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Economy in Martin, Tennessee

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

EconomyMartin, TNUnited States
Unemployment Rate12.40%8.60%
Recent Job Growth4.14%0.35%
Future Job Growth35.88%32.10%
Sales Taxes9.75%5.00%
Income Taxes6.00%4.70%
Income per Cap.$17,291$26,154
Household Income$31,365$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K29.28%12.37%
Income between 15K and 25K14.21%10.53%
Income between 25K and 35K11.03%10.88%
Income between 35K and 50K16.19%15.37%
Income between 50K and 75K16.44%20.14%
Income between 75K and 100K7.07%12.41%
Income between 100K and 150K3.99%11.27%
Income between 150K and 250K1.03%5.01%
Income between 250K and 500K0.68%1.86%
Income greater than 500K0.07%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations7.95%14.04%
Professional and Related Occupations20.06%20.61%
Service20.24%14.45%
Sales and Office23.42%26.75%
Farming, Fishing, and Forestry0.96%0.70%
Construction, Extraction, and Maintenance7.40%9.42%
Production, Transportation, and Material Moving19.97%14.05%


Median Household Income

The unemployment rate in Martin, TN, is 12.40%, with job growth of 4.14%. Future job growth over the next ten years is predicted to be 35.88%.

Martin, TN Taxes

Martin, TN,sales tax rate is 9.75%. Income tax is 6.00%.

Martin, TN Income and Salaries

The income per capita is $17,291, which includes all adults and children. The median household income is $31,365.


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