Franklin Park, FL is a great place for people who are looking to save money on their rent. The median 2 bedroom rent in this town is $1,350 which is $80 less than the US average of $1,430. There are lots of local businesses that make living in Franklin Park affordable. Grocery stores like Publix, Aldi and Walmart all provide low cost groceries with a grocery cost index of 104 compared to the US national average of 100. There are also plentiful job opportunities in Franklin Park; major employers include Florida Hospital North Pinellas, East Bay Raceway Park and Tarpon Springs Marine Science Center. With its combination of competitive rental prices and economic stability, Franklin Park is an excellent place to live for families or individuals who want to budget their expenses without sacrificing quality of life.
Franklin Park has an unemployment rate of 5.3%. The US average is 6.0%.
Franklin Park has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 39.5%, which is higher than the US average of 33.5%.
Tax Rates for Franklin Park
- The Sales Tax Rate for Franklin Park is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Franklin Park is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Franklin Park
- The average income of a Franklin Park resident is $10,227 a year. The US average is $28,555 a year.
- The Median household income of a Franklin Park resident is $45,074 a year. The US average is $69,021 a year.