Economy in Farmington, New York
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Economy
| Unemployment Rate | 7.90% | 9.10% |
| Recent Job Growth | -0.87% | -0.12% |
| Future Job Growth | 30.36% | 31.25% |
| Sales Taxes | 7.13% | 6.80% |
| Income Taxes | 6.85% | 6.25% |
| Income per Cap. | $25,612 | $27,067 |
| Household Income | $61,938 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 5.37% | 12.10% |
| Income between 15K and 25K | 7.38% | 10.18% |
| Income between 25K and 35K | 9.32% | 10.56% |
| Income between 35K and 50K | 15.62% | 14.98% |
| Income between 50K and 75K | 25.27% | 19.53% |
| Income between 75K and 100K | 17.68% | 12.52% |
| Income between 100K and 150K | 17.06% | 12.14% |
| Income between 150K and 250K | 1.56% | 3.91% |
| Income between 250K and 500K | 0.64% | 3.34% |
| Income greater than 500K | 0.09% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 11.81% | 13.81% |
| Professional and Related Occupations | 24.86% | 22.68% |
| Service | 13.91% | 14.51% |
| Sales and Office | 29.11% | 25.22% |
| Farming, Fishing, and Forestry | 0.29% | 0.68% |
| Construction, Extraction, and Maintenance | 7.56% | 9.37% |
| Production, Transportation, and Material Moving | 15.70% | 15.86% |
The unemployment rate in Farmington, NY, is 7.90%, with job growth of -0.87%. Future job growth over the next ten years is predicted to be 30.36%.
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 $25,612, which includes all adults and children. The median household income is $61,938.
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