Orme, TN Economy


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Orme, TN is a small rural town located in Marion County, Tennessee. The town is home to a few local companies such as the Orme General Store and the Orme Inn. In terms of housing costs, the average two-bedroom rent in Orme is $910 per month which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Orme stands at 94, compared to 100 for the US overall. This shows that groceries tend to be more affordable in Orme than they are elsewhere.

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

Orme has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 41.4%, which is higher than the US average of 33.5%.

Tax Rates for Orme
- The Sales Tax Rate for Orme is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Orme 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 Orme
- The average income of a Orme resident is $21,343 a year. The US average is $28,555 a year.
- The Median household income of a Orme resident is $32,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOrme, TennesseeUnited States
  5.56
  -5.4%-6.2%
  41.4%33.5%
  9.8%6.2%
  0.0%4.6%
  $26,043$37,638
  $32,250$69,021
  $41,250$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  33.3%10.0%
  0.0%2.5%
  33.3%11.0%
  16.7%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  16.7%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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