Franklinton, NC is a vibrant small town located in Franklin County. The cost of living here is quite affordable compared to other parts of the country, with two bedroom rent averaging at $1,140. This is significantly lower than the average US two bedroom rent of $1,430. Additionally, grocery costs are relatively low here as well with an index of 96 compared to 100 in the country overall.
In terms of local businesses, some notable ones include Tootie's Grill & BBQ, Tomaro's Pizza Cafe, and Lonesome Pine Mini Golf & Arcade. There are also several shops and restaurants along Main Street in downtown Franklinton that offer unique experiences and delicious local fare.
Overall, Franklinton provides a comfortable and affordable lifestyle for its residents while offering plenty of fun things to do in town. The cost of living in Franklinton is slightly below the national average making it an excellent place for those looking to save money without sacrificing quality of life.
Franklinton (zip 27525) has an unemployment rate of 4.5%. The US average is 6.0%.
Franklinton (zip 27525) has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 42.8%, which is higher than the US average of 33.5%.
Tax Rates for Franklinton (zip 27525)
- The Sales Tax Rate for Franklinton (zip 27525) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Franklinton (zip 27525) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Franklinton (zip 27525)
- The average income of a Franklinton (zip 27525) resident is $29,047 a year. The US average is $37,638 a year.
- The Median household income of a Franklinton (zip 27525) resident is $58,507 a year. The US average is $69,021 a year.