Tennessee has a population of approximately 6,859,497 and experiences a population change rate of 20.57%. The population density is 166.4 / sq mi .
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Population
Household
The median household income for Tennessee is $58,516, with 2,664,791 households and an average household size of 2.52.
Home Value
The median value of a home in Tennessee is $277,400 with an appreciation rate of 23.20%. 59.22% of housing in the state is owned while 29.28% is rented.
Cost of Living
The cost of living in Tennessee is 96.2 %.
Employment
The unemployment rate in Tennessee is 2.60%, and recent job growth is at 0.93%. Future job growth is projected at 39.96%.
Taxes
The sales tax rate in Tennessee is 9.75%, while the income tax rate is 0.00% .
Education
School expenditures in Tennessee are $11,041, and the school ratio is 15.6:1.
Weather
The average high temperature in July is 88.3 degrees, with an average low temperature in January of 26.7 degrees. The average rainfall is approximately 52.8 inches per year, with 4.8 inches of snow per year.