Economy in Franklin, Maine
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Economy
| Unemployment Rate | 14.20% | 9.10% |
| Recent Job Growth | -1.06% | -0.12% |
| Future Job Growth | 23.68% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 8.50% | 6.25% |
| Income per Cap. | $23,936 | $27,067 |
| Household Income | $41,535 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 17.11% | 12.10% |
| Income between 15K and 25K | 12.60% | 10.18% |
| Income between 25K and 35K | 12.60% | 10.56% |
| Income between 35K and 50K | 17.57% | 14.98% |
| Income between 50K and 75K | 22.40% | 19.53% |
| Income between 75K and 100K | 7.78% | 12.52% |
| Income between 100K and 150K | 5.76% | 12.14% |
| Income between 150K and 250K | 1.24% | 3.91% |
| Income between 250K and 500K | 2.64% | 3.34% |
| Income greater than 500K | 0.31% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 6.57% | 13.81% |
| Professional and Related Occupations | 19.02% | 22.68% |
| Service | 13.15% | 14.51% |
| Sales and Office | 18.60% | 25.22% |
| Farming, Fishing, and Forestry | 5.17% | 0.68% |
| Construction, Extraction, and Maintenance | 17.90% | 9.37% |
| Production, Transportation, and Material Moving | 20.84% | 15.86% |
The unemployment rate in Franklin, ME, is 14.20%, with job growth of -1.06%. Future job growth over the next ten years is predicted to be 23.68%.
Franklin, ME Taxes
Franklin, ME,sales tax rate is 5.00%. Income tax is 8.50%.
Franklin, ME Income and Salaries
The income per capita is $23,936, which includes all adults and children. The median household income is $41,535.
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