Franklin, NH is an ideal place to call home for those looking for a quiet and comfortable lifestyle. With two bedroom rent at $1,380 per month, it’s much more affordable than the rest of the country, where two bedrooms cost nearly $1,430 monthly. Prices at local grocery stores are also cheaper than the national average with a grocery cost index of 104 compared to 100 in the US. \nThe city offers many amenities such as parks and recreation centers. There is also plenty of shopping opportunities with businesses like Walmart Supercenter, Target, and BJ's Wholesale Club. Services such as banks, hospitals, churches and schools are conveniently located throughout the city. Residents can spend their time enjoying all that Franklin, NH has to offer from its beautiful scenery to its plethora of activities.
Franklin has an unemployment rate of 4.6%. The US average is 6.0%.
Franklin has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.
Tax Rates for Franklin
- The Sales Tax Rate for Franklin is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Franklin 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
- The average income of a Franklin resident is $20,993 a year. The US average is $28,555 a year.
- The Median household income of a Franklin resident is $61,664 a year. The US average is $69,021 a year.