Franklinton is a small town in Louisiana with a population of about 3,000. It is located in Washington Parish and is just north of the city of Bogalusa. The area has many family-owned businesses, such as grocery stores, hardware stores, and pharmacy stores. In terms of dining options, there are several good restaurants to choose from including Boondox Bar-B-Que Grill & Lounge, El Corral Mexican Restaurant, and T&T Seafood Market & Cafe. In Franklinton the average cost of rent for a 2 bedroom apartment is $1,130 which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Franklinton is 94 compared to 100 on average in the US. All these factors make Franklinton an attractive option for people looking for a safe and affordable place to live.
Franklinton (zip 70438) has an unemployment rate of 6.8%. The US average is 6.0%.
Franklinton (zip 70438) has seen the job market decrease by -4.2% over the last year. Future job growth over the next ten years is predicted to be 23.6%, which is lower than the US average of 33.5%.
Tax Rates for Franklinton (zip 70438)
- The Sales Tax Rate for Franklinton (zip 70438) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Franklinton (zip 70438) is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Franklinton (zip 70438)
- The average income of a Franklinton (zip 70438) resident is $24,970 a year. The US average is $37,638 a year.
- The Median household income of a Franklinton (zip 70438) resident is $42,393 a year. The US average is $69,021 a year.