Franconia is a small city located in Pennsylvania, close to Philadelphia. The cost of living here is quite reasonable, with 2 bedroom rent prices at $1,380 compared to the US average of $1,430. Additionally, groceries here are 6% cheaper than in the rest of the country. This small city has a lot to offer for locals and visitors alike, with many local businesses such as Newcomer Funeral Home & Cremation Services and Franconia Real Estate Inc., both offering excellent services for residents. As well as this the area boasts a variety of restaurants, including several award-winning establishments like Krakus Polish Deli & Restaurant. For exercise enthusiasts there are plenty of trails and parks to explore. Notable attractions include Valley Forge National Historical Park and Evansburg State Park. All in all Franconia offers a great place to live or visit for anyone looking for an affordable area with lots to do!
Franconia has an unemployment rate of 5.6%. The US average is 6.0%.
Franconia has seen the job market decrease by -6.4% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.
Tax Rates for Franconia
- The Sales Tax Rate for Franconia is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Franconia is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Franconia
- The average income of a Franconia resident is $49,915 a year. The US average is $37,638 a year.
- The Median household income of a Franconia resident is $99,322 a year. The US average is $69,021 a year.