Economy in Franklin, Indiana
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Economy
| Unemployment Rate | 7.40% | 9.10% |
| Recent Job Growth | -0.95% | -0.12% |
| Future Job Growth | 30.70% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 4.90% | 6.25% |
| Income per Cap. | $23,177 | $27,067 |
| Household Income | $54,263 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 9.00% | 12.10% |
| Income between 15K and 25K | 10.81% | 10.18% |
| Income between 25K and 35K | 10.73% | 10.56% |
| Income between 35K and 50K | 15.50% | 14.98% |
| Income between 50K and 75K | 24.42% | 19.53% |
| Income between 75K and 100K | 15.44% | 12.52% |
| Income between 100K and 150K | 11.35% | 12.14% |
| Income between 150K and 250K | 1.72% | 3.91% |
| Income between 250K and 500K | 0.94% | 3.34% |
| Income greater than 500K | 0.08% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 11.00% | 13.81% |
| Professional and Related Occupations | 22.99% | 22.68% |
| Service | 16.68% | 14.51% |
| Sales and Office | 26.98% | 25.22% |
| Farming, Fishing, and Forestry | 0.11% | 0.68% |
| Construction, Extraction, and Maintenance | 10.36% | 9.37% |
| Production, Transportation, and Material Moving | 23.20% | 15.86% |
The unemployment rate in Franklin, IN, is 7.40%, with job growth of -0.95%. Future job growth over the next ten years is predicted to be 30.70%.
Franklin, IN Taxes
Franklin, IN,sales tax rate is 6.00%. Income tax is 4.90%.
Franklin, IN Income and Salaries
The income per capita is $23,177, which includes all adults and children. The median household income is $54,263.
Franklin Economy SperlingViews
six year resident : located 22 miles south of Indianapolis, the city has a quiet nature about it, with a small liberal arts college downtown complete with bike trail. The down side is the... (read more)Have an opinion about Franklin? Leave a commentTo See All SperlingViews for Franklin Click Here
