equestId":"58e44a92-7f03-421f-a8d8-fbcc7b404b62","resource":"content","data":[{"id":"txt_2f83fe8d41ee4921900b7910d427b2d7","text":"\nFrankfort, IN Metro Area is an attractive location for people who want to save money while living in a comfortable home. The average two-bedroom rent is only $900, which is much more affordable than the US average of $1,430. Additionally, the grocery cost index for this area is 93 versus 100 in the US, making it a desirable place to live. The area has plenty of job opportunities with companies such as Kightlinger & Gray LLP, Frankfort Community Public Library and Stahl Construction Inc. offering ample employment prospects. The city also offers numerous recreational activities like fishing and camping at Cool Creek Park, visiting historic sites like the Governor's Mansion or attending science and art exhibits at the Clinton County Historical Museum. With its low costs of living and great quality of life, Frankfort is a great place to call home.
Frankfort Metro Area has an unemployment rate of 3.5%. The US average is 6.0%.
Frankfort Metro Area has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.
Tax Rates for Frankfort Metro Area
- The Sales Tax Rate for Frankfort Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Frankfort Metro Area is 5.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Frankfort Metro Area
- The average income of a Frankfort Metro Area resident is $25,393 a year. The US average is $37,638 a year.
- The Median household income of a Frankfort Metro Area resident is $55,582 a year. The US average is $69,021 a year.