Franklin (Franklin Cnty), NY is a vibrant community located in upstate New York. It offers affordable living costs for renters, with a 2 bedroom rental costing $860 compared to the US average of $1,430. The cost of groceries is also lower than the national average according to the Grocery Cost Index which stands at 106 in Franklin (Franklin Cnty) versus 100 across the country. There are many locally owned businesses and attractions that make Franklin (Franklin Cnty) an attractive destination; some of these include Anderson’s Maple Syrup, Mountain View Greenhouse, and O’Neill Enterprises. Recreational activities abound in Franklin (Franklin Cnty); visitors can take part in boating on Chateaugay Lake or relax on one of their many hiking trails such as Barnum Brook Trail or Split Rock Mountain Loop Trail. With its stunning natural beauty and affordability for residents, it's no wonder why so many people choose to call Franklin (Franklin Cnty) home.
Franklin town (Franklin County) has an unemployment rate of 6.5%. The US average is 6.0%.
Franklin town (Franklin County) has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.
Tax Rates for Franklin town (Franklin County)
- The Sales Tax Rate for Franklin town (Franklin County) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Franklin town (Franklin 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 (Franklin County)
- The average income of a Franklin town (Franklin County) resident is $36,399 a year. The US average is $37,638 a year.
- The Median household income of a Franklin town (Franklin County) resident is $77,188 a year. The US average is $69,021 a year.