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 Signal Mountain, TN.
Signal Mountain is a city with diverse industries, including health care, education, technology, science, manufacturing, and finance. These sectors provide various employment opportunities and contribute to the city's economic growth. The presence of top-notch educational institutions in the area fosters innovation and supports the continuous development of groundbreaking technologies, particularly in the fields of science and healthcare. Manufacturing companies situated in Signal Mountain play a crucial role in producing quality goods while maintaining high standards for sustainability and efficiency. In addition, the finance sector is instrumental in driving investment and economic prosperity throughout the region. Overall, Signal Mountain offers a wide array of career paths and opportunities across its thriving industries.
In the city, the average salary stands at $60,747, which is approximately 12.25% below the national average. A significant proportion of the population, 62%, receives insurance coverage through their employer. Residents face a cost of living that is about 9.0% higher than the average, reflecting increased expenses in various aspects of daily life. The typical commute for workers lasts around 26 minutes, allowing ample time for travel to and from job locations. Employment opportunities within the city continue to provide essential resources and support for individuals seeking stable careers.
The local economy in Signal Mountain, TN currently experiences an unemployment rate of 4.80%, which is above the national average of 3.8%. Despite this higher than average unemployment rate, the city's future job market growth is expected to be very strong. This promising outlook indicates a potentially thriving job market for those seeking opportunities in Signal Mountain.
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