Franklin town (Delaware County), NY Economy


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United States / New York / No Metro Area / Delaware County / Franklin town (Delaware County) / Zip Codes
Franklin (Delaware Cnty), NY is a great place to live with a cost of living that's relatively low compared to the rest of the United States. The two-bedroom rent is about $860, which is significantly lower than the national average of $1,430. Even grocery costs are more affordable here, with an index score of 99 versus 100 in the US.
The county offers many local amenities for its residents to enjoy as well. There are many popular businesses and attractions like Sullivan County Museum, Delaware Valley Opera, Catskill Distilling Company, and Big Indian Art Gallery. As well as plenty of outdoor activities such as hiking trails, horseback riding, canoeing on the Delaware River and skiing in winter months at Belleayre Mountain Ski Center. With so much on offer to explore and experience Franklin (Delaware Cnty), NY has something for everyone!

Franklin town (Delaware County) has an unemployment rate of 6.5%. The US average is 6.0%.

Franklin town (Delaware County) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 20.1%, which is lower than the US average of 33.5%.

Tax Rates for Franklin town (Delaware County)
- The Sales Tax Rate for Franklin town (Delaware County) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Franklin town (Delaware County) is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Franklin town (Delaware County)
- The average income of a Franklin town (Delaware County) resident is $33,039 a year. The US average is $37,638 a year.
- The Median household income of a Franklin town (Delaware County) resident is $58,714 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFranklin town (Delaware County), New YorkUnited States
  6.56
  -4.5%-6.2%
  20.1%33.5%
  8.0%6.2%
  6.2%4.6%
  $33,039$37,638
  $58,714$69,021
  $59,875$85,028
  Population by Occupation
  8.2%1.2%
  0.0%0.5%
  8.9%6.8%
  6.1%10.0%
  0.5%2.5%
  10.2%11.0%
  1.8%4.8%
  1.8%0.8%
  2.5%1.9%
  3.8%4.7%
  1.3%1.9%
  3.5%7.6%
  0.0%0.1%
  8.3%4.2%
  11.1%9.3%
  9.7%14.0%
  3.4%2.1%
  4.3%7.0%
  7.0%4.8%
  7.7%4.7%
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