Kingston, TN Economy


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Kingston, TN is a great place for families looking to save money. Not only is the 2 Bedroom Rent much cheaper than the national average at $970 per month compared to $1,430, but grocery cost index is also lower at 98 versus 100 in the US. Local companies in Kingston, TN include manufacturing companies such as Goodyear Tire & Rubber Company and Farragut Machine Tools Corporation. Other local businesses include Ace Hardware of Kingston, Kingston True Value Home Center, and a number of restaurants from both large chains and locally owned eateries.

Kingston has an unemployment rate of 5.5%. The US average is 6.0%.

Kingston has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 35.4%, which is higher than the US average of 33.5%.

Tax Rates for Kingston
- The Sales Tax Rate for Kingston is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Kingston 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 Kingston
- The average income of a Kingston resident is $25,824 a year. The US average is $28,555 a year.
- The Median household income of a Kingston resident is $65,508 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKingston, TennesseeUnited States
  5.56
  -4.2%-6.2%
  35.4%33.5%
  9.5%6.2%
  0.0%4.6%
  $32,448$37,638
  $65,508$69,021
  $77,184$85,028
  Population by Occupation
  1.4%1.2%
  0.0%0.5%
  2.5%6.8%
  10.5%10.0%
  2.7%2.5%
  15.9%11.0%
  3.7%4.8%
  1.0%0.8%
  0.0%1.9%
  5.2%4.7%
  0.0%1.9%
  12.2%7.6%
  0.0%0.1%
  6.6%4.2%
  12.0%9.3%
  15.9%14.0%
  0.9%2.1%
  5.1%7.0%
  3.9%4.8%
  0.5%4.7%
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