Economy in Watertown, Tennessee
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Economy
| Unemployment Rate | 7.90% | 9.10% |
| Recent Job Growth | 2.15% | -0.12% |
| Future Job Growth | 36.40% | 31.25% |
| Sales Taxes | 9.25% | 6.80% |
| Income Taxes | 0.00% | 6.25% |
| Income per Cap. | $24,867 | $27,067 |
| Household Income | $51,054 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 12.82% | 12.10% |
| Income between 15K and 25K | 10.75% | 10.18% |
| Income between 25K and 35K | 12.13% | 10.56% |
| Income between 35K and 50K | 13.17% | 14.98% |
| Income between 50K and 75K | 22.18% | 19.53% |
| Income between 75K and 100K | 14.90% | 12.52% |
| Income between 100K and 150K | 9.53% | 12.14% |
| Income between 150K and 250K | 2.60% | 3.91% |
| Income between 250K and 500K | 1.39% | 3.34% |
| Income greater than 500K | 0.52% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 7.96% | 13.81% |
| Professional and Related Occupations | 20.06% | 22.68% |
| Service | 13.02% | 14.51% |
| Sales and Office | 20.21% | 25.22% |
| Farming, Fishing, and Forestry | 0.61% | 0.68% |
| Construction, Extraction, and Maintenance | 17.92% | 9.37% |
| Production, Transportation, and Material Moving | 28.64% | 15.86% |
The unemployment rate in Watertown, TN, is 7.90%, with job growth of 2.15%. Future job growth over the next ten years is predicted to be 36.40%.
Watertown, TN Taxes
Watertown, TN,sales tax rate is 9.25%. Income tax is 0.00%.
Watertown, TN Income and Salaries
The income per capita is $24,867, which includes all adults and children. The median household income is $51,054.
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