Economy in Franklin, Kentucky
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Economy
| Unemployment Rate | 11.40% | 9.10% |
| Recent Job Growth | -0.75% | -0.12% |
| Future Job Growth | 27.10% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 6.00% | 6.25% |
| Income per Cap. | $19,771 | $27,067 |
| Household Income | $40,878 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 18.70% | 12.10% |
| Income between 15K and 25K | 11.83% | 10.18% |
| Income between 25K and 35K | 11.25% | 10.56% |
| Income between 35K and 50K | 21.34% | 14.98% |
| Income between 50K and 75K | 20.26% | 19.53% |
| Income between 75K and 100K | 8.46% | 12.52% |
| Income between 100K and 150K | 6.22% | 12.14% |
| Income between 150K and 250K | 1.38% | 3.91% |
| Income between 250K and 500K | 0.46% | 3.34% |
| Income greater than 500K | 0.09% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 8.11% | 13.81% |
| Professional and Related Occupations | 14.12% | 22.68% |
| Service | 13.28% | 14.51% |
| Sales and Office | 27.39% | 25.22% |
| Farming, Fishing, and Forestry | 0.39% | 0.68% |
| Construction, Extraction, and Maintenance | 7.97% | 9.37% |
| Production, Transportation, and Material Moving | 36.85% | 15.86% |
The unemployment rate in Franklin, KY, is 11.40%, with job growth of -0.75%. Future job growth over the next ten years is predicted to be 27.10%.
Franklin, KY Taxes
Franklin, KY,sales tax rate is 6.00%. Income tax is 6.00%.
Franklin, KY Income and Salaries
The income per capita is $19,771, which includes all adults and children. The median household income is $40,878.
Franklin Economy SperlingViews
Sunny and bright: For the most part, Franklin has a bright, sunny environment. Without A/C, it would be unbearable in the summer so be sure to keep the cooling unit serviced. Occasional... (read more)Have an opinion about Franklin? Leave a commentTo See All SperlingViews for Franklin Click Here
