Franklin, WI
Discover how far your salary goes in Franklin. Compare taxes, rent, and living costs.
36,816
7.6%
$1,197
/month
-14%
below avg
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Rent Prices in Franklin
Studio
$958
/month
$11,496/year
1 Bedroom
$1,197
/month
$14,364/year
2 Bedroom
$1,616
/month
$19,392/year
3 Bedroom
$2,095
/month
$25,140/year
Taxes in Wisconsin
State Income Tax
Wisconsin
For a $100k salary, that's ~$7,650/year in state taxes.
Federal Income Tax
Same nationwide
Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.
Learn how tax brackets workMore Affordable Alternatives
Cities with lower cost of living where your money goes further:
Frequently Asked Questions
What is the cost of living in Franklin, WI?▼
Franklin has a cost of living index of 102, which is 2% above the national average. A 1-bedroom apartment costs around $1,197/month.
What is the state income tax in Wisconsin?▼
Wisconsin has a state income tax rate of approximately 7.6%. This is in addition to federal income tax.
How much is rent in Franklin?▼
The median rent for a 1-bedroom apartment in Franklin is $1,197/month. For a 2-bedroom, expect to pay around $1,616/month. This is 14% below the national average.
Is Franklin a good place to live?▼
Franklin is a town with a population of 36,816. The cost of living is average, making it about average cost for the US.
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