Economy in Oak Ridge, Tennessee
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Economy
| Unemployment Rate | 8.10% | 9.10% |
| Recent Job Growth | 4.30% | -0.12% |
| Future Job Growth | 40.50% | 31.25% |
| Sales Taxes | 9.75% | 6.80% |
| Income Taxes | 0.00% | 6.25% |
| Income per Cap. | $30,666 | $27,067 |
| Household Income | $48,809 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 13.52% | 12.10% |
| Income between 15K and 25K | 10.16% | 10.18% |
| Income between 25K and 35K | 12.11% | 10.56% |
| Income between 35K and 50K | 15.25% | 14.98% |
| Income between 50K and 75K | 16.49% | 19.53% |
| Income between 75K and 100K | 12.09% | 12.52% |
| Income between 100K and 150K | 13.26% | 12.14% |
| Income between 150K and 250K | 3.86% | 3.91% |
| Income between 250K and 500K | 2.85% | 3.34% |
| Income greater than 500K | 0.42% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 13.26% | 13.81% |
| Professional and Related Occupations | 39.45% | 22.68% |
| Service | 14.08% | 14.51% |
| Sales and Office | 22.03% | 25.22% |
| Farming, Fishing, and Forestry | 0.06% | 0.68% |
| Construction, Extraction, and Maintenance | 5.68% | 9.37% |
| Production, Transportation, and Material Moving | 9.52% | 15.86% |
The unemployment rate in Oak Ridge, TN, is 8.10%, with job growth of 4.30%. Future job growth over the next ten years is predicted to be 40.50%.
Oak Ridge, TN Taxes
Oak Ridge, TN,sales tax rate is 9.75%. Income tax is 0.00%.
Oak Ridge, TN Income and Salaries
The income per capita is $30,666, which includes all adults and children. The median household income is $48,809.
Oak Ridge Economy SperlingViews
If you are active and under 30 ... : I would not recommend Oak Ridge to you. The city is okay, and a drive to the mountains is only a short drive. However, the crime rate in Oak Ridge is astronomical for... (read more)Oak Ridge is the best!!!!!!: Oak Ridge is a great town. I love it here. Be sure to check out the fine local cafes and bistros. The World's Famous Jefferson Tavern is a must visit for anyone passing... (read more)I Love Oak Ridge: I was born and raised in Oak Ridge and I loved every minute of it...even more that I do not live there now. It is an awesome place to raise a family and the school... (read more)Have an opinion about Oak Ridge? Leave a commentTo See All SperlingViews for Oak Ridge Click Here
