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Economy in Franklin, Vermont

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyFranklin, VTUnited States
Unemployment Rate6.20%9.10%
Recent Job Growth1.35%-0.12%
Future Job Growth36.50%31.25%
Sales Taxes6.00%6.80%
Income Taxes9.50%6.25%
Income per Cap.$23,488$27,067
Household Income$53,867$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K5.59%12.10%
Income between 15K and 25K8.28%10.18%
Income between 25K and 35K12.98%10.56%
Income between 35K and 50K20.13%14.98%
Income between 50K and 75K20.81%19.53%
Income between 75K and 100K19.24%12.52%
Income between 100K and 150K9.18%12.14%
Income between 150K and 250K1.34%3.91%
Income between 250K and 500K2.01%3.34%
Income greater than 500K0.45%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations15.11%13.81%
Professional and Related Occupations20.86%22.68%
Service8.16%14.51%
Sales and Office22.59%25.22%
Farming, Fishing, and Forestry4.95%0.68%
Construction, Extraction, and Maintenance12.17%9.37%
Production, Transportation, and Material Moving18.32%15.86%
Median Household Income

The unemployment rate in Franklin, VT, is 6.20%, with job growth of 1.35%. Future job growth over the next ten years is predicted to be 36.50%.

Franklin, VT Taxes

Franklin, VT,sales tax rate is 6.00%. Income tax is 9.50%.

Franklin, VT Income and Salaries

The income per capita is $23,488, which includes all adults and children. The median household income is $53,867.


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