Jefferson County, also known as the Lakeside of the Smokies, is an oasis of natural beauty with rolling hills, mountain views, and two pristine lakes. In addition to the great outdoors, Jefferson County’s convenient geographic location, pro-business culture, and affordability make it an ideal place for residents and businesses to plant their roots.
Jefferson County, also known as the Lakeside of the Smokies, is an oasis of natural beauty with rolling hills, mountain views, and two pristine lakes. In addition to the great outdoors, Jefferson County’s convenient geographic location, pro-business culture, and affordability make it an ideal place for residents and businesses to plant their roots.
Quality of Life
A high quality of life, low cost of living, and a picturesque landscape make Jefferson County a great place to call home. Residents enjoy the small-town way of life with friendly neighbors, a strong sense of community, and low crime rates. However, they still have quick access to larger cities–Knoxville, Johnson City, and Chattanooga–as well as popular tourist destinations—Gatlinburg, Pigeon Forge, and The Great Smoky Mountains National Park. With schools that exceed state and national averages, universities and technical colleges, ample job opportunities, and affordable housing, if you work hard in Jefferson County, you will succeed.
Location & Infrastructure
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.
ROAD
AIR
RAIL
WATER
INFRASTRUCTURE
Tennessee Valley Authority
TVA was founded in the 1930s as part of President Roosevelt’s “New Deal” to boost economic growth in the region. In a way TVA continues to do so today, providing dependable power so that businesses and communities can thrive. We can thank TVA for creating gorgeous Cherokee Lake and Douglas Lake with the construction of Cherokee Dam and Douglas Dam. These hydroelectric power sources generate clean renewable, and affordable energy.
Appalachian Electric Cooperative
AEC distributes TVA electricity across Jefferson County and surrounding areas. AEC leading the charge into the future in Jefferson County by installing a network of over 1,600 miles of fiber optic cables. They provide dependable power to over 50,000 members, including more than 42,000 residences and 7,000+ commercial properties. AEC offers an energy efficiency loan program and an energy assistance program (empower) to help elderly and disabled customers pay their utility bills.
Fiber
WiFi is out and Fiber is in! Access to a fiber network provides superior speed and dependability, it’s a great asset for businesses and a convenient service for residents to take advantage of. Thanks to Trilight, Jefferson County has four municipalities that are each certified as a “Gig City” with 10+ gig download speeds and impressive bandwidth available.
Gas
Jefferson-Cocke Utility District
JCCUD provides natural gas and propane with a focus on safety and customer service. They also offer rebates and incentives for new service customers.
Water & Sewer
Water and sewer service providers in Jefferson County include White Pine Public Works, Jefferson City Public Works, Dandridge Water Management Facility, Shady Grove Utility District, Witt Utility District, New Market Utility District, and Alpha-Talbott Utility District.
COUNTY PROFILE
Population: 57,838
Time Zone: Eastern
Grand Division: East TN
Area: 274.1 Square Miles
County Seat: Dandridge, TN
Metro Area: Morristown, TN
ECD Region: East
COST OF LIVING
Average Household Income: $51,900.00
Average Property Value: $154,800
(National Avg: $229,800)
Median Rent for Apartment: $750
No State Income Tax
Homeownership Rate: 75.7%
(11.3% higher than national average)
Cost of Living Index: 77.3
(Jefferson County is 22.7% more affordable than the US average)
EMPLOYMENT
Labor Force: 25,199
Unemployment Rate: 3.1%
Predicted Job Growth over the next 10 Years: 39.1%
EDUCATION
%
High School Graduation Rate
(10% higher than national average)
%
Population with Associate Degree or Higher
%
Population with Bachelor’s Degree or Higher
EMPLOYMENT BY INDUSTRY
Manufacturing: 15.61%
Retail Trade: 13%
Healthcare & Social Services: 10.19%
Hospitality and Food Service: 10.19%
Education: 7.93%
Other: 43.08%
EMPLOYMENT BY INDUSTRY
Manufacturing
Retail Trade
Healthcare & Social Services
Hospitality & Food Service
Education
Other
ESTABLISHMENTS BY INDUSTRY
Service & Public Administration
Retail Trade
Hospitality & Food Service
Healthcare & Social Services
Construction
Professional & Technological
Real Estate
Wholesale Trade
Other
MAJOR INDUSTRIAL EMPLOYEERS
Old Dominion Freight Lines
Bush Brothers & Company
Nyrstar-TN Mines Co.
American Book Company
Oshkosh Manufacturing
Sonoco
Matsuo Industries
TRU Homes
Overman USA, Inc.
Masonite International Corp
Taxes & Incentives
%
State Income Tax on Wages
%
State Sales Tax
%
County Sales Tax
County Property Tax
Tax Rates by Municipality
Jefferson County
White Pine
Jefferson City
New Market
Dandridge
Baneberry
Tax Assessment Ratios
- Residential Property 25%
- Commercial & Industrial Property 40%
- Business & Personal Property 30%
- Public Utility 55%
Incentives
Jefferson County businesses have access to a long list of local and state incentive and grant programs. These programs are designed to reduce costs, support financial health, and provide opportunities and funds so that businesses can succeed and grow.
The Jefferson County and Jefferson City Industrial Development Boards (IDB) offer tax abatement incentives including the Payment in Lieu of Taxes (PILOT) program. This is an abatement on the real or personal property taxes related to a new or expanding business’ project. These incentive programs are based upon capital investment, new jobs created, and the wages associated with those jobs.
The Tennessee Valley Authority (TVA) offers several incentives and grant programs that benefit businesses in their service area. The Valley Incentive Programs (VIP) support economic growth by assisting new and growing businesses, rewarding top performing companies, and providing helpful financing options with minimal risk.
Contact our team for more information on these programs and how to apply.