Jefferson City, TN Economy


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Jefferson City, TN is an attractive location for those seeking a cost friendly lifestyle. The average rent for a 2 Bedroom apartment is $820, which is significantly lower than the national average of $1,430. Additionally, the grocery cost index in Jefferson City is 96 compared to the US average of 100 - making it even more affordable to live here. Local companies such as Jefferson Supply Company, NHC HealthCare Jefferson City and B & B Plumbing are all great options for employment in the area. The overall cost of living in Jefferson City makes it a desirable place for individuals looking to save money and enjoy life without breaking their budget.

Jefferson City has an unemployment rate of 5.0%. The US average is 6.0%.

Jefferson City has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 39.1%, which is higher than the US average of 33.5%.

Tax Rates for Jefferson City
- The Sales Tax Rate for Jefferson City is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Jefferson City 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 Jefferson City
- The average income of a Jefferson City resident is $17,027 a year. The US average is $28,555 a year.
- The Median household income of a Jefferson City resident is $46,056 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyJefferson City, TennesseeUnited States
  56
  -3.9%-6.2%
  39.1%33.5%
  9.8%6.2%
  0.0%4.6%
  $20,159$37,638
  $46,056$69,021
  $60,554$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  5.3%6.8%
  11.5%10.0%
  3.7%2.5%
  15.5%11.0%
  4.9%4.8%
  0.9%0.8%
  2.0%1.9%
  2.7%4.7%
  0.5%1.9%
  1.3%7.6%
  0.4%0.1%
  2.7%4.2%
  10.8%9.3%
  10.9%14.0%
  3.7%2.1%
  14.3%7.0%
  5.8%4.8%
  2.6%4.7%
Reviews for Jefferson City
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Over 10 years ago

Jefferson City is one of the most cost efficient places in the world! I make a little more than $1000 a month and live very  More

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