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Economy in Franklin township (Hendricks county), Indiana

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyFranklin township (Hendricks county), INUnited States
Unemployment Rate7.20%9.10%
Recent Job Growth-0.37%-0.12%
Future Job Growth32.06%31.25%
Sales Taxes6.00%6.80%
Income Taxes3.80%6.25%
Income per Cap.$24,633$27,067
Household Income$51,368$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K4.83%12.10%
Income between 15K and 25K9.52%10.18%
Income between 25K and 35K8.01%10.56%
Income between 35K and 50K26.44%14.98%
Income between 50K and 75K23.87%19.53%
Income between 75K and 100K13.14%12.52%
Income between 100K and 150K12.08%12.14%
Income between 150K and 250K1.96%3.91%
Income between 250K and 500K0.15%3.34%
Income greater than 500K0.00%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations14.73%13.81%
Professional and Related Occupations16.07%22.68%
Service11.61%14.51%
Sales and Office24.11%25.22%
Farming, Fishing, and Forestry0.33%0.68%
Construction, Extraction, and Maintenance12.05%9.37%
Production, Transportation, and Material Moving25.22%15.86%
Median Household Income

The unemployment rate in Franklin township (Hendricks county), IN, is 7.20%, with job growth of -0.37%. Future job growth over the next ten years is predicted to be 32.06%.

Franklin township (Hendricks county), IN Taxes

Franklin township (Hendricks county), IN,sales tax rate is 6.00%. Income tax is 3.80%.

Franklin township (Hendricks county), IN Income and Salaries

The income per capita is $24,633, which includes all adults and children. The median household income is $51,368.


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