Pay and cost of living in Franklin County, NC
Franklin County, NC is part of the Raleigh-Cary, NC labor market, and this page summarizes 14 occupations with published wages there. The median of their median salaries is $40,185 a year. The best-paid occupation listed is Software Developers at $132,770, and the lowest is Cooks, Fast Food at $28,220.
A one-bedroom apartment in Franklin County, NC has a HUD Fair Market Rent of $1,552 a month and a two-bedroom $1,689. Rent, food, home energy and gasoline for one adult add up to $25,670 a year. After federal, FICA and state income taxes, the average occupation here takes home $44,878 a year, and 11 of the 14 occupations listed here (79%) earn enough take-home pay to cover the four basics.
Each occupation links to a detailed page with gross pay, take-home pay, rent, food and energy costs, and the monthly budget margin. All pages share one method, which makes it easy to compare jobs inside Franklin County, NC or against other counties.
Housing, taxes and commute in Franklin County, NC
The figures below are exact U.S. Census Bureau American Community Survey 2020-2024 5-year estimates for Franklin County, NC, set beside the North Carolina and national medians.
Median household income in Franklin County, NC is $74,240, 3% above the North Carolina median of $72,388 and $80,734 nationally. A year of one-bedroom Fair Market Rent ($18,624) equals 25.1% of that income. The median of the occupation medians listed here, $40,185, is 46% below household income, which is expected because a household can hold more than one earner.
Homeowners in Franklin County, NC pay a median of $1,834 a year in real estate taxes, 3% below the North Carolina median of $1,896. With a median home value of $284,300, 2% below the North Carolina median of $288,900, the ratio of the two medians is 0.65% a year.
Renters in Franklin County, NC pay a median gross rent of $1,083 a month in the Census survey, 12% below the North Carolina median of $1,228. HUD's one-bedroom Fair Market Rent used for the budgets on this site is $1,552; the Census figure covers rental units of every size.
Workers in Franklin County, NC who travel to a workplace spend an average of 33.3 minutes each way, 33% above the North Carolina average of 25.1. 12.5% of workers work from home, compared with 15.1% nationally.