Franklin, NE County is a great place to live due to its affordable cost of living. The average rent for a two-bedroom apartment in the county is $830, which is much lower than the US average of $1,430. Similarly, the Grocery Cost Index in Franklin, NE County is 90 versus 100 in the US. Residents here have access to local stores such as The Country Market and Big Apple Foods, offering quality groceries at reasonable prices. Other local retailers such as Art City Furniture and Snider's Hardware provide furniture and hardware supplies respectively.
Franklin County has an unemployment rate of 2.5%. The US average is 6.0%.
Franklin County has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 18.2%, which is lower than the US average of 33.5%.
Tax Rates for Franklin County
- The Sales Tax Rate for Franklin County is 5.9%. 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 $26,349 a year. The US average is $28,555 a year.
- The Median household income of a Franklin County resident is $52,400 a year. The US average is $69,021 a year.