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Economy in Springfield township (Montgomery county), Pennsylvania

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomySpringfield township (Montgomery county), PAUnited States
Unemployment Rate6.90%9.10%
Recent Job Growth-0.13%-0.12%
Future Job Growth32.84%31.25%
Sales Taxes6.00%6.80%
Income Taxes3.57%6.25%
Income per Cap.$42,523$27,067
Household Income$84,526$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K4.99%12.10%
Income between 15K and 25K5.21%10.18%
Income between 25K and 35K5.38%10.56%
Income between 35K and 50K10.56%14.98%
Income between 50K and 75K17.59%19.53%
Income between 75K and 100K15.80%12.52%
Income between 100K and 150K21.03%12.14%
Income between 150K and 250K9.52%3.91%
Income between 250K and 500K8.48%3.34%
Income greater than 500K1.44%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations22.94%13.81%
Professional and Related Occupations34.07%22.68%
Service7.89%14.51%
Sales and Office23.52%25.22%
Farming, Fishing, and Forestry0.13%0.68%
Construction, Extraction, and Maintenance6.44%9.37%
Production, Transportation, and Material Moving6.15%15.86%
Median Household Income

The unemployment rate in Springfield township (Montgomery county), PA, is 6.90%, with job growth of -0.13%. Future job growth over the next ten years is predicted to be 32.84%.

Springfield township (Montgomery county), PA Taxes

Springfield township (Montgomery county), PA,sales tax rate is 6.00%. Income tax is 3.57%.

Springfield township (Montgomery county), PA Income and Salaries

The income per capita is $42,523, which includes all adults and children. The median household income is $84,526.


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