Economy in Farmington, Connecticut
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| Unemployment Rate | 5.40% | 8.60% |
| Recent Job Growth | -0.14% | 0.35% |
| Future Job Growth | 34.32% | 32.10% |
| Sales Taxes | 6.00% | 5.00% |
| Income Taxes | 5.00% | 4.70% |
| Income per Cap. | $48,300 | $26,154 |
| Household Income | $82,312 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 5.99% | 12.37% |
| Income between 15K and 25K | 5.44% | 10.53% |
| Income between 25K and 35K | 6.30% | 10.88% |
| Income between 35K and 50K | 10.82% | 15.37% |
| Income between 50K and 75K | 16.54% | 20.14% |
| Income between 75K and 100K | 14.86% | 12.41% |
| Income between 100K and 150K | 18.55% | 11.27% |
| Income between 150K and 250K | 14.18% | 5.01% |
| Income between 250K and 500K | 6.73% | 1.86% |
| Income greater than 500K | 0.59% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 21.16% | 14.04% |
| Professional and Related Occupations | 33.54% | 20.61% |
| Service | 9.72% | 14.45% |
| Sales and Office | 25.17% | 26.75% |
| Farming, Fishing, and Forestry | 0.00% | 0.70% |
| Construction, Extraction, and Maintenance | 4.99% | 9.42% |
| Production, Transportation, and Material Moving | 5.43% | 14.05% |
The unemployment rate in Farmington, CT, is 5.40%, with job growth of -0.14%. Future job growth over the next ten years is predicted to be 34.32%.
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 $48,300, which includes all adults and children. The median household income is $82,312.
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
