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Economy

Download .xls | Last Updated: June, 2014

  ECONOMY OVERVIEW
  

The unemployment rate in Franklin County, NC, is 5.70%, with job growth of 3.71%. Future job growth over the next ten years is predicted to be 41.70%.

Franklin County, NC Taxes
Franklin County, NC,sales tax rate is 6.75%. Income tax is 5.80%.

Franklin County, NC Income and Salaries

The income per capita is $21,710, which includes all adults and children. The median household income is $42,920.

  ECONOMYFranklin, NCUnited States
  Unemployment Rate  5.70%6.30%
  Recent Job Growth  3.71%1.18%
  Future Job Growth  41.70%36.10%
  Sales Taxes  6.75%6.00%
  Income Taxes  5.80%4.72%
  Income per Cap.  $21,710$28,051
  Household Income  $42,920$53,046
  Family Median Income  $52,504$64,585
  ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
  Income Less Than 15K  12.97%12.61%
  Income between 15K and 20K  7.82%5.33%
  Income between 20K and 30K  13.14%10.57%
  Income between 30K and 40K  13.20%9.90%
  Income between 40K and 50K  8.88%8.95%
  Income between 50K and 60K  8.47%8.08%
  Income between 60K and 75K  9.07%10.09%
  Income between 75K and 100K  13.08%12.25%
  Income between 100K and 150K  9.07%12.82%
  Income between 150K and 200K  2.78%4.78%
  Income greater than 200K  1.53%4.64%
  POPULATION BY OCCUPATION
  Management, business, finance  13.92%14.36%
  Engineering, computers, science  3.78%5.24%
  Community, social services  1.51%1.66%
  Legal  0.39%1.17%
  Education, library  4.74%6.10%
  Arts, design, media, sports, entertainment  0.60%1.88%
  Healthcare practitioners and technology  5.47%5.49%
  Healthcare support  3.83%2.47%
  Firefighters, law enforcement  2.24%2.24%
  Food preparation, serving  4.37%5.61%
  Building maintenance  3.63%3.97%
  Personal care  1.85%3.54%
  Sales, office, administrative support  24.24%24.89%
  Farming, fishing, forestry  1.49%0.73%
  Construction, extraction, maintenance/repair  12.71%8.56%
  Production, transportation, material moving  15.24%12.10%


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