Franklin, KY is a wonderful place to call home. This small town of 42134 has plenty to offer its residents. Rent for a two bedroom apartment is $890, which is much lower than the US average of $1,430. Additionally, groceries in Franklin are even cheaper due to the lower Grocery Cost Index of 96 versus 100 in the US.
There are several local companies and amenities that make living in Franklin enjoyable. Big Yank BBQ specializes in authentic Southern-style barbeque, while JB's Market provides fresh produce to the local community. For outdoor fun, residents can visit nearby Lake Barkley State Park or take advantage of the golf courses at Chalybeate Springs Country Club and Hillcrest Golf Course. With so much to do and see, Franklin is certainly worth checking out!
Franklin (zip 42134) has an unemployment rate of 4.4%. The US average is 6.0%.
Franklin (zip 42134) has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 38.1%, which is higher than the US average of 33.5%.
Tax Rates for Franklin (zip 42134)
- The Sales Tax Rate for Franklin (zip 42134) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Franklin (zip 42134) is 7.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Franklin (zip 42134)
- The average income of a Franklin (zip 42134) resident is $18,548 a year. The US average is $28,555 a year.
- The Median household income of a Franklin (zip 42134) resident is $52,655 a year. The US average is $69,021 a year.