Caryville, TN Economy


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Caryville, TN is an idyllic small town nestled in the foothills of Tennessee. It offers a peaceful and inviting atmosphere for its residents. A great advantage of living in Caryville is the low cost of living; two bedroom rent averages at $880, while the U.S average is $1,430. Additionally, grocery costs are at 95 compared to 100 nationally. Local companies include Vandeventer Construction, Smith's Floral & Gift Shop, and Humphrey's Feed Store that have been servicing the community for many years. With its rural charm and affordability, Caryville offers something truly special to its residents and visitors alike.

Caryville has an unemployment rate of 6.4%. The US average is 6.0%.

Caryville has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 33.9%, which is higher than the US average of 33.5%.

Tax Rates for Caryville
- The Sales Tax Rate for Caryville is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Caryville is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Caryville
- The average income of a Caryville resident is $18,922 a year. The US average is $28,555 a year.
- The Median household income of a Caryville resident is $49,886 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCaryville, TennesseeUnited States
  6.46
  -4.2%-6.2%
  33.9%33.5%
  9.3%6.2%
  0.0%4.6%
  $29,638$37,638
  $49,886$69,021
  $61,514$85,028
  Population by Occupation
  2.7%1.2%
  0.0%0.5%
  12.8%6.8%
  19.0%10.0%
  2.3%2.5%
  11.8%11.0%
  6.0%4.8%
  1.4%0.8%
  0.0%1.9%
  5.6%4.7%
  4.3%1.9%
  3.5%7.6%
  0.0%0.1%
  3.0%4.2%
  4.8%9.3%
  10.8%14.0%
  0.0%2.1%
  6.6%7.0%
  1.2%4.8%
  4.3%4.7%
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