Jefferson, TN County is an excellent place to live and work. It has a low cost of living that includes 2 bedroom rent for $830 which is significantly lower than the US average at $1,430. The Grocery Cost Index in Jefferson is also lower than the US average of 100, rating in at 96. There are many local companies in Jefferson that provide employment opportunities such as Oak Ridge National Laboratory, Covenant Health, and DENSO Manufacturing Tennessee Inc. These companies are just a few of many reasons why it's great to live and work in Jefferson!
Jefferson County has an unemployment rate of 5.0%. The US average is 6.0%.
Jefferson County has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 39.1%, which is higher than the US average of 33.5%.
Tax Rates for Jefferson County
- The Sales Tax Rate for Jefferson County is 9.7%. The US average is 7.3%.
- The Income Tax Rate for Jefferson 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 Jefferson County
- The average income of a Jefferson County resident is $21,603 a year. The US average is $28,555 a year.
- The Median household income of a Jefferson County resident is $54,371 a year. The US average is $69,021 a year.