Economy in Farmington, Utah

Economy

Economy	Farmington, UT	United States
Unemployment Rate	6.90%	9.10%
Recent Job Growth	-1.24%	-0.12%
Future Job Growth	30.62%	31.25%
Sales Taxes	6.40%	6.80%
Income Taxes	6.98%	6.25%
Income per Cap.	$31,729	$27,067
Household Income	$92,682	$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K	1.74%	12.10%
Income between 15K and 25K	2.42%	10.18%
Income between 25K and 35K	5.05%	10.56%
Income between 35K and 50K	9.96%	14.98%
Income between 50K and 75K	17.73%	19.53%
Income between 75K and 100K	18.43%	12.52%
Income between 100K and 150K	25.52%	12.14%
Income between 150K and 250K	9.03%	3.91%
Income between 250K and 500K	7.62%	3.34%
Income greater than 500K	2.49%	0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations	26.70%	13.81%
Professional and Related Occupations	25.70%	22.68%
Service	10.59%	14.51%
Sales and Office	25.61%	25.22%
Farming, Fishing, and Forestry	0.05%	0.68%
Construction, Extraction, and Maintenance	5.56%	9.37%
Production, Transportation, and Material Moving	9.67%	15.86%

The unemployment rate in Farmington, UT, is 6.90%, with job growth of -1.24%. Future job growth over the next ten years is predicted to be 30.62%.

Farmington, UT,sales tax rate is 6.40%. Income tax is 6.98%.

The income per capita is $31,729, which includes all adults and children. The median household income is $92,682.

Farmington Economy SperlingViews