The average Tennessean is taxed at a rate of 0.68% for property, a maximum of 3.00% for income and up to 7.00% for sales. Compared to the national averages Tennessee earns a score of good 👍 for property taxes, good 👍 for income taxes and poor 👎 for combined local and state sales tax. Quick links to regions of Tennessee with predicted increasing and decreasing valuations.
Review the Geographical, Political and Spiritual Attributes of Tennessee
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On average, real estate listings in Tennessee are on the market for 69 days. The Market Health Index for Tennessee is 6.67. Tennessee has one of the top ten largest income disparities between the wealthiest and poorest counties. Williamson is the wealthiest of all counties in Tennessee. The least wealthy of all counties in Tennessee is Hancock.
Daily state facts: Tennesse is home to the world renowned Dollywood themed park which was inspired by Dolly Parton and located in Pigeon Forge.
According to the Bureau of Labor Statistics, Tennessee employment in June 2019 was 3,336,840, unemployment was 112,232 or 3.4% of total jobs.