Franklin, MI 48025

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 1750 2000 $9,043 $1,953
(29.71% of returns)
$2,000
(5.14% of returns)
$6,555
$25,000 to $50,000 820 1180 $33,870 $4,089
(35.37% of returns)
$8,738
(25.61% of returns)
$6,626
$50,000 to $75,000 730 1140 $54,484 $5,525
(42.47% of returns)
$18,016
(32.88% of returns)
$6,979
$75,000 to $100,000 630 1140 $64,555 $7,406
(52.38% of returns)
$21,912
(39.68% of returns)
$7,135
$100,000 to $200,000 1850 4560 $87,683 $9,155
(57.84% of returns)
$27,442
(29.19% of returns)
$8,621
Over $200,000 1910 5670 $421,731 $38,648
(75.39% of returns)
$29,858
(20.42% of returns)
$12,509
For Zip 7690 15690 $172,352

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Income Tax Rates

Rate Minimum Income Maximum Income
0.0425 0 null

Property Tax Rates

Rate Rank (compared to Other States)
0.0144 13

Sales Tax Rates

State Rate Average Local Rate Combined Rate Rank (compared to Other States)
0.06 0.0000 0.0600 38