Cannon County, TN Economy


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United States / Tennessee / / Cannon County / Cities / Zip Codes
Cannon, TN County is a great place to live with attractive rental and grocery options. The 2 bedroom rent in Cannon County is slightly lower than the national average at $1,410 compared to $1,430 in the US. It also has an even lower Grocery Cost Index of 98 versus 100 in the US. The county is home to many local businesses that provide excellent service to its residents such as JB's Pizzeria, Sunshine Diner, and Lighthouse Dry Cleaners. These businesses have been around for decades and are highly trusted by their customers for providing quality goods and services. In addition to these services, Cannon County also offers recreational activities such as parks, lakes and trails that provide a great escape from city life.

Cannon County has an unemployment rate of 4.5%. The US average is 6.0%.

Cannon County has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 48.5%, which is higher than the US average of 33.5%.

Tax Rates for Cannon County
- The Sales Tax Rate for Cannon County is 8.9%. The US average is 7.3%.
- The Income Tax Rate for Cannon 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 Cannon County
- The average income of a Cannon County resident is $20,974 a year. The US average is $28,555 a year.
- The Median household income of a Cannon County resident is $54,223 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCannon, TennesseeUnited States
  4.56
  -5.7%-6.2%
  48.5%33.5%
  8.8%6.2%
  0.0%4.6%
  $28,160$37,638
  $54,223$69,021
  $68,125$85,028
  Population by Occupation
  2.8%1.2%
  0.1%0.5%
  8.5%6.8%
  19.5%10.0%
  0.9%2.5%
  13.3%11.0%
  3.9%4.8%
  1.1%0.8%
  1.3%1.9%
  3.0%4.7%
  1.4%1.9%
  2.8%7.6%
  0.0%0.1%
  2.5%4.2%
  6.0%9.3%
  15.8%14.0%
  0.3%2.1%
  5.1%7.0%
  5.3%4.8%
  6.5%4.7%
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