Telford, TN Economy


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equestId":"722eefe6-37ff-4e2f-bb8c-96924fcb4892","resource":"content","data":[{"id":"txt_19469b64239344b48990561e7e6f5a7b","text":" and their industries\n \nTelford, TN is a small town located in Franklin County near the base of the Appalachian Mountains. It is known for its rural atmosphere and quaint downtown area. With a median rent of $740 for two-bedroom apartments, Telford is an affordable place to live with low costs of living compared to the rest of the US. The grocery cost index in Telford is 97 versus 100 in the US, providing financial savings on food costs. There are several local companies in Telford including Timberline Roofing and Remodeling which specializes in roofing services; Woodland Acres Nursery providing landscaping materials; and Poppy's Bakery offering a variety of baked goods. All three companies have been serving the community for many years and are well respected within the town and surrounding areas.

Telford has an unemployment rate of 4.6%. The US average is 6.0%.

Telford has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 35.0%, which is higher than the US average of 33.5%.

Tax Rates for Telford
- The Sales Tax Rate for Telford is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Telford 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 Telford
- The average income of a Telford resident is $15,601 a year. The US average is $28,555 a year.
- The Median household income of a Telford resident is $43,547 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTelford, TennesseeUnited States
  4.66
  -4.9%-6.2%
  35.0%33.5%
  9.5%6.2%
  0.0%4.6%
  $24,011$37,638
  $43,547$69,021
Family Median Income 85028
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