Franklin, IN 46131

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 5200 7380 $10,542 $1,535
(8.08% of returns)
$1,750
(6.92% of returns)
$4,236
$25,000 to $50,000 3680 6690 $30,079 $2,408
(9.78% of returns)
$6,839
(17.93% of returns)
$4,677
$50,000 to $75,000 2440 5590 $40,703 $3,152
(15.57% of returns)
$15,694
(20.49% of returns)
$4,904
$75,000 to $100,000 1520 3920 $49,536 $3,184
(21.71% of returns)
$21,303
(21.05% of returns)
$5,731
$100,000 to $200,000 1760 5090 $69,904 $5,472
(31.25% of returns)
$24,952
(19.32% of returns)
$6,478
Over $200,000 340 940 $206,113 $13,857
(61.76% of returns)
$24,866
(17.65% of returns)
$8,943
For Zip 14940 29610 $40,695

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Income Tax Rates

Rate Minimum Income Maximum Income
0.0323 0 null

Property Tax Rates

Rate Rank (compared to Other States)
0.0087 29

Sales Tax Rates

State Rate Average Local Rate Combined Rate Rank (compared to Other States)
0.07 0.0000 0.0700 24