AREAS OF OPPORTUNITY—AVAILABLE BUSINESS SITES
From a logistical standpoint it would be difficult to find a more convenient location than Jefferson County. Located in the heart of the South with quick access to three major interstates, airports, waterways, and railroads, Jefferson County efficiently connects businesses with lucrative markets.
Affordable land, abundant natural resources, low taxes, a culture that values hard work, beautiful mountains and lakes, and a growing economy make Jefferson County an advantageous and fulfilling place to live and work.
TRANSPORTATION & LOGISTICS
Additionally, the state of Tennessee is #1 in the United States for employment concentration in distribution and logistics, so there’s plenty of manpower to get goods moving.
RESEARCH & DATA
The statistical benefits of conducting business and living in Jefferson County include the tax structure, strength of labor force, and affordability.
Whether you are a site selector working on behalf of a client, an existing business seeking information, an entrepreneur looking for a place to establish a new business, or a developer searching for opportunities, our goal is to assist you by providing useful and current information about Jefferson County.
52% Population Aged 18-64
Labor Force: 24,696
Unemployment Rate: 3.3%
Low tax rates in Jefferson County and the state of Tennessee are a major financial advantage for businesses and residents.
State Sales Tax: 7%
County Sales Tax: 2.75%
State Income Tax on Wages: 0%
State Income Tax – Interest from bonds, notes, & dividends from stock: 3%
State Excise Tax: 6.5% of TN Taxable Income
High Quality of Life, Low Cost of Living
Cost of Living Index: 77.3 (Jefferson County is 22.7% more affordable than the US average)
Affordable Real Estate—Average Property Value: $154,800 (National Avg: $229,800)
Homeownership Rate: 75.7% (11.3% higher than national average)
Quality Education–95% High School Graduation Rate (10% higher than national average)
Predicted Job Growth over the next 10 Years: 39.1%