Franklin Town, MA is a great place to live for many reasons. It has a wide range of rental options, with two bedroom apartments costing an average of $2,210 per month, compared to the national average of $1,430. Additionally, it's grocery cost index stands at 109 versus the national average of 100. This makes Franklin Town an ideal location for budget-friendly living.
The local economy is thriving and offers many job opportunities with companies such as Encore Fire Protection Systems Inc., Franklin Senior Care Services LLC., MMA&M Consulting LLC., and We Are Here Enterprises LLC. There are also plenty of recreational activities available in Franklin Town like parks and trails for hiking or biking. All in all, there is something for everyone in Franklin Town!
Franklin Town has an unemployment rate of 5.8%. The US average is 6.0%.
Franklin Town has seen the job market increase by 4.3% over the last year. Future job growth over the next ten years is predicted to be 40.8%, which is higher than the US average of 33.5%.
Tax Rates for Franklin Town
- The Sales Tax Rate for Franklin Town is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Franklin Town is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Franklin Town
- The average income of a Franklin Town resident is $42,444 a year. The US average is $28,555 a year.
- The Median household income of a Franklin Town resident is $127,608 a year. The US average is $69,021 a year.