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Franklin, PA

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
35
Very Affordable
Median Home Value
$109,200
National: $426,735
Median Rent
$731/mo
National: $1,527/mo
Household Income
$54,955
National: $84,532
Population
6,026
Purchasing Power
186
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
26 / 100
100 = national average
Rent Index
48 / 100
Overall Index
35
Very Affordable

Franklin Mortgage Calculator

Pre-filled with the local median home value of $109,200 and Pennsylvania's property tax rate of 1.58%.

Salary & Purchasing Power

Median household income is $54,955 35% below the national average.

What $54,955 in Franklin Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$237,092+331%
Los Angeles, CA$266,924+386%

Property Tax in Franklin, PA

Est. Annual Property Tax
$1,725
Monthly Impact
$144
Added to your mortgage
Effective Rate
1.58%
National avg: ~1.00%

Pennsylvania Tax Overview

Tax TypePennsylvaniaNational Avg
Property Tax Rate1.58%1.00%
Top Income Tax Rate3.07%~5.0%
State Sales Tax6.34%~5.0%

Compare Franklin to Another City

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Cost of Living Comparison

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Franklin, PA
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Franklin, PA: 26
Rent Prices
48
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR