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Economy in Tennessee

Overview, People, Health, Economy, Housing, Rankings, Climate
Crime, Comments, Transportation, Cost of Living, Religion, Voting

EconomyTennessee, TNUnited States
Unemployment Rate9.10%8.60%
Recent Job Growth1.71%0.35%
Future Job Growth34.32%32.10%
Sales Taxes7.00%5.00%
Income Taxes6.00%4.70%
Income per Cap.$22,809$26,154
Household Income$43,318$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K15.27%12.37%
Income between 15K and 25K12.40%10.53%
Income between 25K and 35K12.56%10.88%
Income between 35K and 50K17.06%15.37%
Income between 50K and 75K20.14%20.14%
Income between 75K and 100K10.32%12.41%
Income between 100K and 150K7.88%11.27%
Income between 150K and 250K3.09%5.01%
Income between 250K and 500K1.19%1.86%
Income greater than 500K0.11%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations12.51%14.04%
Professional and Related Occupations18.19%20.61%
Service13.22%14.45%
Sales and Office26.26%26.75%
Farming, Fishing, and Forestry0.53%0.70%
Construction, Extraction, and Maintenance10.16%9.42%
Production, Transportation, and Material Moving19.13%14.05%


Median Household Income

The unemployment rate in Tennessee, TN, is 9.10%, with job growth of 1.71%. Future job growth over the next ten years is predicted to be 34.32%.

Tennessee, TN Taxes

Tennessee, TN,sales tax rate is 7.00%. Income tax is 6.00%.

Tennessee, TN Income and Salaries

The income per capita is $22,809, which includes all adults and children. The median household income is $43,318.


Tennessee Economy SperlingViews

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