Franklin, VT County is a beautiful rural area located in the state of Vermont. Its picturesque setting offers a peaceful lifestyle for its residents. The cost of living is fairly moderate with two bedroom rents averaging $1,620 compared to the national average of $1,430. Furthermore, grocery costs are slightly higher than the national average at 106 versus 100 in the US overall. There are many local companies to explore such as Green Mountain Coffee Roasters, New England Culinary Institute, and King Arthur Flour Company. All together these businesses contribute to the unique character of Franklin County and make it a great place to live.
Franklin County has an unemployment rate of 3.2%. The US average is 6.0%.
Franklin County has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Franklin County
- The Sales Tax Rate for Franklin County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Franklin County is 6.8%. 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 $27,879 a year. The US average is $28,555 a year.
- The Median household income of a Franklin County resident is $68,476 a year. The US average is $69,021 a year.