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Economy in Franklin township (Lycoming county), Pennsylvania

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyFranklin township (Lycoming county), PAUnited States
Unemployment Rate8.00%9.10%
Recent Job Growth-0.18%-0.12%
Future Job Growth31.64%31.25%
Sales Taxes6.00%6.80%
Income Taxes3.57%6.25%
Income per Cap.$24,369$27,067
Household Income$53,828$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K10.48%12.10%
Income between 15K and 25K7.26%10.18%
Income between 25K and 35K9.14%10.56%
Income between 35K and 50K18.55%14.98%
Income between 50K and 75K27.96%19.53%
Income between 75K and 100K13.98%12.52%
Income between 100K and 150K9.41%12.14%
Income between 150K and 250K1.61%3.91%
Income between 250K and 500K1.34%3.34%
Income greater than 500K0.27%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations5.16%13.81%
Professional and Related Occupations16.63%22.68%
Service9.37%14.51%
Sales and Office21.80%25.22%
Farming, Fishing, and Forestry2.10%0.68%
Construction, Extraction, and Maintenance16.25%9.37%
Production, Transportation, and Material Moving30.59%15.86%
Median Household Income

The unemployment rate in Franklin township (Lycoming county), PA, is 8.00%, with job growth of -0.18%. Future job growth over the next ten years is predicted to be 31.64%.

Franklin township (Lycoming county), PA Taxes

Franklin township (Lycoming county), PA,sales tax rate is 6.00%. Income tax is 3.57%.

Franklin township (Lycoming county), PA Income and Salaries

The income per capita is $24,369, which includes all adults and children. The median household income is $53,828.


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