Everything You Need to Know About the City of Jackson Tennessee

In 2017, Jackson, TN had a population of 67k people with a median age of 36 and a median household income of $40,398 dollars. Between 2016 and 2017 the population of Jackson, TN declined from 67,162 to 66,977, a -0.275 percent decrease, and its median household income grew from $39,747 dollars to $40,398 dollars, a 1.64 percent increase.

The population of Jackson, TN is 48.4 percent White Alone, 44.1 percent Black or African American Alone, and 4.38 percent Hispanic or Latino. N/A% of the people in Jackson, Tennessee speak a non-English language, and 98.3 percent are U.S. citizens.

The largest universities in Jackson, TN are Union University (1,071 degrees awarded in 2017), Jackson State Community College (706 degrees), and West Tennessee Business College (191 degrees).

The median property value in Jackson, TN is $131,800 dollars, and the homeownership rate is 54.2 percent. Most people in Jackson, TN commute by Drove Alone, and the average commute time is 16.8 minutes. The average car ownership in Jackson, TN is 2 cars per household.

 

Education in Jackson

In 2017, universities in Jackson, TN awarded 2,168 degrees. The student population of Jackson, TN is skewed towards women, with 3,659 male students and 6,135 female students.

Most students graduating from Universities in Jackson, TN are White (1,453 and 67.1 percent), followed by Black or African American (553 and 25.5 percent), Unknown (54 and 2.49 percent), and Hispanic or Latino (45 and 2.08 percent).

The largest universities in Jackson, TN by the number of degrees awarded are Union University (1,071 and 49.4 percent), Jackson State Community College (706 and 32.6 percent), and West Tennessee Business College (191 and 8.81 percent).

The most popular majors in Jackson, TN are Liberal Arts & Sciences (432 and 19.9 percent), Registered Nursing (224 and 10.3 percent), and General Business Administration & Management (139 and 6.41 percent).

The median tuition costs in Jackson, TN is $19,740 dollars for private four-year colleges, and $N/A and $N/A respectively, for public four-year colleges for in-state students and out-of-state students.

 

Economy in Jackson

The economy of Jackson, TN employs 28.8k people and Jackson has an unemployment rate of 4.1 percent. Jackson has seen the job market increase by 1.9 percent over the last year. Future job growth over the next ten years is predicted to be 39.9 percent, which is higher than the US average of 33.5 percent. The largest industries in Jackson, TN are Health Care & Social Assistance (5,586 people), Retail Trade (4,200 people), and Manufacturing (3,239 people), and the highest paying industries are Utilities ($84,464 dollars), Agriculture, Forestry, Fishing & Hunting, & Mining ($43,648 dollars), and Public Administration ($42,766 dollars).

Households in Jackson, TN have a median annual income of $40,398 dollars, which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $39,747 dollars in 2016, which represents a 1.64 percent annual growth.

 

Tax Rates for Jackson

– The Sales Tax Rate for Jackson is 9.8 percent.

– The Income Tax Rate for Jackson is 0.0 percent.

– Tax Rates can have a big impact when Comparing the Cost of Living.

 

Income and Salaries for Jackson

– The average earnings of a Jackson resident are $22,964 dollars a year.

– The Median household earnings of a Jackson resident is $37,988 dollars a year.