28734 Franklin, NC is a small town located in the southwestern corner of North Carolina. It offers affordable living for its residents with an average two-bedroom apartment costing $870 per month. This is well below the national average of $1,430 per month. The cost index for groceries is also lower than the national average at 97 versus 100.
28734 Franklin offers its residents access to local businesses and services as well such as the Macon County Family YMCA, Walmart Supercenter, Ingles Grocery Store, Auto Zone auto parts store, and Franklin Cinema. It is situated near several outdoor recreation areas such as Nantahala National Forest and Panthertown Valley which offer hiking trails and spectacular views of nearby Appalachian Mountains. 28734 Franklin is a great place to live for people who appreciate nature and want access to affordable housing and quality local services.
Franklin (zip 28734) has an unemployment rate of 4.2%. The US average is 6.0%.
Franklin (zip 28734) has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 30.4%, which is lower than the US average of 33.5%.
Tax Rates for Franklin (zip 28734)
- The Sales Tax Rate for Franklin (zip 28734) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Franklin (zip 28734) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Franklin (zip 28734)
- The average income of a Franklin (zip 28734) resident is $26,286 a year. The US average is $37,638 a year.
- The Median household income of a Franklin (zip 28734) resident is $44,181 a year. The US average is $69,021 a year.