Economy in Spencer, Tennessee

Economy

Economy	Spencer, TN	United States
Unemployment Rate	12.40%	9.10%
Recent Job Growth	0.93%	-0.12%
Future Job Growth	29.46%	31.25%
Sales Taxes	9.75%	6.80%
Income Taxes	0.00%	6.25%
Income per Cap.	$18,736	$27,067
Household Income	$31,665	$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K	24.85%	12.10%
Income between 15K and 25K	15.20%	10.18%
Income between 25K and 35K	14.62%	10.56%
Income between 35K and 50K	15.94%	14.98%
Income between 50K and 75K	17.25%	19.53%
Income between 75K and 100K	6.29%	12.52%
Income between 100K and 150K	3.66%	12.14%
Income between 150K and 250K	0.44%	3.91%
Income between 250K and 500K	1.32%	3.34%
Income greater than 500K	0.44%	0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations	8.76%	13.81%
Professional and Related Occupations	13.14%	22.68%
Service	16.10%	14.51%
Sales and Office	18.22%	25.22%
Farming, Fishing, and Forestry	1.55%	0.68%
Construction, Extraction, and Maintenance	8.47%	9.37%
Production, Transportation, and Material Moving	33.47%	15.86%

The unemployment rate in Spencer, TN, is 12.40%, with job growth of 0.93%. Future job growth over the next ten years is predicted to be 29.46%.

Spencer, TN,sales tax rate is 9.75%. Income tax is 0.00%.

The income per capita is $18,736, which includes all adults and children. The median household income is $31,665.

Spencer Economy SperlingViews