Franklin, GA is a great place to live. With a 2 bedroom rent of $920, which is much lower than the US average of $1,430, it can be an affordable option for many people. Additionally, shopping in Franklin is more cost effective too with a grocery cost index of 94 versus 100 in the US. This means that your groceries will be cheaper living here.
Franklin has plenty to offer from a variety of local businesses. For example, City Hall offers residents services such as building permits and licenses. Lee's Automotive Repair is another popular spot in town that provides automotive maintenance and repairs. Finally, Franklin also has various banking institutions like First National Bank that provide financial services to both personal and commercial customers.
Franklin has an unemployment rate of 4.0%. The US average is 6.0%.
Franklin has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 42.8%, which is higher than the US average of 33.5%.
Tax Rates for Franklin
- The Sales Tax Rate for Franklin is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Franklin is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Franklin
- The average income of a Franklin resident is $16,200 a year. The US average is $28,555 a year.
- The Median household income of a Franklin resident is $21,518 a year. The US average is $69,021 a year.