Economy in New Market, Tennessee
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Economy
| Unemployment Rate | 11.90% | 9.10% |
| Recent Job Growth | 0.84% | -0.12% |
| Future Job Growth | 29.78% | 31.25% |
| Sales Taxes | 9.25% | 6.80% |
| Income Taxes | 0.00% | 6.25% |
| Income per Cap. | $20,472 | $27,067 |
| Household Income | $45,093 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 11.48% | 12.10% |
| Income between 15K and 25K | 12.65% | 10.18% |
| Income between 25K and 35K | 11.87% | 10.56% |
| Income between 35K and 50K | 21.21% | 14.98% |
| Income between 50K and 75K | 24.12% | 19.53% |
| Income between 75K and 100K | 10.70% | 12.52% |
| Income between 100K and 150K | 6.81% | 12.14% |
| Income between 150K and 250K | 0.58% | 3.91% |
| Income between 250K and 500K | 0.39% | 3.34% |
| Income greater than 500K | 0.19% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 13.10% | 13.81% |
| Professional and Related Occupations | 17.46% | 22.68% |
| Service | 15.01% | 14.51% |
| Sales and Office | 25.38% | 25.22% |
| Farming, Fishing, and Forestry | 0.82% | 0.68% |
| Construction, Extraction, and Maintenance | 12.01% | 9.37% |
| Production, Transportation, and Material Moving | 22.37% | 15.86% |
The unemployment rate in New Market, TN, is 11.90%, with job growth of 0.84%. Future job growth over the next ten years is predicted to be 29.78%.
New Market, TN Taxes
New Market, TN,sales tax rate is 9.25%. Income tax is 0.00%.
New Market, TN Income and Salaries
The income per capita is $20,472, which includes all adults and children. The median household income is $45,093.
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