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Economy in Farragut, Tennessee

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyFarragut, TNUnited States
Unemployment Rate7.00%9.10%
Recent Job Growth3.25%-0.12%
Future Job Growth39.50%31.25%
Sales Taxes9.25%6.80%
Income Taxes0.00%6.25%
Income per Cap.$43,213$27,067
Household Income$93,638$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K4.39%12.10%
Income between 15K and 25K4.24%10.18%
Income between 25K and 35K5.51%10.56%
Income between 35K and 50K9.03%14.98%
Income between 50K and 75K14.39%19.53%
Income between 75K and 100K16.43%12.52%
Income between 100K and 150K25.03%12.14%
Income between 150K and 250K9.51%3.91%
Income between 250K and 500K9.76%3.34%
Income greater than 500K1.72%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations23.21%13.81%
Professional and Related Occupations32.87%22.68%
Service8.91%14.51%
Sales and Office24.93%25.22%
Farming, Fishing, and Forestry0.00%0.68%
Construction, Extraction, and Maintenance2.80%9.37%
Production, Transportation, and Material Moving6.01%15.86%
Median Household Income

The unemployment rate in Farragut, TN, is 7.00%, with job growth of 3.25%. Future job growth over the next ten years is predicted to be 39.50%.

Farragut, TN Taxes

Farragut, TN,sales tax rate is 9.25%. Income tax is 0.00%.

Farragut, TN Income and Salaries

The income per capita is $43,213, which includes all adults and children. The median household income is $93,638.


Farragut Economy SperlingViews

We are thinking of moving to Farragut from the Mid: What are your thoughts on living in... (read more)Dear John- Wish you could have Actually visited Fa: HA! John from LA, I have been to LA and the only thing that state has going for it, is having Nick Saban as LSU's coach for a short time and New Orleans. Even New... (read more)re: Too bad part of Knoxville area - 8/25/2007: This post was entered twice. It is also untrue. I think "boring" is one of the few descriptors that I haven't heard applied to Knoxville before. Forbes named Knoxville... (read more)Have an opinion about Farragut? Leave a commentTo See All SperlingViews for Farragut Click Here