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Economy in Munford, Tennessee

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Economy
EconomyMunford, TNUnited States
Unemployment Rate10.60%9.10%
Recent Job Growth-0.70%-0.12%
Future Job Growth28.00%31.25%
Sales Taxes9.25%6.80%
Income Taxes0.00%6.25%
Income per Cap.$23,482$27,067
Household Income$53,917$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K9.51%12.10%
Income between 15K and 25K9.82%10.18%
Income between 25K and 35K10.90%10.56%
Income between 35K and 50K15.74%14.98%
Income between 50K and 75K26.37%19.53%
Income between 75K and 100K12.06%12.52%
Income between 100K and 150K11.83%12.14%
Income between 150K and 250K1.21%3.91%
Income between 250K and 500K2.06%3.34%
Income greater than 500K0.49%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations10.03%13.81%
Professional and Related Occupations14.46%22.68%
Service14.53%14.51%
Sales and Office26.97%25.22%
Farming, Fishing, and Forestry0.13%0.68%
Construction, Extraction, and Maintenance17.72%9.37%
Production, Transportation, and Material Moving21.89%15.86%
Median Household Income

The unemployment rate in Munford, TN, is 10.60%, with job growth of -0.70%. Future job growth over the next ten years is predicted to be 28.00%.

Munford, TN Taxes

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

Munford, TN Income and Salaries

The income per capita is $23,482, which includes all adults and children. The median household income is $53,917.


Munford Economy SperlingViews

City Tax Rate: The Munford city property tax rate (e.g. homes) is $1.15 for every $100.00 of valuation for 2007-2008. The county (Tipton) property tax rate is $2.85 for every $100.00... (read more)Have an opinion about Munford? Leave a commentTo See All SperlingViews for Munford Click Here