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Economy in Farmington, New York

Overview, People, Health, Economy, Housing, Rankings, Climate
Crime, Comments, Transportation, Cost of Living, Religion, Voting

EconomyFarmington, NYUnited States
Unemployment Rate6.30%8.60%
Recent Job Growth0.16%0.35%
Future Job Growth34.02%32.10%
Sales Taxes7.13%5.00%
Income Taxes6.85%4.70%
Income per Cap.$25,885$26,154
Household Income$60,109$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K5.90%12.37%
Income between 15K and 25K7.51%10.53%
Income between 25K and 35K9.19%10.88%
Income between 35K and 50K15.89%15.37%
Income between 50K and 75K25.50%20.14%
Income between 75K and 100K17.69%12.41%
Income between 100K and 150K15.78%11.27%
Income between 150K and 250K2.04%5.01%
Income between 250K and 500K0.45%1.86%
Income greater than 500K0.04%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations12.85%14.04%
Professional and Related Occupations19.91%20.61%
Service13.71%14.45%
Sales and Office30.10%26.75%
Farming, Fishing, and Forestry0.32%0.70%
Construction, Extraction, and Maintenance7.41%9.42%
Production, Transportation, and Material Moving15.72%14.05%


Median Household Income

The unemployment rate in Farmington, NY, is 6.30%, with job growth of 0.16%. Future job growth over the next ten years is predicted to be 34.02%.

Farmington, NY Taxes

Farmington, NY,sales tax rate is 7.13%. Income tax is 6.85%.

Farmington, NY Income and Salaries

The income per capita is $25,885, which includes all adults and children. The median household income is $60,109.


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