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Economy in Tennessee

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Economy
EconomyTennessee, TNUnited States
Unemployment Rate9.50%9.10%
Recent Job Growth1.76%-0.12%
Future Job Growth34.02%31.25%
Sales Taxes8.50%6.80%
Income Taxes0.00%6.25%
Income per Cap.$23,697$27,067
Household Income$44,006$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K15.60%12.10%
Income between 15K and 25K12.06%10.18%
Income between 25K and 35K12.30%10.56%
Income between 35K and 50K16.57%14.98%
Income between 50K and 75K19.42%19.53%
Income between 75K and 100K10.43%12.52%
Income between 100K and 150K8.79%12.14%
Income between 150K and 250K2.20%3.91%
Income between 250K and 500K2.18%3.34%
Income greater than 500K0.46%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations12.63%13.81%
Professional and Related Occupations21.72%22.68%
Service14.46%14.51%
Sales and Office26.27%25.22%
Farming, Fishing, and Forestry0.49%0.68%
Construction, Extraction, and Maintenance9.97%9.37%
Production, Transportation, and Material Moving20.19%15.86%
Median Household Income

The unemployment rate in Tennessee, TN, is 9.50%, with job growth of 1.76%. Future job growth over the next ten years is predicted to be 34.02%.

Tennessee, TN Taxes

Tennessee, TN,sales tax rate is 8.50%. Income tax is 0.00%.

Tennessee, TN Income and Salaries

The income per capita is $23,697, which includes all adults and children. The median household income is $44,006.


Tennessee Economy SperlingViews

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