Grundy County, TN Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Tennessee / No Metro Area / Grundy County / Cities / Zip Codes
Grundy, TN County is a great place to live. It is known for its low cost of living and affordable housing. The 2 bedroom rent in Grundy County is only $750 compared to the US average of $1,430. Additionally, the grocery cost index in Grundy County is 94 compared to 100 in the US. The county is home to several local companies including Advanced Manufacturing Solutions, TN Valley Technology Center, and Valley Forge Stone. These companies bring employment opportunities as well as economic stability to the community.

Grundy County has an unemployment rate of 6.6%. The US average is 6.0%.

Grundy County has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 30.3%, which is lower than the US average of 33.5%.

Tax Rates for Grundy County
- The Sales Tax Rate for Grundy County is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Grundy County 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 Grundy County
- The average income of a Grundy County resident is $15,581 a year. The US average is $28,555 a year.
- The Median household income of a Grundy County resident is $45,150 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrundy, TennesseeUnited States
  6.66
  -3.6%-6.2%
  30.3%33.5%
  9.3%6.2%
  0.0%4.6%
  $21,848$37,638
  $45,150$69,021
  $51,708$85,028
  Population by Occupation
  5.1%1.2%
  0.0%0.5%
  5.2%6.8%
  23.6%10.0%
  1.2%2.5%
  8.8%11.0%
  6.6%4.8%
  0.6%0.8%
  0.4%1.9%
  1.1%4.7%
  1.4%1.9%
  2.5%7.6%
  0.0%0.1%
  3.8%4.2%
  14.2%9.3%
  10.3%14.0%
  0.5%2.1%
  5.2%7.0%
  3.5%4.8%
  6.0%4.7%
Health