Franklin, ID (83237) is an ideal place for those looking for a new home or rental property. Its 2 bedroom rent averages $1,040, significantly lower than the national average of $1,430. This makes it an attractive option for young families and couples looking for more affordable housing options. Furthermore, its grocery cost index of 92 compared to the US's 100 means that groceries can be bought at a lower price locally than in other parts of the country. Franklin has been dubbed “The Gateway to Hells Canyon” due to its close proximity to both this national reserve and to the Snake River. With thriving local businesses such as Farmers Co-op Supply Center and Burns Harness Co., which sell everything from farm equipment and feed supplies to saddles and tack, Franklin offers locals a variety of local services in addition to its natural beauty.
Franklin (zip 83237) has an unemployment rate of 3.1%. The US average is 6.0%.
Franklin (zip 83237) has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 42.8%, which is higher than the US average of 33.5%.
Tax Rates for Franklin (zip 83237)
- The Sales Tax Rate for Franklin (zip 83237) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Franklin (zip 83237) is 7.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Franklin (zip 83237)
- The average income of a Franklin (zip 83237) resident is $14,488 a year. The US average is $28,555 a year.
- The Median household income of a Franklin (zip 83237) resident is $61,331 a year. The US average is $69,021 a year.