Economy in Lynchburg, Tennessee
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Economy
| Unemployment Rate | 10.60% | 9.10% |
| Recent Job Growth | 2.15% | -0.12% |
| Future Job Growth | 33.70% | 31.25% |
| Sales Taxes | 9.50% | 6.80% |
| Income Taxes | 0.00% | 6.25% |
| Income per Cap. | $24,633 | $27,067 |
| Household Income | $46,381 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 12.36% | 12.10% |
| Income between 15K and 25K | 11.57% | 10.18% |
| Income between 25K and 35K | 11.77% | 10.56% |
| Income between 35K and 50K | 18.54% | 14.98% |
| Income between 50K and 75K | 20.60% | 19.53% |
| Income between 75K and 100K | 10.97% | 12.52% |
| Income between 100K and 150K | 8.72% | 12.14% |
| Income between 150K and 250K | 3.17% | 3.91% |
| Income between 250K and 500K | 1.86% | 3.34% |
| Income greater than 500K | 0.44% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 11.33% | 13.81% |
| Professional and Related Occupations | 18.73% | 22.68% |
| Service | 16.44% | 14.51% |
| Sales and Office | 23.74% | 25.22% |
| Farming, Fishing, and Forestry | 0.29% | 0.68% |
| Construction, Extraction, and Maintenance | 12.34% | 9.37% |
| Production, Transportation, and Material Moving | 25.90% | 15.86% |
The unemployment rate in Lynchburg, TN, is 10.60%, with job growth of 2.15%. Future job growth over the next ten years is predicted to be 33.70%.
Lynchburg, TN Taxes
Lynchburg, TN,sales tax rate is 9.50%. Income tax is 0.00%.
Lynchburg, TN Income and Salaries
The income per capita is $24,633, which includes all adults and children. The median household income is $46,381.
Lynchburg Economy SperlingViews
Snow Bird in Lynchbury: We recently (3 years) have lived in the area mostly in the summer. I nlike no Wal Mart.no strip malls, no condos. The people here are friendly and would help u in a... (read more)Home of Jack Daniels: Great place to live taxes are low and so is our crime rate. JD contributes alot to our economy. On the negative side we join Coffee County specificly the city of... (read more)Have an opinion about Lynchburg? Leave a commentTo See All SperlingViews for Lynchburg Click Here
