Franklin township (Snyder County), PA Economy


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Franklin township (Snyder Cnty), PA is an attractive area located in the North Central region of Pennsylvania. This area is home to a variety of local businesses, including grocery stores, restaurants, clothing shops, and medical offices. The cost of living index for Franklin township is 101 compared to 100 in the US. On average, two bedroom rent in Franklin township is $860 compared to $1,430 for the US. Grocery Cost Index in this area is also lower than the national average; making living here an affordable choice for many citizens.

Franklin township (Snyder County) has an unemployment rate of 5.9%. The US average is 6.0%.

Franklin township (Snyder County) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.

Tax Rates for Franklin township (Snyder County)
- The Sales Tax Rate for Franklin township (Snyder County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Franklin township (Snyder County) is 5.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Franklin township (Snyder County)
- The average income of a Franklin township (Snyder County) resident is $23,816 a year. The US average is $28,555 a year.
- The Median household income of a Franklin township (Snyder County) resident is $52,717 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFranklin township (Snyder County), PennsylvaniaUnited States
  5.96
  -5.8%-6.2%
  29.9%33.5%
  6.0%6.2%
  5.4%4.6%
  $30,351$37,638
  $52,717$69,021
  $59,036$85,028
  Population by Occupation
  5.9%1.2%
  1.3%0.5%
  12.7%6.8%
  17.4%10.0%
  2.4%2.5%
  13.0%11.0%
  4.2%4.8%
  0.0%0.8%
  1.1%1.9%
  2.4%4.7%
  0.4%1.9%
  3.7%7.6%
  0.5%0.1%
  2.4%4.2%
  5.1%9.3%
  11.0%14.0%
  0.5%2.1%
  7.2%7.0%
  6.2%4.8%
  2.5%4.7%
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