HOT SPRINGS, NORTH CAROLINA
28743
ZIPS IN FRANKLIN, NORTH CAROLINA
28734

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