Franklin County, MA Economy


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United States / Massachusetts / No Metro Area / Franklin County / Cities / Zip Codes
Franklin, MA County is a great place to live! Not only is the 2 bedroom rent in the county $150 cheaper than the US average, but groceries are also 6% cheaper than the national average. There are many local businesses that make this area unique including Consigli Construction Co., Inc., Metrowest Physical Therapy & Sports Medicine, and Sabetta Electrical Services. This county offers a variety of attractions such as The Franklin Historical Museum, Redmen’s Hall and The Franklin Town Forest. With so much to offer, Franklin, MA County is an ideal place to call home.

Franklin County has an unemployment rate of 5.9%. The US average is 6.0%.

Franklin County has seen the job market increase by 3.0% over the last year. Future job growth over the next ten years is predicted to be 36.1%, which is higher than the US average of 33.5%.

Tax Rates for Franklin County
- The Sales Tax Rate for Franklin County is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Franklin County is 5.1%. 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 $29,658 a year. The US average is $28,555 a year.
- The Median household income of a Franklin County resident is $64,949 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFranklin, MassachusettsUnited States
  5.96
  -7.8%-6.2%
  36.1%33.5%
  6.3%6.2%
  5.1%4.6%
  $37,740$37,638
  $64,949$69,021
  $87,295$85,028
  Population by Occupation
  2.3%1.2%
  0.1%0.5%
  7.2%6.8%
  11.4%10.0%
  1.7%2.5%
  10.8%11.0%
  2.6%4.8%
  1.0%0.8%
  2.3%1.9%
  2.8%4.7%
  0.8%1.9%
  4.6%7.6%
  0.1%0.1%
  3.4%4.2%
  17.6%9.3%
  15.8%14.0%
  2.3%2.1%
  5.0%7.0%
  4.2%4.8%
  4.0%4.7%
Health