Economy in Franklin, Texas
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Economy
| Unemployment Rate | 8.90% | 9.10% |
| Recent Job Growth | 1.82% | -0.12% |
| Future Job Growth | 34.74% | 31.25% |
| Sales Taxes | 8.25% | 6.80% |
| Income Taxes | 0.00% | 6.25% |
| Income per Cap. | $21,228 | $27,067 |
| Household Income | $47,093 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 18.78% | 12.10% |
| Income between 15K and 25K | 9.39% | 10.18% |
| Income between 25K and 35K | 9.21% | 10.56% |
| Income between 35K and 50K | 15.47% | 14.98% |
| Income between 50K and 75K | 21.92% | 19.53% |
| Income between 75K and 100K | 12.15% | 12.52% |
| Income between 100K and 150K | 10.68% | 12.14% |
| Income between 150K and 250K | 1.66% | 3.91% |
| Income between 250K and 500K | 0.55% | 3.34% |
| Income greater than 500K | 0.18% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 9.06% | 13.81% |
| Professional and Related Occupations | 22.41% | 22.68% |
| Service | 10.54% | 14.51% |
| Sales and Office | 21.91% | 25.22% |
| Farming, Fishing, and Forestry | 0.49% | 0.68% |
| Construction, Extraction, and Maintenance | 12.69% | 9.37% |
| Production, Transportation, and Material Moving | 19.44% | 15.86% |
The unemployment rate in Franklin, TX, is 8.90%, with job growth of 1.82%. Future job growth over the next ten years is predicted to be 34.74%.
Franklin, TX Taxes
Franklin, TX,sales tax rate is 8.25%. Income tax is 0.00%.
Franklin, TX Income and Salaries
The income per capita is $21,228, which includes all adults and children. The median household income is $47,093.
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