Unicoi, TN Economy


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Unicoi, TN is a small city with a population of around 5,000 people. It is located in the northeast region of Tennessee and is known for its beautiful landscapes and rolling hills. The cost of living in Unicoi is quite reasonable, as the rent for a 2 bedroom apartment is approximately $780, compared to the US median rent of $1,430. Additionally, the Grocery Cost Index in Unicoi is 97 versus 100 in the US.
Unicoi offers many business opportunities ranging from manufacturing to professional services. Some well-known local companies include B & J Manufacturing Company and A Plus Flooring Solutions. The town also boasts several educational institutions such as Unicoi County High School and East Tennessee State University's Unicoi County Campus. Recreational activities in Unicoi include hiking trails at Rock Creek Park, fishing at Buffalo Creek Park, and biking on nearby mountain roads.

Unicoi has an unemployment rate of 7.1%. The US average is 6.0%.

Unicoi has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 29.5%, which is lower than the US average of 33.5%.

Tax Rates for Unicoi
- The Sales Tax Rate for Unicoi is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Unicoi 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 Unicoi
- The average income of a Unicoi resident is $29,742 a year. The US average is $28,555 a year.
- The Median household income of a Unicoi resident is $40,388 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyUnicoi, TennesseeUnited States
  7.16
  -4.7%-6.2%
  29.5%33.5%
  9.8%6.2%
  0.0%4.6%
  $26,829$37,638
  $40,388$69,021
  $61,250$85,028
  Population by Occupation
  2.1%1.2%
  0.0%0.5%
  5.4%6.8%
  17.9%10.0%
  2.0%2.5%
  18.7%11.0%
  6.2%4.8%
  0.0%0.8%
  0.0%1.9%
  1.8%4.7%
  0.9%1.9%
  2.4%7.6%
  0.0%0.1%
  5.6%4.2%
  13.8%9.3%
  12.3%14.0%
  1.1%2.1%
  3.5%7.0%
  1.1%4.8%
  5.3%4.7%
Reviews for Unicoi
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My daughter's home is in Unicoi - and the area is peaceful and breath takingly beautiful. She has been there for 2 years and I visit often. Unicoi is a short drive - 15  More

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