Cost of Living in Franklin
Franklin's cost of living runs genuinely favorable relative to several other NH Tier B markets in this batch, this record discloses directly alongside a real, disclosed household-income gap.
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Learn moreHousing runs genuinely more affordable
Franklin's housing carries a real, disclosed cross-source spread ($435,000 median sale price vs. $243,800 typical home value), but either figure runs well below several other NH Tier B markets in this batch (base record).
A property tax rate below New Hampshire's own statewide median
Ownwell's cited 1.71% effective property tax rate runs below both New Hampshire's own statewide median (1.82%) and this project's own NH statewide anchor (1.93%) (base record).
New Hampshire's real tax structure still applies
No broad-based wage-income tax, no sales tax, and (per a real 2025 repeal) no tax on interest or dividends either -- though New Hampshire's real 8.5% Meals & Rooms Tax and business-level taxes still apply (base record).
A real, disclosed lower median household income
Franklin's median household income ($71,648) runs below several other NH Tier B markets in this batch, a real, disclosed part of Franklin's overall cost-of-living picture (base record).
Key takeaways
- Franklin's housing runs genuinely more affordable than several other NH Tier B markets in this batch.
- Franklin's 1.71% property tax rate runs below New Hampshire's own statewide median.
- New Hampshire's no-wage-tax, no-sales-tax structure applies, alongside real, targeted business and meals-and-rooms taxes.
- Franklin's median household income runs below several other NH markets in this batch.
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