LotsCap

Economy Profile

DeKalb County

  • Tennessee State
  • October, 2024
TSAC-CFD-47041

Table of Content

Snapshot

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GDP (2022, Thousands)
$ 874313
AVG Real Growth (2017-2022)
2.88 %
Unemployment Rate (May, 2024)
4.5 %
Labor Force Size
7764
Number of Businesses
452
Average Annual Wage
$ 49587

Economy Structure

Population & Household section gives reader an outlook. of general population profile, structure, and outlook.

GDP

GDP (2022, Thousands)
$ 874313
GDP Per Capita
$ 43264
GDP Growth Rate (2022)
11.8 %
Average Growth Rate (2017-2022)
2.88 %
Goods Producing Contribution (%)
41.9%
Service Providing Contribution (%)
46.1%
Goverment Contribution
12%
GDP Historical Growth Rate
Source: Bureau of Economic Analysis | CAGDP2, CAGDP11
GDP by Sectors
Source: Bureau of Economic Analysis | CAGDP2, CAGDP11
GDP Growth by Sectors
Source: Bureau of Economic Analysis | CAGDP11

Monthly Employment

Total Labor Force
7764
Labor Force Growth
-0.3%
Unemployment
348
Unemployment Rate
4.5%
Unemployment Rate
Source: Census.gov | S2301

Employment Profile

Employment Rate (20-64 y.o.)
62%
Employment Rate (with Bachelor's Degree)
72.5%
Employment Rate (75+ y.o.)
5.1%
Employment Rate (Black)
51.5%
Employment Rate (Female)
54.6%
Employment Rate by Segment
Source: Census.gov | S2301
Employent Rate Comparison
Source: Census.gov | S2301

Employment by Sectors

Number of Companies
452
Number of Employment
5709
Annual Average Wages
$ 49587
Wage CAGR (2010-2022)
Goods-producing (avg pay)
$ 59097
Service-providing (avg pay)
$ 40143
Historical Annual Average Wage
Source: BLS
Number of Establishments
Source: BLS
Company Indicators
Source: BLS

Income

Household Income (Mean)
$ 46907
Household Income (Median)
$ 65911
Per Capita Income
$ 27684
Per Capita Income Growth (2010-2022)
54 %
Gini Index
0.4614*
Poverty Rate
20.2 %
Per Capita Income
Source: Census.gov | B19301
Income Distribution by Household
Source: Census.gov