Franklin Town, MA (02038) is a small city located in Norfolk County. It may be on the small side, but it has plenty of local businesses, supermarkets, and cultural spots to explore. The average rent for a 2-bedroom apartment in Franklin Town is $2,190 per month; this is significantly higher than the national average of $1,430 for the same type of unit. The Grocery Cost Index in Franklin Town is also slightly higher than the national index—it stands at 109 versus 100 in the US.
There are several local businesses that serve Franklin Town residents including handyman services such as South Shore Handyman; professional services like Income Tax Solutions; automotive repair centers such as Al's Automotive; and even landscaping companies like Pro Landscaping & Tree Services. There are a number of supermarkets that provide convenient shopping options such as Stop & Shop Supermarket, Shaw's Market Place, and Whole Foods Market. Those looking for entertainment can visit one of the many cultural attractions such as The Norfolk County Fairgrounds or Museum at Peace Field which houses artifacts from some of America’s earliest history. With so much to do and explore in this small town it’s no wonder why so many people choose to call Franklin Town home!
Franklin Town (zip 02038) has an unemployment rate of 5.7%. The US average is 6.0%.
Franklin Town (zip 02038) has seen the job market increase by 4.3% over the last year. Future job growth over the next ten years is predicted to be 40.6%, which is higher than the US average of 33.5%.
Tax Rates for Franklin Town (zip 02038)
- The Sales Tax Rate for Franklin Town (zip 02038) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Franklin Town (zip 02038) is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Franklin Town (zip 02038)
- The average income of a Franklin Town (zip 02038) resident is $42,444 a year. The US average is $28,555 a year.
- The Median household income of a Franklin Town (zip 02038) resident is $127,608 a year. The US average is $69,021 a year.