Tennessee 

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Economy in Tennessee

Tennessee has an unemployment rate of 4.3%. The US average is 3.7%.

Tennessee has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 41.6%, which is higher than the US average of 33.5%.

Tax Rates for Tennessee
- The Sales Tax Rate for Tennessee is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Tennessee 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 Tennessee
- The average income of a Tennessee resident is $24,811 a year. The US average is $28,555 a year.
- The Median household income of a Tennessee resident is $44,621 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYTennessee, TennesseeUnited States
  4.3%3.7%
  1.8%1.6%
  41.6%33.5%
  9.8%6.2%
  0.0%4.6%
  $27,277$31,177
  $48,708$57,652
  $60,217$70,850
  POPULATION BY OCCUPATION
  0.8%1.3%
  0.2%0.6%
  6.2%6.2%
  13.1%10.4%
  2.7%2.7%
  12.2%11.6%
  5.1%4.1%
  1.1%0.9%
  1.9%2.1%
  4.1%4.7%
  1.6%1.9%
  4.8%6.7%
  0.1%0.1%
  4.5%4.3%
  8.7%9.3%
  14.1%13.8%
  1.8%2.2%
  7.5%7.4%
  4.9%4.9%
  4.4%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    Reviews for Tennessee    43 Reviews
    How hard is it to fine work? - 9/24/2020
    We are wanting to move to Tennessee in next 2-4 years from CA. Hate CA! Husband is a highschool teacher and football/girls basketball coach. Would he have a hard time... Read More

    Start Your Review of Tennessee


    Longtime Resident and Knoxville Enthusiast - 9/4/2020
    I am a lifelong resident of the Scruffy City. I have visited many cities and states and briefly lived elsewhere but I am a big fan of the city. Knoxville is a very... Read More

    Moving in a couple years - 3/15/2020
    Ive done a lot of research and im wanting to move from Massachusetts to Tennessee. What are some good country places that have jobs, and houses that are fair or low... Read More


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    COMPARE COST OF LIVING
    Compare Tennessee to any other place in the USA.

    MAPS OF TENNESSEE
    Tennessee
    ZIP CODES IN TENNESSEE
    37013, 37211, 37042, 37075, 37167, 38401, 37130, 37064, 37122, 37129, ... 628 more

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