Economy in Farmington, Connecticut
Overview,
People,
Health, Economy,
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Economy
| Unemployment Rate | 7.00% | 9.10% |
| Recent Job Growth | 0.08% | -0.12% |
| Future Job Growth | 33.16% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 5.00% | 6.25% |
| Income per Cap. | $46,443 | $27,067 |
| Household Income | $84,087 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 5.98% | 12.10% |
| Income between 15K and 25K | 5.32% | 10.18% |
| Income between 25K and 35K | 6.54% | 10.56% |
| Income between 35K and 50K | 10.49% | 14.98% |
| Income between 50K and 75K | 16.52% | 19.53% |
| Income between 75K and 100K | 14.69% | 12.52% |
| Income between 100K and 150K | 18.79% | 12.14% |
| Income between 150K and 250K | 8.38% | 3.91% |
| Income between 250K and 500K | 10.07% | 3.34% |
| Income greater than 500K | 3.22% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 20.67% | 13.81% |
| Professional and Related Occupations | 33.74% | 22.68% |
| Service | 9.61% | 14.51% |
| Sales and Office | 23.36% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 4.78% | 9.37% |
| Production, Transportation, and Material Moving | 5.97% | 15.86% |
The unemployment rate in Farmington, CT, is 7.00%, with job growth of 0.08%. Future job growth over the next ten years is predicted to be 33.16%.
Farmington, CT Taxes
Farmington, CT,sales tax rate is 6.00%. Income tax is 5.00%.
Farmington, CT Income and Salaries
The income per capita is $46,443, which includes all adults and children. The median household income is $84,087.
Farmington Economy SperlingViews
Great Education System, Many Healthcare Jobs, but : If you work in the health insurance industry, and have school-age kids, this is a great place. The liberal, progressive culture is also a plus (to some... (read more)It's a shame...: ....that there isn't more reasonably priced homes in Farmington because it really is a great town to live in. It's small enough to feel like you know people, but big... (read more)Relocated to CT: Will be newly relocated to Farmington next year. visited CT before and hope the next assignment will be successful.... (read more)Have an opinion about Farmington? Leave a commentTo See All SperlingViews for Farmington Click Here
