Franklin, ME County is a great place to live for people looking for an affordable lifestyle. The median 2 bedroom rent in Franklin, ME County is $940 per month which is much lower than the national average of $1,430. Additionally, the Grocery Cost Index in Franklin, ME County is 107 versus 100 in the US. There are a number of local companies operating in Franklin, ME County such as Merrill's Marine Inc., Wiscasset Ford, and Eastward Companies LLC. These local businesses are part of what makes living in Franklin, ME County so enjoyable and unique.
Franklin County has an unemployment rate of 5.5%. The US average is 6.0%.
Franklin 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 26.3%, which is lower than the US average of 33.5%.
Tax Rates for Franklin County
- The Sales Tax Rate for Franklin County is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Franklin County is 7.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Franklin County
- The average income of a Franklin County resident is $22,576 a year. The US average is $28,555 a year.
- The Median household income of a Franklin County resident is $53,607 a year. The US average is $69,021 a year.