Tennessee's Economy. Highlights of Tennessee's economy over the previous year in employment, unemployment, wages, demographics, safety, and projections for next year's employment growth for occupations and industries are included. Regional analysis encompasses top industries as well as workforce challenges and strategies for strengthening workers' skills.

Economy in Tennessee. Tennessee has an unemployment rate of 5.1%. The US average is 6.0%. 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%. - The Sales Tax Rate for Tennessee is 9.5%.

The Tennessee Economy in 2019 Nonfarm employment in Tennessee increased by nearly two percent from 2018 to 2019 to 3,063,300, creating 58, 800 jobs over the year (see Summary, p. 3). Metropolitan growth was strongest in the Nashville MSA, which grew by 3.3 percent, twice as fast as Tennessee’s other metropolitan areas. Employ-

In 2019, Tennessee had a population of 6.83M people with a median age of 39 and a median household income of $56,071. Between 2018 and 2019 the population of Tennessee grew from 6.77M to 6.83M, a 0.874% increase and its median household income grew from $52,375 to $56,071, a 7.06% increase.

NASHVILLE, Tenn. (WKRN) — Over the last five years, the Tennessee Department of Economic and Community Development (TNECD) has brought in 65 projects in Davidson County alone, with 19,000 jobs and...

Economy in Knoxville, Tennessee. Knoxville has an unemployment rate of 4.7%. The US average is 6.0%. Knoxville 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 37.5%, which is higher than the US average of 33.5%. Tax Rates for Knoxville. - The Sales Tax Rate for Knoxville is 9.3%.