Franklin, ID County is a lively and vibrant community located in the southern part of Idaho. The county offers affordable living costs for its citizens, with an average two bedroom rent of $930 compared to the US average of $1,430. The grocery cost index also stands at 93 compared to the countrywide mark of 100. The county provides ample employment opportunities from multiple companies operating there such as Franklin County Medical Center, Franklin County School District, Idaho State University-Idaho Falls Campus, and other locally owned businesses. Working in this area can certainly be a great choice for those looking to advance their career while enjoying reduced costs of living due to the reasonable housing pricesand local groceries expenses.
Franklin County has an unemployment rate of 3.1%. The US average is 6.0%.
Franklin County has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 42.8%, which is higher 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 7.4%. 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 $17,694 a year. The US average is $28,555 a year.
- The Median household income of a Franklin County resident is $56,677 a year. The US average is $69,021 a year.