Franklin (Merced Cnty), CA is a great place to call home due to its affordability in rent and grocery cost. On average, a two bedroom apartment costs $1,420 a month compared to the US average of $1,430, making it an affordable option. The area also has a Grocery Cost Index of 100 which matches the national average. This makes it possible for residents to have access to goods and services at reasonable prices. There are plenty of local businesses in Franklin (Merced Cnty), CA that provide different services such as restaurants, boutiques, and salons. Some popular companies in the area include Los Osos Mexican Restaurant, Fancy Nails Boutique, and Sal's Barber Shop. Franklin (Merced Cnty), CA provides a variety of options for living affordably while having access to great businesses and amenities.
Franklin (Merced County) has an unemployment rate of 11.4%. The US average is 6.0%.
Franklin (Merced County) has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Franklin (Merced County)
- The Sales Tax Rate for Franklin (Merced County) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Franklin (Merced County) is 9.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Franklin (Merced County)
- The average income of a Franklin (Merced County) resident is $15,950 a year. The US average is $28,555 a year.
- The Median household income of a Franklin (Merced County) resident is $50,290 a year. The US average is $69,021 a year.