Franklin, Vermont (05457) is a peaceful small town located in the beautiful Green Mountain State. The average two bedroom rent in Franklin is $1,390 compared to the US average of $1,430, making it more affordable for those looking to find a place to live in the area. In terms of groceries, Franklin has a grocery cost index of 106 compared to that of the US which has an index of 100. Some notable businesses within Franklin include Fresh Tracks Farm & Bakery, which produces delicious baked goods and sandwiches utilizing their fresh-grown ingredients and local produce; Fullers Sugarhouse, a family-owned business providing high-quality maple syrup products; and Franklin Family Practice offering primary health care services for the entire family.
Franklin (zip 05457) has an unemployment rate of 3.2%. The US average is 6.0%.
Franklin (zip 05457) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Franklin (zip 05457)
- The Sales Tax Rate for Franklin (zip 05457) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Franklin (zip 05457) is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Franklin (zip 05457)
- The average income of a Franklin (zip 05457) resident is $27,877 a year. The US average is $28,555 a year.
- The Median household income of a Franklin (zip 05457) resident is $90,750 a year. The US average is $69,021 a year.