Cleveland, TN is a beautiful city located in Southeast Tennessee. Its close proximity to Chattanooga and Knoxville makes it an ideal location to commute from. The two bedroom rent of $990 in Cleveland is lower than the US average of $1,430, making it a great place for those looking for an affordable housing option. Additionally, groceries are cheaper here compared to other areas in the US with a Grocery Cost Index of 96 versus 100 nationally. Living in Cleveland offers residents many employment opportunities - notable local companies include Wacker Chemie AG, Amazon Fulfillment Center, Whirlpool Corporation and Olin Corp. With its convenient location and low cost of living, Cleveland is an attractive choice for those looking to relocate or start a new life.
Cleveland has an unemployment rate of 5.6%. The US average is 6.0%.
Cleveland has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 35.4%, which is higher than the US average of 33.5%.
Tax Rates for Cleveland
- The Sales Tax Rate for Cleveland is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Cleveland is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Cleveland
- The average income of a Cleveland resident is $23,066 a year. The US average is $28,555 a year.
- The Median household income of a Cleveland resident is $48,431 a year. The US average is $69,021 a year.