Jonesborough, TN Economy


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Jonesborough, TN is an affordable place to live. It offers a two-bedroom rent of only $1,030, which is significantly lower than the US average of $1,430. Furthermore, the grocery cost index in Jonesborough is 98 compared to 100 in the US. This makes it cheaper to buy groceries and other necessities here than in most places. The town is also home to several local businesses such as Jonesborough Fine Arts Gallery, Jonesborough Repertory Theatre, and Main Street Cafe & Coffeehouse. These establishments help give the town its own unique character and charm. With its affordable prices and lively atmosphere, Jonesborough is an ideal city for those looking for a more budget-friendly lifestyle.

Jonesborough has an unemployment rate of 4.6%. The US average is 6.0%.

Jonesborough has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 35.0%, which is higher than the US average of 33.5%.

Tax Rates for Jonesborough
- The Sales Tax Rate for Jonesborough is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Jonesborough is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Jonesborough
- The average income of a Jonesborough resident is $23,759 a year. The US average is $28,555 a year.
- The Median household income of a Jonesborough resident is $64,464 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyJonesborough, TennesseeUnited States
  4.66
  -4.9%-6.2%
  35.0%33.5%
  9.5%6.2%
  0.0%4.6%
  $34,631$37,638
  $64,464$69,021
  $79,017$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.5%6.8%
  8.2%10.0%
  2.5%2.5%
  17.0%11.0%
  1.2%4.8%
  0.5%0.8%
  0.5%1.9%
  4.0%4.7%
  0.0%1.9%
  5.3%7.6%
  0.0%0.1%
  3.8%4.2%
  9.6%9.3%
  14.9%14.0%
  7.3%2.1%
  12.0%7.0%
  5.6%4.8%
  3.0%4.7%
Reviews for Jonesborough
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Over 14 years ago

Oldest city in TN. Has great historic sites to visit. Becomes very congested when there is a festival in progress (there are several each year). People are friendly.   More

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Over 16 years ago

great bang for your buck, low taxes, nice  More

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Over 18 years ago

Wonderful year round climate, just enough of every  More

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