Franktown, CO is a beautiful small city located in Douglas County. It is known for its tranquil atmosphere and stunning vistas. With a population of about 3700, it provides an excellent quality of life. The average two bedroom rent in Franktown is $2,040 which is significantly higher than the US average of $1,430. Additionally, the Grocery Cost Index in Franktown is 106 versus 100 in the US. \nThe city provides many local companies and amenities for those who live there and visitors alike. These include Cedarstone Restaurant & Bar, Rocky Mountain Embroidery & Screen Printing, Rocky Mountain Sign Company, Frontier Park Equine Facility, Southpark Shopping Center as well as many local parks and trails allowing you to explore nature's beauty. All in all Franktown offers excellent living conditions at an affordable price point making it an ideal place to call home!
Franktown has an unemployment rate of 5.4%. The US average is 6.0%.
Franktown has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 46.4%, which is higher than the US average of 33.5%.
Tax Rates for Franktown
- The Sales Tax Rate for Franktown is 4.0%. The US average is 7.3%.
- The Income Tax Rate for Franktown is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Franktown
- The average income of a Franktown resident is $149,308 a year. The US average is $37,638 a year.
- The Median household income of a Franktown resident is $0 a year. The US average is $69,021 a year.