Economy in Townsend, Tennessee
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Economy
| Unemployment Rate | 8.30% | 9.10% |
| Recent Job Growth | 2.55% | -0.12% |
| Future Job Growth | 36.80% | 31.25% |
| Sales Taxes | 9.25% | 6.80% |
| Income Taxes | 0.00% | 6.25% |
| Income per Cap. | $24,427 | $27,067 |
| Household Income | $45,502 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 11.45% | 12.10% |
| Income between 15K and 25K | 11.45% | 10.18% |
| Income between 25K and 35K | 13.74% | 10.56% |
| Income between 35K and 50K | 19.08% | 14.98% |
| Income between 50K and 75K | 25.19% | 19.53% |
| Income between 75K and 100K | 9.92% | 12.52% |
| Income between 100K and 150K | 7.63% | 12.14% |
| Income between 150K and 250K | 0.76% | 3.91% |
| Income between 250K and 500K | 0.00% | 3.34% |
| Income greater than 500K | 0.76% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 12.80% | 13.81% |
| Professional and Related Occupations | 13.60% | 22.68% |
| Service | 20.80% | 14.51% |
| Sales and Office | 24.80% | 25.22% |
| Farming, Fishing, and Forestry | 0.80% | 0.68% |
| Construction, Extraction, and Maintenance | 17.60% | 9.37% |
| Production, Transportation, and Material Moving | 12.00% | 15.86% |
The unemployment rate in Townsend, TN, is 8.30%, with job growth of 2.55%. Future job growth over the next ten years is predicted to be 36.80%.
Townsend, TN Taxes
Townsend, TN,sales tax rate is 9.25%. Income tax is 0.00%.
Townsend, TN Income and Salaries
The income per capita is $24,427, which includes all adults and children. The median household income is $45,502.
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