Economy in Vernon township (Hancock county), Indiana
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Economy
| Unemployment Rate | 8.00% | 9.10% |
| Recent Job Growth | -1.24% | -0.12% |
| Future Job Growth | 29.52% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 4.65% | 6.25% |
| Income per Cap. | $26,986 | $27,067 |
| Household Income | $57,515 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 8.75% | 12.10% |
| Income between 15K and 25K | 10.46% | 10.18% |
| Income between 25K and 35K | 8.55% | 10.56% |
| Income between 35K and 50K | 15.95% | 14.98% |
| Income between 50K and 75K | 20.63% | 19.53% |
| Income between 75K and 100K | 15.30% | 12.52% |
| Income between 100K and 150K | 13.33% | 12.14% |
| Income between 150K and 250K | 4.87% | 3.91% |
| Income between 250K and 500K | 2.10% | 3.34% |
| Income greater than 500K | 0.06% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 19.91% | 13.81% |
| Professional and Related Occupations | 22.83% | 22.68% |
| Service | 10.39% | 14.51% |
| Sales and Office | 32.19% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 8.53% | 9.37% |
| Production, Transportation, and Material Moving | 17.61% | 15.86% |
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The unemployment rate in Vernon township (Hancock county), IN, is 8.00%, with job growth of -1.24%. Future job growth over the next ten years is predicted to be 29.52%.
Vernon township (Hancock county), IN Taxes
Vernon township (Hancock county), IN,sales tax rate is 6.00%. Income tax is 4.65%.
Vernon township (Hancock county), IN Income and Salaries
The income per capita is $26,986, which includes all adults and children. The median household income is $57,515.
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