Franklin, KS County is a great place to live. The county is known for its affordable rental costs with 2 bedroom rent averaging at $920, which is significantly lower than the US average of $1,430. Additionally, grocery costs are also favourable as the Grocery Cost Index in Franklin County sits at 95 compared to 100 in the US. The county is home to many notable business including Franklin Packing Co., Franklin County Bank and Johnson Equipment Company. All these companies provide valuable employment opportunities for residents of the county.
Franklin County has an unemployment rate of 3.8%. The US average is 6.0%.
Franklin County has seen the job market increase by 1.4% 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 County
- The Sales Tax Rate for Franklin County is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Franklin County is 5.7%. 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 $23,980 a year. The US average is $28,555 a year.
- The Median household income of a Franklin County resident is $63,996 a year. The US average is $69,021 a year.