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Economy in Oliver Springs, Tennessee

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyOliver Springs, TNUnited States
Unemployment Rate8.60%9.10%
Recent Job Growth3.24%-0.12%
Future Job Growth37.88%31.25%
Sales Taxes9.75%6.80%
Income Taxes0.00%6.25%
Income per Cap.$20,764$27,067
Household Income$40,300$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K17.18%12.10%
Income between 15K and 25K12.68%10.18%
Income between 25K and 35K12.82%10.56%
Income between 35K and 50K20.14%14.98%
Income between 50K and 75K16.69%19.53%
Income between 75K and 100K12.82%12.52%
Income between 100K and 150K6.97%12.14%
Income between 150K and 250K0.21%3.91%
Income between 250K and 500K0.35%3.34%
Income greater than 500K0.14%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations6.48%13.81%
Professional and Related Occupations25.79%22.68%
Service19.68%14.51%
Sales and Office24.54%25.22%
Farming, Fishing, and Forestry0.15%0.68%
Construction, Extraction, and Maintenance16.95%9.37%
Production, Transportation, and Material Moving19.75%15.86%
Median Household Income

The unemployment rate in Oliver Springs, TN, is 8.60%, with job growth of 3.24%. Future job growth over the next ten years is predicted to be 37.88%.

Oliver Springs, TN Taxes

Oliver Springs, TN,sales tax rate is 9.75%. Income tax is 0.00%.

Oliver Springs, TN Income and Salaries

The income per capita is $20,764, which includes all adults and children. The median household income is $40,300.


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