With data compiled from reliable public sources and government organizations like the Bureau of Labor Statistics and the U.S. Census Bureau, Joblift provides you with essential insights to help you in your job search in Franklin, VA.
In Franklin, diverse industries shape the economic landscape of this thriving city. Health care and public administration play a crucial role in providing essential services to residents, while manufacturing contributes significantly to the local economy. The education sector ensures that individuals receive quality learning opportunities, while retail businesses cater to the needs of both locals and visitors. This dynamic combination of industries creates a solid foundation for jobseekers exploring opportunities in Franklin.
The city presents an attractive option for jobseekers considering a new location, with several factors to consider. Offering a cost of living that is 21% lower than the national average, this destination provides affordability and financial flexibility. Employees in the city can expect an average salary of $49,680, which is approximately 28.24% below the national average. However, the cost savings may help offset this potential disadvantage. The majority of workers have access to employer-provided insurance, as 41% of people are insured through their workplace. With an average commute time of 26.5 minutes, residents can anticipate a reasonable travel time to work. Overall, the city offers a unique mixture of advantageous employment opportunities and affordable living conditions.
The city of Franklin, VA is currently experiencing an unemployment rate of 8.6%, which is above the national average. Despite this higher than average unemployment rate, the future job market growth in Franklin is expected to remain steady. This indicates that the local economy and job opportunities are maintaining a stable environment for both current and prospective residents. Focusing on steady job market growth can be a key consideration for individuals seeking employment in the area.
Explore a variety of jobs in Franklin with Joblift, where our advanced search and Job Coach tool can help you find the perfect match for your skills and experience. Don't miss out on opportunities in this lovely city - start your job search today!