Banner Hill, Tennessee 

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Economy in Banner Hill, Tennessee

Banner Hill has an unemployment rate of 7.2%. The US average is 5.2%.

Banner Hill has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 32.4%, which is lower than the US average of 38.0%.

Tax Rates for Banner Hill
- The Sales Tax Rate for Banner Hill is 9.8%. The US average is 6.0%.
- The Income Tax Rate for Banner Hill is 0.0%. The US average is 4.6%.

Income and Salaries for Banner Hill
- The average income of a Banner Hill resident is $19,636 a year. The US average is $28,555 a year.
- The Median household income of a Banner Hill resident is $25,294 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

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  ECONOMYBanner Hill, TennesseeUnited States
  Unemployment Rate7.2%5.2%
  Recent Job Growth-0.2%1.6%
  Future Job Growth32.4%38.0%
  Sales Taxes9.8%6.0%
  Income Taxes00.046
  Income per Cap.$19,636$28,555
  Household Income$25,294$53,482
  Family Median Income$51,576$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting3.5%1.3%
  Mining, quarrying, oil and gas extraction0.0%0.6%
  Construction3.8%6.2%
  Manufacturing23.5%10.4%
  Wholesale trade0.0%2.7%
  Retail trade6.7%11.6%
  Transportation and warehousing0.0%4.1%
  Utilities00
  Information4.0%2.1%
  Finance and insurance2.4%4.7%
  Real estate, rental, leasing0.0%1.9%
  Professional, scientific, technical services0.0%6.7%
  Management of companies0.0%0.1%
  Administrative, support, waste mgt svcs12.1%4.3%
  Educational services0.0%9.3%
  Health care and social assistance8.9%13.8%
  Arts, entertainment, recreation0.0%2.2%
  Accommodation, food services7.3%7.4%
  Other services9.4%4.9%
  Public administration18.3%4.8%
ECONOMY MAP
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