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Economy in Germantown, Tennessee

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

Economy
EconomyGermantown, TNUnited States
Unemployment Rate6.20%9.10%
Recent Job Growth0.70%-0.12%
Future Job Growth35.20%31.25%
Sales Taxes9.25%6.80%
Income Taxes0.00%6.25%
Income per Cap.$49,678$27,067
Household Income$101,981$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K2.67%12.10%
Income between 15K and 25K2.54%10.18%
Income between 25K and 35K4.07%10.56%
Income between 35K and 50K7.66%14.98%
Income between 50K and 75K16.49%19.53%
Income between 75K and 100K15.38%12.52%
Income between 100K and 150K24.07%12.14%
Income between 150K and 250K10.21%3.91%
Income between 250K and 500K13.29%3.34%
Income greater than 500K3.62%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations28.22%13.81%
Professional and Related Occupations24.75%22.68%
Service8.37%14.51%
Sales and Office28.30%25.22%
Farming, Fishing, and Forestry0.19%0.68%
Construction, Extraction, and Maintenance3.06%9.37%
Production, Transportation, and Material Moving6.57%15.86%
Median Household Income

The unemployment rate in Germantown, TN, is 6.20%, with job growth of 0.70%. Future job growth over the next ten years is predicted to be 35.20%.

Germantown, TN Taxes

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

Germantown, TN Income and Salaries

The income per capita is $49,678, which includes all adults and children. The median household income is $101,981.


Germantown Economy SperlingViews

Two Seasons, Hot & Dead: I have lived all over this great country. Germantown is my hometown and I can't stand it. As far as the climate, it's great if you like it hot and humid. It's great in... (read more)Germantown, TN: Germantown, TN is a small suburb of Memphis, TN with a good school system, great community life and a very low crime... (read more)Germantown TN quality of life: Germantown TN is a nice place to live. The only negative is its close proximity to Memphis,... (read more)Have an opinion about Germantown? Leave a commentTo See All SperlingViews for Germantown Click Here