2025 Compare Cities Economy:
New Haven, IN vs Franklin, IN

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Highlights
- Household income in Franklin, is 12% more than it is in New Haven and is 9% below the National Average.
- New Haven unemployment rate is 4.7%.
- Franklin unemployment rate is 4.0%.
 New Haven, INFranklin, INUnited States
 Unemployment Rate  Unlock4.0%6.0%
 Recent Job Growth  Unlock2.5%1.6%
 Future Job Growth36.5%  Unlock33.5%
 Sales Taxes7.0%  Unlock6.2%
 Income Taxes  Unlock4.2%4.6%
 Income per Cap.$27,642  Unlock$37,638
 Household Income  Unlock$63,518$69,021
 Family Median Income$66,968  Unlock$85,028
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 Est. Households By Income
 New Haven, INFranklin, INUnited States
 Income Less Than 15K  Unlock8.6%9.4%
 Income between 15K and 20K6.5%  Unlock3.8%
 Income between 20K and 30K  Unlock11.0%8.1%
 Income between 30K and 40K9.8%  Unlock8.0%
 Income between 40K and 50K  Unlock8.0%7.6%
 Income between 50K and 60K11.3%  Unlock7.2%
 Income between 60K and 75K  Unlock11.3%9.6%
 Income between 75K and 100K16.3%  Unlock12.8%
 Income between 100K and 150K  Unlock17.8%16.3%
 Income between 150K and 200K3.6%  Unlock7.8%
 Income greater than 200K  Unlock2.6%9.5%
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 Population By Occupation
 New Haven, INFranklin, INUnited States
 Management, business, finance14.8%  Unlock16.4%
 Engineering, computers, science  Unlock4.7%6.5%
 Community, social services1.8%  Unlock1.8%
 Legal  Unlock0.8%1.2%
 Education, library4.7%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.5%2.0%
 Healthcare practitioners and technology7.2%  Unlock6.2%
 Healthcare support  Unlock3.3%3.3%
 Firefighters, law enforcement1.3%  Unlock2.1%
 Food preparation, serving  Unlock5.0%5.4%
 Building maintenance4.0%  Unlock3.6%
 Personal care  Unlock1.9%2.6%
 Sales, office, administrative support22.3%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.3%0.6%
 Construction, extraction, maintenance/repair9.4%  Unlock8.1%
 Production, transportation, material moving  Unlock18.1%13.1%
Reviews for New Haven    2 Reviews

The true cost of living in New Haven is exactly what it is in Fort Wayne, We share some the same businesses and people of New Haven shop at most of the same stores,  More

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Over 19 years ago

New Haven, Indiana costs about twice as much as it does to live in the neighboring city, Fot Wayne. The water is twice as much. Electric and gas are the same. New Haven  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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