36444 Franklin, AL is located in northwest Alabama near the Tennessee border. It's a small town with a population of around 3,400 people. The cost of living is lower than the US average, with 2 bedroom rent costing around $670 per month. Grocery costs are also relatively low at 94 compared to the national index of 100.
The town is home to several businesses including Franklin Motors, LaVerendrye Construction Inc., and Twin Oaks Realty. These businesses provide plenty of job opportunities for local residents and visitors alike.
In addition to providing employment opportunities, 36444 Franklin also offers affordable living options for those looking to become homeowners or renters. The average rent for a 2-bedroom apartment in this area is only $670 per month, making it an affordable option for those looking for a place to call home without breaking their bank account.
Franklin (zip 36444) has an unemployment rate of 6.0%. The US average is 6.0%.
Franklin (zip 36444) has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 22.2%, which is lower than the US average of 33.5%.
Tax Rates for Franklin (zip 36444)
- The Sales Tax Rate for Franklin (zip 36444) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Franklin (zip 36444) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Franklin (zip 36444)
- The average income of a Franklin (zip 36444) resident is $21,080 a year. The US average is $37,638 a year.
- The Median household income of a Franklin (zip 36444) resident is $40,000 a year. The US average is $69,021 a year.