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Franklin has always been known for its low tax rate with a single tax for both industry and residential--that has caused many large corporations (EMC, Cisco, Putnam) to relocate here which only brings more tax revenue and jobs into the town. Many other surrounding towns tax industry at a much higher rate and have lost businesses as a result. The town also has a desirable location with close proximity to major highways and the MBTA commuter rail to Boston with 2 stops in town. For outdoor lovers, there are extensive hiking and biking trails in the Franklin and Wrentham State Forests.
During the past few years, two major publications have voted Franklin as a best town to live. Family Circle Magazine August 2007 issue named Franklin as "Top Ten Places to Raise a Family". They based their decision on communities that provided "big-city opportunities with suburban charm" and that offered "affordable houses, good jobs, top-rated schools, wide-open spaces and a lot less stress." They also took into account commute times, health care, crime rates, air quality, cultural amenities and volunteerism. Franklin was the only New England town chosen based on an initial list of 1,850 municipalities with populations between 15,000 and 150,000. CNN Money also voted Franklin "Best Place to Live and Launch" for those looking for great living and working opportunities and also cite the town's appeal to businesses.
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