46044 Frankton, IN is a small town located in Madison County. It has a population of just over 2,000 people and offers residents plenty of natural beauty and outdoor activities including hunting, fishing, biking, camping and more. The average rent for a two-bedroom home in 46044 Frankton is $820 per month - far below the national average of $1,430. Additionally, the cost of groceries in the area is also well below the national average at 93 compared to an index score of 100 - making it much more affordable for families.
Residents of 46044 Frankton benefit from a wide variety of local businesses located nearby. These include companies such as: Marcum's Furniture Store & Appliances, Frankton Hardware & Lumber Co., Speed Fastener Supply Co., Inc., Kim's Grocery Store & Deli and Dr. Rachel Jansen MD Family Practice. There are also numerous restaurants and retail stores in town that provide great shopping opportunities for locals and visitors alike.
Frankton (zip 46044) has an unemployment rate of 5.4%. The US average is 6.0%.
Frankton (zip 46044) has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 35.4%, which is higher than the US average of 33.5%.
Tax Rates for Frankton (zip 46044)
- The Sales Tax Rate for Frankton (zip 46044) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Frankton (zip 46044) 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 Frankton (zip 46044)
- The average income of a Frankton (zip 46044) resident is $30,200 a year. The US average is $37,638 a year.
- The Median household income of a Frankton (zip 46044) resident is $59,306 a year. The US average is $69,021 a year.