Franklin County’s cost of living is approximately 9% below the national average and lower than many areas across North Carolina, allowing hard-earned dollars to stretch further. This also empowers local companies to offer competitive wages that align well with the regional market.
Cost of Living Comparison
| Franklin County, NC | North Carolina | United States | |
|---|---|---|---|
| Avg. Household Income | $84,520 | $98,139 | $109,160 |
| Median Home Value | $290,600 | $308,600 | $340,200 |
| Median Monthly Rent | $1,065 | $1,245 | $1,406 |
Source: U.S. Census Bureau, 2024