With data compiled from reliable public sources and government organizations like the Bureau of Labor Statistics and the U.S. Census Bureau, Joblift provides you with essential insights to help you in your job search in Farragut, TN.
Farragut is a city with thriving industries in several sectors, offering ample opportunities for job seekers. Health care, technology, and science fields are known to have a strong presence within the city limits. Additionally, education, retail, and manufacturing industries contribute significantly to the city's workforce, ensuring a wide range of options for those seeking employment. This variety of industries provides a solid foundation for Farragut's economy while also catering to the professional aspirations of its residents. Overall, Farragut presents a well-rounded selection of career paths for individuals in various stages of their professional lives.
In the city, employment opportunities present a mixture of advantages and challenges. A significant portion, around 63%, of individuals in this area have access to employer-provided insurance, demonstrating stability in job benefits. The average commute time is fairly reasonable, clocking in at 21.5 minutes, allowing employees more leisure time outside of work hours. However, the cost of living stands at 13.0% higher than the national average, which could impact personal budgets. Additionally, the average salary for workers in the city comes to $59,133, which falls approximately 14.58% below the national average, indicating potential limitations in wage growth. Despite these factors, the city remains an earnest option for those seeking employment opportunities with valuable benefits and reasonable commutes.
Farragut, Tennessee is a city with an unemployment rate of 4.10%, which is above the national average of 3.8%. However, this does not deter the future job market growth in the area, as it is expected to be vigorous. The local economy and job market are focused on providing opportunities for residents to find stable employment while fostering ongoing development for a thriving community. With vigor in the future job market growth, Farragut aims to improve its economic landscape and create better prospects for those seeking jobs within the city.
Farragut is a thriving community with an expanding job market. To find jobs in Farragut, explore Joblift's advanced search and Job Coach tool to match your skills and experience with the perfect opportunity.