Franklin, WI is a vibrant city located in the southeastern part of the state. With an excellent school system, plenty of recreational activities, and numerous local businesses, it is an attractive place to live for people of all ages. Notable companies in Franklin include Johnson Controls, a global diversified technology and multi industrial leader; Quad/Graphics, a global printing communications company; Froedtert Health, a comprehensive healthcare network; and Goodwill Industries, providing job training and employment services in the area. Additionally, visitors can take advantage of the shops on Main Street or explore Lions Legend Park for outdoor activities. All these options make Franklin an interesting place to call home.
Franklin has an unemployment rate of 4.4%. The US average is 6.0%.
Franklin has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Franklin
- The Sales Tax Rate for Franklin is 5.6%. The US average is 7.3%.
- The Income Tax Rate for Franklin is 6.3%. 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 $34,377 a year. The US average is $28,555 a year.
- The Median household income of a Franklin resident is $89,927 a year. The US average is $69,021 a year.