Franklin township (Grundy County), MO Economy


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United States / Missouri / No Metro Area / Grundy County / Franklin township (Grundy County) / Zip Codes
Franklin township, MO is an ideal place for families or individuals looking for affordability in housing and amenities. At only $600 for a two bedroom rent, it offers an exceptional value. The grocery cost index in Franklin township is also below the US average at 92 versus 100 nationwide, making food costs more affordable as well. Local companies in Franklin township include Wal-Mart, Hansen's General Store, and John's Auto Repairs, while local amenities include The Town Park with its swimming pool and playground, the picturesque Lakeview Viewpoint, and the local library which offers story hour every Saturday morning to children of all ages.

Franklin township (Grundy County) has an unemployment rate of 3.4%. The US average is 6.0%.

Franklin township (Grundy County) has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 12.7%, which is lower than the US average of 33.5%.

Tax Rates for Franklin township (Grundy County)
- The Sales Tax Rate for Franklin township (Grundy County) is 5.7%. The US average is 7.3%.
- The Income Tax Rate for Franklin township (Grundy County) is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Franklin township (Grundy County)
- The average income of a Franklin township (Grundy County) resident is $23,758 a year. The US average is $37,638 a year.
- The Median household income of a Franklin township (Grundy County) resident is $37,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFranklin township (Grundy County), MissouriUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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