Franklin, PA County is a vibrant and diverse area located in Pennsylvania. The county has an array of thriving businesses that provide goods and services to local residents. Companies such as Giant Eagle, Walmart, Kohl’s, Lowe’s Home Improvement, Wells Fargo Bank, and others offer employment opportunities to the locals. Furthermore, rental costs in Franklin are relatively low compared to other cities in the US; 2-bedroom rents only cost $1,030 compared to national average of $1,430. Grocery prices are also lower than the national average as indicated by a grocery cost index score of 104 versus 100 for the US. In conclusion, Franklin PA County is a great place to live and work due to its low cost of living and variety of businesses.
Franklin County has an unemployment rate of 5.9%. The US average is 6.0%.
Franklin County has seen the job market decrease by -4.6% over the last year. Future job growth over the next ten years is predicted to be 24.4%, 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 3.1%. 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 $33,394 a year. The US average is $37,638 a year.
- The Median household income of a Franklin County resident is $66,329 a year. The US average is $69,021 a year.